Cottonwood cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Cost of living index7397100
Goods & Services index9197100
Groceries index97100100
Health care index96100100
Housing index2994100
Transportation index97102100
Utilities index8498100
The above illustration supplies generalized information for the Cottonwood, AZ cost of living index. Compared to other cities in Arizona and cities across the country, the cost of living index in Cottonwood, AZ is 73, which is 25% lower than the Arizona average and 27% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Cottonwood, AZ are 6% lower than the average for Arizona and 9% lower than the rest of the country.

Did you know?

  • The cost of living in Cottonwood is 25% lower than the Arizona average.
  • The cost of living in Cottonwood is 27% lower than the national average.
  • The cost of housing in Cottonwood is 71% lower than the national average.
  • Arizona general sales tax is 10% higher than the national average.
  • Arizona state income tax is 16% higher than the national average.

Find Real Estate Listings In Cottonwood


New Real Estate Listings In Cottonwood

Compare Cottonwood, AZ Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is used in order to provide a comparison of your current salary in Cottonwood, AZ to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Cottonwood, AZ, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Cottonwood, AZ salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Cottonwood, AZ, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Cottonwood, AZ has a median income of about $52,188 for people who own homes. Based on that number, a person should spend a maximum of $1,218 on expenses related to housing. Renters have a slightly different median income, which is $36,563. Based on this average, renters should spend no more than $853 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Arizona Sales Tax

StateGeneral Sales TaxWith Max Surtax

Arizona Income Tax

StateIncome Tax (Low)Income Tax (High)
When considering the overall cost of living expenses in Cottonwood, AZ, it's important to take into account the sales tax for Arizona, as well as the rate for income tax in Arizona. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Arizona is 10.725%, and the sales tax in the state of Arizona is 5.6%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Arizona starts from 2.59% and goes up to 4.54%.

Goods & Services

ItemCottonwoodNational avg.Difference
Haircut $13.34$15.5614.3%
Beauty Salon $25.90$36.1128.3%
Toothpaste $1.74$2.4729.8%
Shampoo $0.91$0.966.0%
Movie $8.50$10.1316.1%
Bowling $3.65$4.7422.9%


ItemCottonwoodNational avg.Difference
Ground Beef $4.03$3.981.1%
Fried Chicken $1.35$1.414.3%
Milk $1.39$2.0632.5%
Potatoes $4.32$2.9845.0%
Pizza $9.22$9.472.6%
Beer $8.85$8.790.7%

Health Care

ItemCottonwoodNational avg.Difference
Optometrist $93.67$101.047.3%
Doctor $92.40$107.4414.0%
Dentist $88.20$90.422.5%
Ibuprofen $9.08$9.282.1%
Lipitor $438.30$426.502.8%


ItemCottonwoodNational avg.Difference
Home Price $34,800.00$175,700.0080.2%
Avg. Mortgage Payment $1,252.63$1,133.2310.5%
Apartment Rent $469.00$920.0049.0%


ItemCottonwoodNational avg.Difference
Gasoline $2.08$1.994.4%
Tire Balancing $37.02$45.7619.1%


ItemCottonwoodNational avg.Difference
All Electricity$144.10$163.8112.0%
Phone $22.21$28.3921.8%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Camp Verde, AZ10,96587-13%
Cottonwood city, AZ11,35888-12%
Lake Montezuma, AZ5,59488-12%
Verde Village, AZ12,73991-9%
Dewey-Humboldt, AZ3,91392-8%
Cottonwood, AZ18573-27%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Everton, AR18580-20%
Monument, PA18577-23%
Dwight, NE18581-19%
Dixie, WV18577-23%
Tenstrike, MN18591-9%
Cottonwood, AZ18573-27%
Source: The Cottonwood, AZ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.