| Index | Drexel Heights | Arizona | National |
| Cost of living | 99 | 101 | 100 |
| Groceries | 102 | 101 | 100 |
| Health care | 102 | 101 | 100 |
| Housing | 92 | 96 | 100 |
| Transportation | 98 | 102 | 100 |
| Utilities | 109 | 111 | 100 |
| Lifestyle & Entertainment | 99 | 103 | 100 |
| Household Items | 99 | 101 | 100 |
| Education & Childcare | 105 | 103 | 100 |
Understanding the cost of living in Drexel Heights can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Drexel Heights cost of living index is 99, which is 1% lower than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.
The cost of living in Drexel Heights is about average when compared to all other cities across the nation. You can expect that everyday items like food, household expenses and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.
Is Drexel Heights affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Drexel Heights, the median home price is 17.6% lower than the national average and monthly rent prices are 12.8% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Drexel Heights boasting a median household income of $86,060, 5.8% higher than the national average.
Taxes: Cities that enforce higher taxes, covering both sales taxes and income taxes, can be a factor contributing to a higher cost of living. Paying more in taxes for everyday essentials like clothing and food inevitably leads to higher expenses. A higher income tax rate can further contribute to an overall elevated cost of living. In Drexel Heights, the baseline sales tax rate begins at 5.6%, and income tax rates start at 2.5%.
Housing: A sought-after location with high housing demand often leads to increased property values and rental rates, which can significantly inflate the overall cost of living. Conversely, areas with low housing demand, particularly in less desirable locales, tend to experience the opposite effect, causing prices to drop and contributing to a more affordable cost of living. In Drexel Heights, the housing index stands at 8.5% lower than the national average.
Healthcare: Healthcare expenditures and insurance premium rates can vary significantly, contingent upon the particular city or state. Factors such as the accessibility of healthcare facilities, out-of-pocket expenses for doctor's appointments, dental care charges, prescription medication costs, and expenses related to specialized medical care can all have an impact on the overall cost of living. In Drexel Heights, healthcare costs are 2.1% higher than the national average.
The cost of living data for Drexel Heights shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $99,930 | $8,328 | $2,332 | $2,998 |
| Renters | $59,938 | $4,995 | $1,398 | $1,798 |
| State | General Sales Tax | With Max Surtax |
| Arizona | 5.6% | 10.725% |
| State | Income Tax (Low) | Income Tax (High) |
| Arizona | 2.5% | 2.5% |
| City | Population | Cost of Living Index | National Avg. |
| Flowing Wells, AZ | 17,890 | 85 | 15.4% |
| Summit, AZ | 5,250 | 86 | 13.8% |
| Three Points, AZ | 4,718 | 89 | 11.4% |
| Littletown, AZ | 659 | 90 | 9.7% |
| South Tucson, AZ | 5,857 | 91 | 9.3% |
| Drexel Heights, AZ | 31,405 | 99 | 1.3% |
| City | Population | Cost of Living Index | National Avg. |
| Ithaca, NY | 31,399 | 117 | 17.3% |
| Crown Point, IN | 31,396 | 101 | 1.1% |
| Cleburne, TX | 31,440 | 92 | 7.6% |
| Saint-Constant, QC | 31,461 | n/a | |
| Opelika, AL | 31,335 | 92 | 7.6% |
| Drexel Heights, AZ | 31,405 | 99 | 1.3% |
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