Cost of Living in Chandler, AZ
Housing
The housing market plays a significant role in determining the cost of living in Chandler, AZ.
- Housing Index: 110.0 / 100
- Median Home Price is: $450000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1920 per month
In analyzing the real estate market in Chandler, AZ, the housing index of 110.0 suggests that home prices are slightly above the national average, indicating a competitive market. The median home price of 450000 coupled with an average rent of 1800 for a 2-bedroom apartment and 1920 for a house suggests that renting might be an expensive option. Those considering moving to Chandler may want to weigh the benefits of homeownership against the rising rental costs in the area, especially in light of local amenities and lifestyle factors.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Chandler, AZ.
- Electricity Price: $15.14 USD (median by state)
- Natural Gas Price: $23.51 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Chandler, AZ could entail higher utility costs. Electricity costs sit at $15.14, while natural gas is priced at $23.51 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Chandler is a financially viable option for your relocation.