Cost of Living in Show low, AZ

Housing

The housing market plays a significant role in determining the cost of living in Show low, AZ.

• Housing Index: 90.2 / 100
• Median Home Price is: $350000
• Average Rent (2 BR Apartment): $1200 per month
• Average Rent (2 BR House): $1300 per month

Based on the data for Show low, AZ, the housing index stands at 90.2, indicating a relatively affordable cost of living compared to the national average. The median home price of 350000 is within reach for many buyers, while average rent for a 2-bedroom apartment at 1200 and a house at 1300 suggest a competitive rental market. This combination makes it essential for potential movers to assess their financial options and long-term plans, given that buying might be a more investment-worthy choice in the long run.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Show low, 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 Show low, 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 98.5

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $57406

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Show low, AZ, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.