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Florence, AZ Cost of Living

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11%
Overall NAT. AVG.
6%
Goods & Services NAT. AVG.
33%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; 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 Florence Arizona National
Cost of living89101100
Goods & Services94105100
Groceries99104100
Health care9398100
Housing6797100
Transportation10397100
Utilities106103100

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Key findings

  • The cost of living in Florence is 12% lower than the Arizona average
  • The cost of living in Florence is 11% lower than the national average
  • Florence housing is 33% lower than the national average
  • Arizona general sales tax is 10% higher than the national average
  • Arizona state income tax is 5% higher than the national average

Most Affordable Places to Live in and Around Florence

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Compare Florence, AZ Cost of Living

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      The best places in Arizona

      Here are the best places to live in ArizonaCheck out the 10 safest cities in ArizonaTop 10 cities in Arizona with the best education systemSee the best places to live in & around Florence

      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$53,922$4,494$1,258$1,618
      Renters$30,156$2,513$704$905
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Florence, AZ, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Florence homeowners, is $53,922. This would allow for a maximum of $1,258 per month to be spent on housing costs. For renters, the median monthly income is $30,156 which would result in a maximum of $704 to be spent on rental costs.

      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 2.59% 4.5%

      Goods & Services

      Item Florence National avg. Difference
      Haircut $18.00$20.2711.2%
      Beauty Salon $40.00$40.391.0%
      Toothpaste $2.19$2.367.3%
      Shampoo $0.90$1.0816.4%
      Movie $10.16$10.997.5%
      Bowling $17.67$15.4914.0%

      Groceries

      Item Florence National avg. Difference
      Ground Beef $4.61$4.307.4%
      Fried Chicken $1.61$1.4015.3%
      Milk $1.82$2.2017.2%
      Potatoes $2.97$3.227.7%
      Pizza $10.91$10.741.5%
      Beer $9.51$9.600.9%

      Health Care

      Item Florence National avg. Difference
      Optometrist $111.72$109.731.8%
      Doctor $99.00$118.3416.3%
      Dentist $92.00$100.948.9%
      Ibuprofen $9.52$9.934.1%
      Lipitor $471.11$469.530.3%

      Housing

      Item Florence National avg. Difference
      Home Price $112,100.00$184,700.0039.3%
      Avg. Mortgage Payment $1,314.22$1,229.626.9%
      Apartment Rent $782.00$949.0017.6%

      Transportation

      Item Florence National avg. Difference
      Gasoline $2.88$2.716.1%
      Tire Balancing $50.67$51.862.3%

      Utilities

      Item Florence National avg. Difference
      All Electricity $192.55$170.8412.7%
      Phone $181.87$187.182.8%
      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.
      Cactus Forest, AZ8028316.8%
      Coolidge, AZ12,0738515.1%
      Blackwater, AZ1,462928.3%
      San Tan Valley, AZ88,507981.9%
      Queen Creek, AZ30,84911312.6%
      Florence, AZ26,2218911.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Eagle Mountain, UT26,2191087.6%
      North Tustin, CA26,20818888.2%
      Mount Pleasant, WI26,237955.0%
      West Linn, OR26,24213636.0%
      Kingsville, TX26,1778614.1%
      Florence, AZ26,2218911.3%
      Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.
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