Gold Canyon 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.
IndexGold CanyonArizonaNational
Cost of living index11099100
IndexGold CanyonArizonaNational
Goods & Services index9198100
Groceries index10099100
Health care index8998100
Housing index14297100
Transportation index100104100
Utilities index107103100
The above illustration supplies generalized information for the Gold Canyon, AZ cost of living index. Compared to other cities in Arizona and cities across the country, the cost of living index in Gold Canyon, AZ is 110, which is 11% higher than the Arizona average and 10% 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 Gold Canyon, AZ are 7% lower than the average for Arizona and 9% lower than the rest of the country.

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Did you know?

  • The cost of living in Gold Canyon is 11% higher than the Arizona average.
  • The cost of living in Gold Canyon is 10% higher than the national average.
  • The cost of housing in Gold Canyon 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.

Compare Gold Canyon, 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
The salary calculator is used in order to provide a comparison of your current salary in Gold Canyon, AZ to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Gold Canyon, AZ, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Gold Canyon, AZ salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Gold Canyon, AZ, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Gold Canyon, AZ homeowners have a median income of $68,695. Using that number, you will come up with a maximum of $1,603 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $58,182, which means there is a maximum of $1,357 to be spent on the costs of renting a home or apartment.

Arizona Sales Tax

StateGeneral Sales TaxWith Max Surtax

Arizona Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in Gold Canyon, AZ is the Arizona sales tax and Arizona income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Arizona sales tax rate is 5.6% and the maximum surtax that can be charged is 10.725%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Arizona income tax rates range from 2.59% to 4.54%.

Goods & Services

ItemGold CanyonNational avg.Difference
Haircut $15.10$17.4913.7%
Beauty Salon $42.88$38.1712.3%
Toothpaste $1.38$2.3240.5%
Shampoo $1.04$1.012.8%
Movie $8.63$10.7219.5%
Bowling $17.00$13.8622.6%


ItemGold CanyonNational avg.Difference
Ground Beef $3.40$3.9012.8%
Fried Chicken $1.61$1.4015.4%
Milk $1.57$1.9620.0%
Potatoes $3.06$3.183.9%
Pizza $10.99$10.395.7%
Beer $8.98$9.232.7%

Health Care

ItemGold CanyonNational avg.Difference
Optometrist $96.00$106.349.7%
Doctor $99.00$115.2514.1%
Dentist $88.00$98.3810.6%
Ibuprofen $7.49$9.2619.1%
Lipitor $457.00$466.472.0%


ItemGold CanyonNational avg.Difference
Home Price $261,300.00$184,700.0041.5%
Avg. Mortgage Payment $1,278.09$1,273.320.4%
Apartment Rent $1,347.00$949.0041.9%


ItemGold CanyonNational avg.Difference
Gasoline $2.69$2.593.8%
Tire Balancing $47.50$48.902.9%


ItemGold CanyonNational avg.Difference
All Electricity$192.64$167.6014.9%
Phone $175.65$163.427.5%
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.
Apache Junction, AZ37,77585-15%
Queen Valley, AZ71290-10%
San Tan Valley, AZ88,50797-3%
Queen Creek, AZ30,84911111%
Gold Canyon, AZ9,61611010%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Safford, AZ9,61694-6%
Girard, OH9,61584-16%
Chevy Chase, MD9,618202102%
Fort Oglethorpe, GA9,61387-13%
Conning Towers Nautilus Park, CT9,60612121%
Gold Canyon, AZ9,61611010%
Source: The Gold Canyon, AZ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.
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