Quick Answer: Is It Cheap To Live In Phoenix?

What is the highest paying job in Arizona?

Here’s a quick look at the top ten highest paying jobs in Arizona:Psychiatrists.Family Medicine Physicians.General Internal Medicine Physicians.Obstetricians and Gynecologists.Physicians, All Other; and Ophthalmologists, Except Pediatric.Dentists, General.Chief Executives.Dentists, All Other Specialists.More items…•.

How much does it cost to live comfortably in Arizona?

An amount below 100 means Arizona is cheaper than the US average. A cost of living index above 100 means Arizona, Arizona is more expensive….2027 E 1st St Unit 2.COST OF LIVINGArizonaUnited StatesGrocery96.1100Health95.2100Housing107.8100Median Home Cost$249,300$231,2004 more rows

Can you live comfortably on 40k a year?

The widely reported ASFA Retirement standard suggests a single person can enjoy a ‘comfortable lifestyle’ on around $44,000 a year. For couples, $40,000 provides a more modest standard of living, albeit it a little more comfortable than the Age Pension alone.

Is it expensive to live in Phoenix?

Phoenix has been named the most expensive city to live and drive in, based on how much residents’ income goes toward those two things. Using data from 2016, the analysis found Phoenix households spend 27% of their income on housing, and 25% on transportation.

What salary do you need to live in Phoenix?

Living Wage Calculation for Arizona1 ADULT2 ADULTS (BOTH WORKING)0 Children3 ChildrenLiving Wage$12.01$20.99Poverty Wage$6.00$7.25Minimum Wage$11.00$11.00

Is moving to Phoenix a good idea?

For retirees who live on a fixed income, moving to Phoenix can be ideal due to the reasonable cost of living balanced with a number of amenities available. Property taxes are low compared to other large cities, but unlike retiree destinations in Orlando, you will have to pay Arizona state income tax.

What you should know before moving to Phoenix?

15 Things to Know Before Moving to PhoenixPhoenix has a thriving tech scene. … The baseball stadium is air-conditioned. … The Mexican food will blow your mind. … Phoenix has impressive museums. … Look out for urban wildlife. … Don’t skip the Grand Canyon. … The Grand Canyon isn’t the only outdoor attraction. … There’s a monsoon season.More items…•

What is the average income in Phoenix AZ?

$57,957In 2018, Phoenix, AZ had a population of 1.66M people with a median age of 33.5 and a median household income of $57,957. Between 2017 and 2018 the population of Phoenix, AZ grew from 1.63M to 1.66M, a 2.1% increase and its median household income grew from $56,696 to $57,957, a 2.22% increase.

How much do you need to live comfortably in Phoenix?

According to the site, the income needed in Phoenix is $48,876. The article considers 50 percent for necessities, 30 percent for discretionary spending and 20 percent for savings. In Tucson, the income required is $39,966 and is the lowest number of the 50 cities. For Mesa, the needed income is listed as $42,654.

What are the cons of living in Arizona?

List of the Cons of Living in ArizonaYou must use some form of transportation if you live in Arizona. … Much of Arizona is barren, especially in the southern part of the state. … The heat can be oppressive when you live in Arizona. … Arizona’s economy is heavily reliant on real estate and construction.More items…•

What is a good salary in Phoenix?

We’ve identified 10 cities where the typical salary for an Average job is above the average in Arizona….Top 10 Highest Paying Cities for Average Jobs in Arizona.CityPhoenixAnnual Salary$59,794Monthly Pay$4,983Weekly Pay$1,150Hourly Wage$28.759 more columns

Why is rent so high in Phoenix?

“Strong economic growth has been driving the hot rental market in the Phoenix area,” says Chris Salviati, a housing economist with Apartment List. “The Phoenix-area economy has a strong outlook for 2020, and so I would expect prices to continue rising.”

What’s the most dangerous city in Arizona?

According To FBI Statistics, These Are The 10 Most Dangerous Cities In Arizona For 2020Globe. Wikipedia/Jerry Willis. … Tolleson. Flickr/Kevin Dooley. … Page. Flickr/Diana Robinson. … Winslow. Flickr/Alan Levine. … Tucson. Flickr/David Wilson. … Tempe. Flickr/CEBImagery. … Show Low. Wikipedia/Ixnayonthetimmay. … Phoenix. Flickr/Sean Davis.More items…•

Why is everyone moving to Phoenix?

Add in the affordable cost of living, vast employment opportunities and rapidly growing infrastructure, all of which make the Phoenix-Metro area a thriving hub for living, working and entertaining – and add to its appeal as a place to put down roots. Phoenix is more than the Grand Canyon state.

What city in Arizona has the lowest cost of living?

Oro Valley, Tucson Located on the outskirts of Tucson, Oro Valley offers impressive views of the city, yet it is the cheapest place to live in Arizona.

Is 50k a year good in Arizona?

You can live comfortably on $40-$50k in most parts of town, even less in other areas. Newer areas and in-demand areas would probably require $60k+ to live well. It’s pretty subjective. I live in Phoenix and make significantly more than average yet still find a way to not be comfortable.

Where should you not live in Phoenix?

Here are the 5 worst neighborhoods in Phoenix according to data:Central City.South Mountain.Estrella.Maryvale.Alahambra.

Where is the cheapest rent in Arizona?

Queen Creek. About an hour’s drive southeast of Phoenix, Queen Creek has the most affordable rent in our top 20. Here, tenants pay about 14% of their income toward rent, which on average is $982. However, only a small percentage of housing units, 18.9%, are available for renters.