Village of Oak Creek (Big Park) 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.
IndexVillage of Oak Creek (Big Park)ArizonaNational
Cost of living index12597100
IndexVillage of Oak Creek (Big Park)ArizonaNational
Goods & Services index9297100
Groceries index9398100
Health care index95100100
Housing index19994100
Transportation index10099100
Utilities index9599100
Displayed above is a general overview of the Village of Oak Creek (Big Park), AZ cost of living index. The overall cost of living index in Village of Oak Creek (Big Park), AZ is 125, which is 30% higher than the Arizona average and 25% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Village of Oak Creek (Big Park), AZ are 5% lower than the Arizona average and 8% lower than the national average.

Did you know?

  • The cost of living in Village of Oak Creek (Big Park) is 30% higher than the Arizona average.
  • The cost of living in Village of Oak Creek (Big Park) is 25% higher than the national average.
  • The cost of housing in Village of Oak Creek (Big Park) is 99% 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 Village of Oak Creek (Big Park), AZ Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Health care index
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Using the salary calculator lets you compare the salary you earn in Village of Oak Creek (Big Park), AZ to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Village of Oak Creek (Big Park), AZ, you have to earn a higher income in order to still have the same standard of living. To operate the Village of Oak Creek (Big Park), AZ salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$67,420$5,618$1,573$2,023
Renters$37,728$3,144$880$1,132
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Village of Oak Creek (Big Park), AZ, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Village of Oak Creek (Big Park), AZ homeowners have a median income of $67,420. Using that number, you will come up with a maximum of $1,573 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $37,728, which means there is a maximum of $880 to be spent on the costs of renting a home or apartment.

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%
The Arizona sales tax and Arizona income tax rates should definitely be considered when determining the overall cost of living in Village of Oak Creek (Big Park), AZ. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Arizona sales tax is 5.6% and the maximum surtax is 10.725%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Arizona income tax rates range from 2.59% to 4.54%.

Goods & Services

ItemVillage of Oak Creek (Big Park)National avg.Difference
Haircut $13.17$14.599.8%
Beauty Salon $26.66$34.6823.1%
Toothpaste $2.03$2.4717.9%
Shampoo $0.96$1.026.1%
Movie $8.50$9.8713.9%
Bowling $3.25$4.3926.0%

Groceries

ItemVillage of Oak Creek (Big Park)National avg.Difference
Ground Beef $4.10$4.488.4%
Fried Chicken $1.54$1.465.2%
Milk $1.67$2.3629.1%
Potatoes $3.49$3.0614.0%
Pizza $8.00$9.2413.4%
Beer $8.04$8.636.9%

Health Care

ItemVillage of Oak Creek (Big Park)National avg.Difference
Optometrist $97.80$99.782.0%
Doctor $96.20$105.038.4%
Dentist $85.75$88.703.3%
Ibuprofen $8.61$9.418.5%
Lipitor $288.75$298.503.3%

Housing

ItemVillage of Oak Creek (Big Park)National avg.Difference
Home Price $403,400.00$175,700.00129.6%
Avg. Mortgage Payment $1,112.00$1,081.032.9%
Apartment Rent $1,172.00$920.0027.4%

Transportation

ItemVillage of Oak Creek (Big Park)National avg.Difference
Gasoline $2.18$2.094.3%
Tire Balancing $39.20$45.2913.4%

Utilities

ItemVillage of Oak Creek (Big Park)National avg.Difference
All Electricity$169.27$170.800.9%
Phone $25.39$28.2610.1%
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.
Cottonwood, AZ18575-25%
Camp Verde, AZ10,96588-12%
Cottonwood city, AZ11,35889-11%
Lake Montezuma, AZ5,59489-11%
Verde Village, AZ12,73992-8%
Village of Oak Creek (Big Park), AZ6,34112525%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Columbiana, OH6,34183-17%
Hampstead, MD6,3421055%
Jackson, OH6,34383-17%
Margate City, NJ6,34315050%
Red Lion, PA6,34395-5%
Village of Oak Creek (Big Park), AZ6,34112525%
Source: The Village of Oak Creek (Big Park), AZ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.