Cost of Living in Tucson, AZ
Housing
The housing market plays a significant role in determining the cost of living in Tucson, AZ.
- Housing Index: 90.0 / 100
- Median Home Price is: $348000
- Average Rent (2 BR Apartment): $1400 per month
- Average Rent (2 BR House): $1440 per month
Considering a move to Tucson, AZ? With a housing index of 90.0, it indicates relatively affordable options compared to the national average. The median home price stands at a reasonable 348000, allowing for various homeownership opportunities. Renters should expect to pay around 1400 for a two-bedroom apartment or 1440 for a two-bedroom house, reflecting a stable rental market. This blend of affordable home prices and rental rates makes Tucson an attractive option for both new residents and investors alike.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Tucson, 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.): $200 per month
Living in Tucson, 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 $200 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 Tucson is a financially viable option for your relocation.