Cost of Living in Litchfield park, AZ
Housing
The housing market plays a significant role in determining the cost of living in Litchfield park, AZ.
- Housing Index: 95.0 / 100
- Median Home Price is: $427000
- Average Rent (2 BR Apartment): $1600 per month
- Average Rent (2 BR House): $1700 per month
When considering a move to Litchfield park, AZ, it’s critical to analyze its housing metrics. With a housing index of 95.0, it shows the market is relatively balanced compared to national averages. The median home price of 427000 suggests a solid investment opportunity, especially in well-developed areas. Additionally, average rent for a 2BR apartment at 1600 and a 2BR house at 1700 might be steep but reflect the demand for comfortable living spaces. Ultimately, this data indicates a promising but potentially competitive housing landscape.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Litchfield park, 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 Litchfield park, 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 Litchfield park is a financially viable option for your relocation.