Follow

Gilbert, AZ Cost of Living

Gilbert 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.
IndexGilbertArizonaNational
Cost of living index10998100
IndexGilbertArizonaNational
Goods & Services index9498100
Groceries index97101100
Health care index9897100
Housing index14297100
Transportation index92100100
Utilities index9699100
The above illustration supplies generalized information for the Gilbert, AZ cost of living index. Compared to other cities in Arizona and cities across the country, the cost of living index in Gilbert, AZ is 109, which is 11% higher than the Arizona average and 9% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Gilbert, AZ are 4% lower than the average for Arizona and 6% lower than the rest of the country.
For Sale
For Rent

Find real estate listings

Find rental listings

How would you rate the cost of living in Gilbert?View resultsWrite a review to give others more information about this area.
Is the cost of living increasing or decreasing in Gilbert?View resultsWrite a review to give others more information about this area.

Did you know?

  • The cost of living in Gilbert is 11% higher than the Arizona average.
  • The cost of living in Gilbert is 9% higher than the national average.
  • The cost of housing in Gilbert is 42% 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.

The best places in Arizona

Here are the best places to live in Arizona
Top 10 cities in Arizona with the best education system
10 best cities to buy a new house in Arizona
Top 10 best public schools in Gilbert

Compare Gilbert, AZ Cost of living To Other Cities

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
Using the salary calculator lets you compare the salary you earn in Gilbert, 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 Gilbert, AZ, you have to earn a higher income in order to still have the same standard of living. To operate the Gilbert, 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$98,611$8,218$2,301$2,959
Renters$59,121$4,927$1,379$1,774
The affordability of the housing market in Gilbert, AZ as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Gilbert, AZ homeowners, the median income is $98,611. This indicates that a monthly maximum of $2,301 should be spent by homeowners on all housing related costs. Renters have a median income of $59,121. This indicates that renters should have a maximum of $1,379 used for their rent related monthly costs.

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%
When assessing the complete cost of living in Gilbert, AZ, the Arizona income tax and the Arizona sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Arizona maximum surtax is 10.725%, and the Arizona sales tax is 5.6%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 2.59% to 4.54% in Arizona.

Goods & Services

ItemGilbertNational avg.Difference
Haircut $14.92$16.097.3%
Beauty Salon $35.00$37.336.2%
Toothpaste $2.33$2.454.9%
Shampoo $0.99$1.001.1%
Movie $9.55$10.287.1%
Bowling $8.01$4.9362.4%

Groceries

ItemGilbertNational avg.Difference
Ground Beef $3.06$3.8019.5%
Fried Chicken $1.52$1.408.8%
Milk $1.49$2.0125.6%
Potatoes $2.71$3.019.9%
Pizza $10.99$9.8911.2%
Beer $8.70$8.902.3%

Health Care

ItemGilbertNational avg.Difference
Optometrist $72.44$102.1629.1%
Doctor $99.17$108.368.5%
Dentist $99.17$92.537.2%
Ibuprofen $7.25$9.2821.9%
Lipitor $449.51$425.825.6%

Housing

ItemGilbertNational avg.Difference
Home Price $264,700.00$184,700.0043.3%
Avg. Mortgage Payment $1,140.12$1,202.445.2%
Apartment Rent $1,315.00$949.0038.6%

Transportation

ItemGilbertNational avg.Difference
Gasoline $2.12$2.245.5%
Tire Balancing $39.99$46.2913.6%

Utilities

ItemGilbertNational avg.Difference
All Electricity$197.60$165.9619.1%
Phone $19.99$28.6830.3%
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.
Wet Camp Village, AZ38174-26%
Stotonic Village, AZ41174-26%
Lower Santan Village, AZ60475-25%
Guadalupe, AZ6,17282-18%
Maricopa Colony, AZ1,02783-17%
Gilbert, AZ226,8321099%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Arlington, VA226,09216565%
Fremont, CA227,93418383%
Baton Rouge, LA228,69495-5%
Paradise, NV229,66697-3%
North Las Vegas, NV230,43699-1%
Gilbert, AZ226,8321099%
Source: The Gilbert, AZ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.
Are you looking to buy or sell?
What style of home are you
What is your
$100K$250K$500K$750K$1M+
When are you looking to
ASAP1-3 mos.3-6 mos.6-9 mos.1 yr+
Connect with top real estate agents
By submitting this form, you consent to receive text messages, emails, and/or calls (may be recorded; and may be direct, autodialed or use pre-recorded/artificial voices even if on the Do Not Call list) from AreaVibes or our partner real estate professionals and their network of service providers, about your inquiry or the home purchase/rental process. Messaging and/or data rates may apply. Consent is not a requirement or condition to receive real estate services. You hereby further confirm that checking this box creates an electronic signature with the same effect as a handwritten signature.
Tools
General
Follow Us
© AreaVibes Inc. 2010-2019