Housing costs in Phoenix?
A typical home costs
$413,000, which is 22.2% more expensive than the national average of
$338,100 and 1.4% more expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Phoenix costs
$1,770 per month, which is 23.8% more than the national average of
$1,430 and 12.4% more than the state average of
$1,550.
Can I afford Phoenix?
To live comfortably in Phoenix, Arizona, a minimum annual income of
$79,200 for a family, and
$59,600 for a single person is recommended.
What does A.I. say about Phoenix?
Phoenix, Arizona is a great place to live for those looking for a combination of affordability and exciting attractions. With a lower cost of living than most of the other cities in the United States, Phoenix offers plenty of housing options as well as reasonably priced groceries and transportation. Additionally, the area has become increasingly popular due to its many activities and cultural events - making it an ideal choice for anyone looking for an enjoyable lifestyle without breaking their budget.