Housing costs in Phoenix?
A typical home costs
$544,100, which is 60.9% more expensive than the national average of
$338,100 and 33.6% more expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Phoenix costs
$2,140 per month, which is 38.1% more than the national average of
$1,550 and 18.7% more than the state average of
$1,740.
Can I afford Phoenix?
To live comfortably in Phoenix (zip 85048), Arizona, a minimum annual income of
$104,400 for a family, and
$72,400 for a single person is recommended.
What does A.I. say about Phoenix?
The cost of living in 85048 Phoenix, AZ is relatively affordable when compared to the rest of the country. The median home price in 85048 is around $142,000 which is typically cheaper than other cities throughout the United States. Additionally, groceries and healthcare costs are both below the national average. Those looking for an affordable place to live should consider 85048 Phoenix, AZ as a great option.