Goodyear 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.
IndexGoodyearArizonaNational
Cost of living index10097100
IndexGoodyearArizonaNational
Goods & Services index9297100
Groceries index10198100
Health care index97100100
Housing index11594100
Transportation index9499100
Utilities index9399100
The above illustration supplies generalized information for the Goodyear, AZ cost of living index. Compared to other cities in Arizona and cities across the country, the cost of living index in Goodyear, AZ is 100, which is 4% higher than the Arizona average and equal to 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 Goodyear, AZ are 5% lower than the average for Arizona and 8% lower than the rest of the country.

Did you know?

  • The cost of living in Goodyear is 4% higher than the Arizona average.
  • The cost of living in Goodyear is equal to the national average.
  • The cost of housing in Goodyear is 15% higher 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.

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Salary Calculator

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Use the salary calculator to compare your current income in Goodyear, AZ to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Goodyear, AZ, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Goodyear, AZ salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$80,385$6,699$1,876$2,412
Renters$50,054$4,171$1,168$1,502
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 Goodyear, 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. Goodyear, AZ has a median income of about $80,385 for people who own homes. Based on that number, a person should spend a maximum of $1,876 on expenses related to housing. Renters have a slightly different median income, which is $50,054. Based on this average, renters should spend no more than $1,168 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
Arizona5.6%10.725%

Arizona Income Tax

StateIncome Tax (Low)Income Tax (High)
Arizona2.59%4.54%
When assessing the complete cost of living in Goodyear, AZ, the Arizona income tax and the Arizona sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Arizona maximum surtax is 10.725%, and the Arizona sales tax is 5.6%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 2.59% to 4.54% in Arizona.

Goods & Services

ItemGoodyearNational avg.Difference
Haircut $13.00$14.5910.9%
Beauty Salon $25.00$34.6827.9%
Toothpaste $1.69$2.4731.7%
Shampoo $0.98$1.024.1%
Movie $9.50$9.873.7%
Bowling $4.50$4.392.5%

Groceries

ItemGoodyearNational avg.Difference
Ground Beef $4.64$4.483.6%
Fried Chicken $1.92$1.4631.1%
Milk $1.94$2.3617.7%
Potatoes $3.41$3.0611.4%
Pizza $10.00$9.248.2%
Beer $8.07$8.636.5%

Health Care

ItemGoodyearNational avg.Difference
Optometrist $84.00$99.7815.8%
Doctor $100.00$105.034.8%
Dentist $100.00$88.7012.7%
Ibuprofen $7.99$9.4115.1%
Lipitor $248.90$298.5016.6%

Housing

ItemGoodyearNational avg.Difference
Home Price $192,500.00$175,700.009.6%
Avg. Mortgage Payment $997.22$1,081.037.8%
Apartment Rent $1,183.00$920.0028.6%

Transportation

ItemGoodyearNational avg.Difference
Gasoline $2.00$2.094.6%
Tire Balancing $40.00$45.2911.7%

Utilities

ItemGoodyearNational avg.Difference
All Electricity$184.52$170.808.0%
Phone $19.99$28.2629.3%
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.
Santa Cruz, AZ096-4%
Goodyear Village, AZ49676-24%
Komatke, AZ1,41881-19%
Tolleson, AZ6,70786-14%
Youngtown, AZ6,29986-14%
Goodyear, AZ70,1481000%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Rapid City, SD70,12692-8%
Loveland, CO70,0931066%
Jonesboro, AR70,21787-13%
Muncie, IN70,03575-25%
Lafayette, IN69,98285-15%
Goodyear, AZ70,1481000%
Source: The Goodyear, AZ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.