| Index | Goodyear | Arizona | National |
| Cost of living | 121 | 101 | 100 |
| Groceries | 103 | 101 | 100 |
| Health care | 100 | 101 | 100 |
| Housing | 166 | 96 | 100 |
| Transportation | 103 | 102 | 100 |
| Utilities | 110 | 111 | 100 |
| Lifestyle & Entertainment | 99 | 103 | 100 |
| Household Items | 98 | 101 | 100 |
| Education & Childcare | 100 | 103 | 100 |
Getting a feel for the cost of living in Goodyear is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Goodyear is 121, which is 21% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
If you're in pursuit of an economical living environment, Goodyear may not fit the bill, as it ranks among the most expensive places to reside in the United States. Just a minority of regions exhibit a cost of living that is more than 20% higher than the national average, and, unfortunately, Goodyear falls within this bracket.
Housing costs are a very significant part of the Goodyear cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 66.1% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.
Locals have the inside scoop on their city. So, we polled 11 residents in Goodyear to learn how they view the cost of living. We asked how they felt about the cost of living in their area, and if they thought that prices were increasing, decreasing or staying the same. The verdict? 27% find it reasonable with decreasing prices, but 73% think it's quite pricey, with prices that continue to rise.
Wondering if Goodyear is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Goodyear, for example, the median home price is 72.6% higher than what folks pay nationally, and monthly rent is 50.8% higher than the usual rates. Plus, income levels matter too, with Goodyear boasting a median household income of $128,510, which is 58% higher than the national average.
Urbanization: Larger, urban centers, known for their wealth of amenities and strong employment prospects, often exhibit an elevated cost of living, primarily attributable to the heightened demand for services and residential relocation. Consequently, this scenario leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural areas or regions characterized by diminished demand typically provide a more limited array of amenities and experience slower job market growth, resulting in a more affordable cost of living.
Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In Goodyear, the groceries index registers 2.5% higher than the national average.
Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In Goodyear, the housing index is 66.1% higher than the national average.
The cost of living data for Goodyear 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 | $143,408 | $11,951 | $3,346 | $4,303 |
| Renters | $91,048 | $7,587 | $2,124 | $2,732 |
| 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. |
| Santa Cruz, AZ | 59 | 102 | 2.4% |
| Goodyear Village, AZ | 283 | 86 | 13.7% |
| Komatke, AZ | 903 | 95 | 4.9% |
| Gila Crossing, AZ | 678 | 100 | 0.0% |
| Youngtown, AZ | 7,044 | 100 | 0.4% |
| Goodyear, AZ | 85,486 | 121 | 21.2% |
| City | Population | Cost of Living Index | National Avg. |
| Chino Hills, CA | 85,412 | 177 | 76.9% |
| Sioux City, IA | 85,304 | 89 | 10.9% |
| Fort Myers, FL | 85,270 | 112 | 12.0% |
| Melbourne, FL | 85,242 | 105 | 5.2% |
| Longview, TX | 85,215 | 94 | 6.1% |
| Goodyear, AZ | 85,486 | 121 | 21.2% |
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