Cost of Living in Cave Creek, AZ

Get 300+ Local Insights for Any Address in Cave Creek, AZ

Get Access to 300+ Local Data Points
F
31%
Overall NAT. AVG.
6%
Goods & Services NAT. AVG.
83%
Housing NAT. AVG.
Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Cave Creek Arizona National
Cost of living131101100
Goods & Services106105100
Groceries103102100
Health care7993100
Housing18396100
Transportation107102100
Utilities139104100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Cave Creek, AZ

property for sale

6646 E Calle de las Estrellas

Cave Creek, AZ
property for sale

35414 N Palo Verde Way

Cave Creek, AZ
property for sale

5731 E Windstone Trl

Cave Creek, AZ
property for sale

5938 E Windstone Trl

Cave Creek, AZ

Cost Of Living Quick Facts

  • The cost of living in Cave Creek is 30% higher than the Arizona average
  • The cost of living in Cave Creek is 31% higher than the national average
  • Cave Creek housing is 83% higher than the national average
  • Arizona general sales tax is 10% higher than the national average
  • Arizona state income tax is 4% lower than the national average

Most Affordable Places to Live in and Around Cave Creek

See all the best places to live around Cave Creek

Compare Cave Creek, AZ Cost of Living

City Image
    City Default Image
      vs
      Compare Neighborhoods & Addresses Local Insights Report

      Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

      Local Insights Report
      How would you rate the cost of living in Cave Creek?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Cave Creek?
      Write a review to give others more information about this area.
      See all Cave Creek poll results

      The best places in Arizona

      Here are the best places to live in ArizonaThese are the 10 cheapest cities in ArizonaCheck out the 10 safest cities in ArizonaCheck out the 10 most dangerous cities in Arizona
      Best Places in Arizona

      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

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$0$0$0$0
      Renters$74,592$6,216$1,740$2,238
      A good indicator of the general affordability of housing in Cave Creek, AZ, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Cave Creek, the median monthly income is $0 for those who own their own homes. Under the standard rule, that income level would allow for $0 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $74,592, per the median income in the area. That would allow for renters to spend up to $1,740 on monthly rental expenses.

      Arizona Sales Tax

      State General Sales Tax With Max Surtax
      Arizona 5.6% 10.725%

      Arizona Income Tax

      State Income Tax (Low) Income Tax (High)
      Arizona 2.5% 2.5%

      Goods & Services

      Item Cave Creek National avg. Difference
      Haircut $30.35$27.629.9%
      Beauty Salon $52.19$51.112.1%
      Toothpaste $4.00$4.092.3%
      Shampoo $1.58$1.542.5%
      Movie $12.38$12.883.9%
      Yoga $30.00$19.6652.6%

      Groceries

      Item Cave Creek National avg. Difference
      Ground Beef $7.64$7.700.8%
      Fried Chicken $1.48$1.6611.0%
      Milk $4.87$4.732.9%
      Potatoes $4.72$5.2610.2%
      Pizza $13.72$12.767.5%
      Beer $11.40$10.558.1%

      Health Care

      Item Cave Creek National avg. Difference
      Optometrist $128.39$140.068.3%
      Doctor $119.44$153.8222.3%
      Dentist $104.45$123.1515.2%
      Ibuprofen $11.93$11.731.7%
      Lipitor $13.17$23.6144.2%

      Housing

      Item Cave Creek National avg. Difference
      Home Price $656,774.00$326,622.00101.1%
      Avg. Mortgage Payment $2,144.43$2,480.2513.5%
      Apartment Rent $2,030.00$1,444.0040.6%

      Transportation

      Item Cave Creek National avg. Difference
      Gasoline $3.18$3.064.0%
      Tire Balancing $75.23$65.2115.4%

      Utilities

      Item Cave Creek National avg. Difference
      All Electricity $361.42$220.1264.2%
      Phone $190.07$195.712.9%
      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 Population Cost of Living Index National Avg.
      Deer Creek, AZ189990.5%
      Anthem, AZ24,32013433.9%
      New River, AZ16,85713938.7%
      Carefree, AZ3,99217271.5%
      Cave Creek, AZ5,98913131.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Centerport, NY5,98917676.1%
      Dickson City, PA5,989955.1%
      Pontiac, QC5,989n/a 
      Linglestown, PA5,9901088.0%
      White City, UT5,99011414.1%
      Cave Creek, AZ5,98913131.0%
      Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026