Pinetop-Lakeside 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.
IndexPinetop-LakesideArizonaNational
Cost of living index9897100
IndexPinetop-LakesideArizonaNational
Goods & Services index9297100
Groceries index10198100
Health care index97100100
Housing index10794100
Transportation index9499100
Utilities index9399100
A general summary of the cost of living index in Pinetop-Lakeside, AZ is shown above. Compared to the state average of Arizona the cost of living index in Pinetop-Lakeside, AZ is 98, which is 1% higher than the average in Arizona and compared to the national average it is 2% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Pinetop-Lakeside, AZ goods and services come in at 5% lower than the average in Arizona and are 8% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Pinetop-Lakeside is 1% higher than the Arizona average.
  • The cost of living in Pinetop-Lakeside is 2% lower than the national average.
  • The cost of housing in Pinetop-Lakeside is 7% 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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Compare Pinetop-Lakeside, AZ Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Goods & Services index
Groceries index
Health care index
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The salary calculator is used in order to provide a comparison of your current salary in Pinetop-Lakeside, 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 Pinetop-Lakeside, AZ, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Pinetop-Lakeside, 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)
Owners$66,434$5,536$1,550$1,993
Renters$28,702$2,392$670$861
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 Pinetop-Lakeside, 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. Pinetop-Lakeside, AZ has a median income of about $66,434 for people who own homes. Based on that number, a person should spend a maximum of $1,550 on expenses related to housing. Renters have a slightly different median income, which is $28,702. Based on this average, renters should spend no more than $670 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 Pinetop-Lakeside, 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

ItemPinetop-LakesideNational 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

ItemPinetop-LakesideNational 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

ItemPinetop-LakesideNational 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

ItemPinetop-LakesideNational avg.Difference
Home Price $203,300.00$175,700.0015.7%
Avg. Mortgage Payment $997.22$1,081.037.8%
Apartment Rent $812.00$920.0011.7%

Transportation

ItemPinetop-LakesideNational avg.Difference
Gasoline $2.00$2.094.6%
Tire Balancing $40.00$45.2911.7%

Utilities

ItemPinetop-LakesideNational 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.
North Fork, AZ1,76381-19%
Hondah, AZ1,02082-18%
White Mountain Lake, AZ1,91685-15%
Show Low, AZ10,75488-12%
McNary, AZ56090-10%
Pinetop-Lakeside, AZ4,29798-2%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Madeira Beach, FL4,29711818%
Empire, CA4,29696-4%
Barrow, AK4,29613333%
Highlands-Baywood Park, CA4,298221121%
Florence, NJ4,29811414%
Pinetop-Lakeside, AZ4,29798-2%
Source: The Pinetop-Lakeside, AZ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.