An overview of the general cost of living index for New River, AZ is displayed above for your reference. Residents in New River, AZ enjoy a cost of living index of 117. This index is 19% higher than the Arizona average, and 17% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in New River, AZ, the average cost of goods and services is equal to it is in Arizona, and it is 2% lower than the national average.