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

27%

Overall NAT. AVG.

0%

Groceries NAT. AVG.

83%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Cave Creek	Arizona	National
Cost of living	127	101	100
Groceries	100	101	100
Health care	102	101	100
Housing	183	96	100
Transportation	106	102	100
Utilities	111	111	100
Lifestyle & Entertainment	107	103	100
Household Items	102	101	100
Education & Childcare	100	103	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Homes For Sale In Cave Creek, AZ

5835 E Lone Mountain Rd N

Cave Creek, AZ

5651 E Villa Cassandra Way

Carefree, AZ

20 Almarte Cir

Carefree, AZ

29817 N 41st Pl

Cave Creek, AZ

Cost Of Living Quick Facts

The cost of living in Cave Creek is 26% higher than the Arizona average
The cost of living in Cave Creek is 27% 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

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 Arizona

These are the 10 cheapest cities in Arizona

Check out the 10 most dangerous cities in Arizona

Safest States In The US

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare 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%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Deer Creek, AZ	189	96	4.2%
Anthem, AZ	24,320	130	29.6%
New River, AZ	16,857	134	34.3%
Carefree, AZ	3,992	173	72.6%
Cave Creek, AZ	5,989	127	27.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Centerport, NY	5,989	170	70.5%
Dickson City, PA	5,989	94	5.7%
Pontiac, QC	5,989	n/a
Linglestown, PA	5,990	104	3.8%
White City, UT	5,990	117	16.9%
Cave Creek, AZ	5,989	127	27.4%