Housing costs in Scottsdale?
A typical home costs
$1,343,800, which is 297.5% more expensive than the national average of
$338,100 and 229.8% more expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Scottsdale costs
$2,660 per month, which is 71.6% more than the national average of
$1,550 and 34.6% more than the state average of
$1,740.
Can I afford Scottsdale?
To live comfortably in Scottsdale (zip 85262), Arizona, a minimum annual income of
$257,400 for a family, and
$89,600 for a single person is recommended.
What does A.I. say about Scottsdale?
The cost of living in 85262 Scottsdale, AZ is relatively high compared to the rest of the country. According to recent data, the median home price in this area is around $360,000, which is over double the national median. Additionally, groceries in Scottsdale are more expensive than other parts of Arizona and the U.S., with a typical family spending almost 20 percent more on food purchases than a family in Phoenix. Utility costs are also above average, with an electricity bill being approximately 5 percent higher than that paid by residents across most states. In summary, while 85262 Scottsdale offers a great quality of life for residents who can afford it, those on a tighter budget may find it difficult to make ends meet here.