GITNUX REPORT 2024

Arizonas Average Cost of Living 5% Lower Than National Average

Discover how living in Arizona can save you money with a cost breakdown analysis.

Author: Jannik Lindner

First published: 7/17/2024

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The average cost of childcare in Arizona is $900 per month.

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The average cost of living in Arizona is 5% lower than the national average.

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The average cost of groceries for a family of four in Arizona is $600 per month.

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The average cost of utilities in Arizona is $150 per month.

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The sales tax rate in Arizona is 5.6%.

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The income tax rate in Arizona ranges from 2.59% to 4.50%.

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The poverty rate in Arizona is 13.5%.

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The average cost of college tuition in Arizona is $9,000 per year.

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The average cost of a meal at a mid-range restaurant in Arizona is $40.

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The average cost of a movie ticket in Arizona is $12.

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The average monthly cost of internet in Arizona is $60.

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The cost of living index in Arizona is 93.5, lower than the national average of 100.

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The average cost of a gallon of milk in Arizona is $2.50.

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The average cost of a haircut in Arizona is $25.

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The average cost of a bottle of wine in Arizona is $10.

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The average cost of a loaf of bread in Arizona is $2.

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The average cost of a cappuccino in Arizona is $3.50.

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The average cost of a gallon of water in Arizona is $1.

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The average cost of a dozen eggs in Arizona is $2.

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The average cost of a fast-food meal in Arizona is $8.

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The average cost of dry cleaning a shirt in Arizona is $1.50.

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The average cost of a movie ticket in Arizona is $10.

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The average cost of a fitness class in Arizona is $15.

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The average cost of a museum admission in Arizona is $15.

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The average cost of a round of golf in Arizona is $40.

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The average cost of a concert ticket in Arizona is $50.

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The average cost of a takeout meal for two in Arizona is $30.

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The average cost of pet grooming in Arizona is $50.

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The average cost of healthcare in Arizona is 2% lower than the national average.

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The average cost of a doctor's visit in Arizona is $100.

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The average cost of a gym membership in Arizona is $30 per month.

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The average cost of a veterinary visit in Arizona is $75.

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The median home price in Arizona is $270,000.

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The average monthly rent for a 1-bedroom apartment in Arizona is $1,000.

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The unemployment rate in Arizona is 4.4%.

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The average cost of property taxes in Arizona is 0.72% of the assessed home value.

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The average price of a gallon of gas in Arizona is $2.50.

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The average monthly cost of transportation in Arizona is $250.

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The average cost of auto insurance in Arizona is $1,100 per year.

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The average cost of a car wash in Arizona is $10.

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Summary

  • The average cost of living in Arizona is 5% lower than the national average.
  • The median home price in Arizona is $270,000.
  • The average monthly rent for a 1-bedroom apartment in Arizona is $1,000.
  • The average cost of groceries for a family of four in Arizona is $600 per month.
  • The average cost of utilities in Arizona is $150 per month.
  • The average price of a gallon of gas in Arizona is $2.50.
  • The average cost of healthcare in Arizona is 2% lower than the national average.
  • The average cost of childcare in Arizona is $900 per month.
  • The average monthly cost of transportation in Arizona is $250.
  • The sales tax rate in Arizona is 5.6%.
  • The income tax rate in Arizona ranges from 2.59% to 4.50%.
  • The unemployment rate in Arizona is 4.4%.
  • The poverty rate in Arizona is 13.5%.
  • The average cost of college tuition in Arizona is $9,000 per year.
  • The average cost of a meal at a mid-range restaurant in Arizona is $40.

Step right up, folks, and get ready to dive into the Wild West of budgeting – Arizona style! With an average cost of living thats 5% lower than the national average, the Grand Canyon State is beckoning with its $270,000 median home price, $1,000 monthly rent for a 1-bedroom apartment, $600 grocery bill for a family of four, $150 utilities cost, $2.50 gallon of gas, 2% lower healthcare expenses, $900 childcare fee, $250 transportation budget, 5.6% sales tax rate, income tax ranging from 2.59% to 4.50%, 4.4% unemployment rate, 13.5% poverty rate, $9,000 college tuition, $40 restaurant meal, $12 movie ticket, $1,100 auto insurance, 0.72% property taxes, and $60 internet. So saddle up, because were about to lasso in all the details on living the good life in the Copper State!

Childcare

  • The average cost of childcare in Arizona is $900 per month.

Interpretation

In the land of the sun and saguaros, where the cost of living is as hot as the summer days, parents in Arizona are feeling the burn of childcare expenses at a blistering $900 per month. It seems that raising kids in the Grand Canyon State comes with a price tag as steep as the cliffs themselves. While the desert may be dry, the wallets of Arizona parents are definitely feeling the heat when it comes to footing the bill for childcare.

Cost of Living

  • The average cost of living in Arizona is 5% lower than the national average.
  • The average cost of groceries for a family of four in Arizona is $600 per month.
  • The average cost of utilities in Arizona is $150 per month.
  • The sales tax rate in Arizona is 5.6%.
  • The income tax rate in Arizona ranges from 2.59% to 4.50%.
  • The poverty rate in Arizona is 13.5%.
  • The average cost of college tuition in Arizona is $9,000 per year.
  • The average cost of a meal at a mid-range restaurant in Arizona is $40.
  • The average cost of a movie ticket in Arizona is $12.
  • The average monthly cost of internet in Arizona is $60.
  • The cost of living index in Arizona is 93.5, lower than the national average of 100.
  • The average cost of a gallon of milk in Arizona is $2.50.
  • The average cost of a haircut in Arizona is $25.
  • The average cost of a bottle of wine in Arizona is $10.
  • The average cost of a loaf of bread in Arizona is $2.
  • The average cost of a cappuccino in Arizona is $3.50.
  • The average cost of a gallon of water in Arizona is $1.
  • The average cost of a dozen eggs in Arizona is $2.
  • The average cost of a fast-food meal in Arizona is $8.
  • The average cost of dry cleaning a shirt in Arizona is $1.50.
  • The average cost of a movie ticket in Arizona is $10.
  • The average cost of a fitness class in Arizona is $15.
  • The average cost of a museum admission in Arizona is $15.
  • The average cost of a round of golf in Arizona is $40.
  • The average cost of a concert ticket in Arizona is $50.
  • The average cost of a takeout meal for two in Arizona is $30.
  • The average cost of pet grooming in Arizona is $50.

Interpretation

Arizona: where the cost of living is as hot as the desert sun, yet as refreshing as a cappuccino priced at $3.50. With lower-than-average expenses across the board, from groceries to utilities to entertainment, living in the Grand Canyon state might just make you feel like a wealthy celebrity sipping $10 wine while enjoying a $2 movie ticket. Just be cautious not to overspend on pet grooming at $50 a pop, unless your furry friend demands red carpet treatment in this budget-friendly oasis.

Healthcare

  • The average cost of healthcare in Arizona is 2% lower than the national average.
  • The average cost of a doctor's visit in Arizona is $100.
  • The average cost of a gym membership in Arizona is $30 per month.
  • The average cost of a veterinary visit in Arizona is $75.

Interpretation

In Arizona, it seems that taking care of your health, whether human or furry, won't break the bank. With healthcare costs lower than the national average and a doctor's visit priced at $100, you can breathe a sigh of relief (and not just because of the clean desert air). And if you're feeling motivated to keep those medical bills down, a gym membership in the Grand Canyon State will only set you back $30 a month. Just remember, even your pets can stay healthy without digging a hole in your pocket, as a vet visit in Arizona averages a reasonable $75. Looks like in Arizona, wellness doesn't have to come at a hefty price tag.

Housing

  • The median home price in Arizona is $270,000.
  • The average monthly rent for a 1-bedroom apartment in Arizona is $1,000.
  • The unemployment rate in Arizona is 4.4%.
  • The average cost of property taxes in Arizona is 0.72% of the assessed home value.

Interpretation

In Arizona, it seems you can ride the housing wave without wiping out your wallet too severely, with the median home price at a somewhat affordable $270,000 - just don't forget to tack on the 0.72% property tax. But if you prefer the flexibility of renting, be prepared to shell out $1,000 a month for a 1-bedroom space. On the bright side, those desert landscapes might inspire sunny job prospects, given the manageable 4.4% unemployment rate. So, while the housing market might not be a cactus garden of deals, Arizona still offers a hot spot for those seeking a balmy blend of affordability and opportunity.

Transportation

  • The average price of a gallon of gas in Arizona is $2.50.
  • The average monthly cost of transportation in Arizona is $250.
  • The average cost of auto insurance in Arizona is $1,100 per year.
  • The average cost of a car wash in Arizona is $10.

Interpretation

In Arizona, the cost of living paints a vibrant picture that could rival any artwork from the Grand Canyon. Residents enjoy cruising around with gas prices as refreshing as a prickly pear margarita at $2.50 a gallon, gliding effortlessly through the state's scenic roads. Yet, even the most budget-savvy Arizonans can't escape the unavoidable chore of car maintenance, with auto insurance hitting a solid $1,100 annually, enough to make even the most stoic cowboy shed a tear into their cactus juice. And for those who like to keep their wheels shining as bright as the sun in the desert sky, a $10 car wash is a small but necessary splurge to maintain that pristine southwestern charm. So, as the tumbleweeds roll and the coyotes howl, remember, living in Arizona comes with a cost, but the desert landscape always makes it worth the ride.

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