Housing costs in Phoenix?
A typical home costs
$606,700, which is 79.4% more expensive than the national average of
$338,100 and 48.9% more expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Phoenix costs
$2,020 per month, which is 30.3% more than the national average of
$1,550 and 13.9% more than the state average of
$1,740.
Can I afford Phoenix?
To live comfortably in Phoenix (zip 85085), Arizona, a minimum annual income of
$116,280 for a family, and
$68,000 for a single person is recommended.
What does A.I. say about Phoenix?
The cost of living in 85085 Phoenix, AZ is quite reasonable. Rent prices are relatively low compared to many other cities in the country, ranging from around $850 for a one-bedroom apartment to $1,200 for a two-bedroom unit. Transportation costs are also low, with public transportation options costing as little as $2 per day and gasoline priced at around $2.60 per gallon. Groceries are also fairly reasonably priced, with most basic items costing around the national average or lower. Overall, the cost of living in 85085 Phoenix is quite affordable and can be easily managed on a limited budget.