Cottonwood, AZ Cost Of Living
Cost Of Living In Cottonwood, AZ Summary
Cost of living in Cottonwood research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Cottonwood is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Arizona, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Cottonwood is 103, with 100 being the average.
The cost of living index in Cottonwood is 1.0x higher than the national average.
Cottonwood ranks as the #37 cheapest in Arizona out of 92.
Cottonwood ranks as the #2,952 cheapest out of 6,489 in the US.
The median home value in Cottonwood is $392,634.
The median income in Cottonwood is $47,162.
Table Of Contents
Cottonwood's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Cottonwood, AZ?
According to the most recent data on the cost of living, Cottonwood has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Arizona, Cottonwood has a cost of living index that's 1.0x higher than Arizona's index of 102.
The standard of living in Cottonwood ranks as #37 most affordable out of the 92 places we measured in Arizona. By definition, that implies Cottonwood ranks as the #55 most expensive place in the Grand Canyon State.
For more reading on life in Cottonwood, check out:
In Arizona
In America
Cottonwood Cost Of Living Vs. Arizona
Six factors go into calculating the cost of living index in Cottonwood. Here is how it fairs on each of the criteria:
The Services index in Cottonwood is 113.
The Groceries index in Cottonwood is 105.
The Health index in Cottonwood is 87.
The Housing index in Cottonwood is 104.
The Transportation index in Cottonwood is 106.
The Utilities index in Cottonwood is 86.
| Living Expense | Cottonwood | Arizona | National Average | |
|---|---|---|---|---|
| Overall | 103 | 102 | 100 | |
| Services | 113 | 102 | 100 | |
| Groceries | 105 | 103 | 100 | |
| Health | 87 | 95 | 100 | |
| Housing | 104 | 99 | 100 | |
| Transportation | 106 | 107 | 100 | |
| Utilities | 86 | 96 | 100 | |
Cottonwood, AZ Housing Cost Breakdown
Housing swings affordability the most between places in Arizona, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Cottonwood is $392,634.
The Median Rent in Cottonwood is $1,080.
The Median Income in Cottonwood is $47,162.
The Home Value To Income in Cottonwood is 8.3x.
The Rent To Monthly Income in Cottonwood is 0.27x.
| Statistic | Cottonwood | Arizona | United States |
|---|---|---|---|
| Median Home Value | $392,634 | $422,479 | $303,400 |
| Median Rent | $1,080 | $1,431 | $1,348 |
| Median Income | $47,162 | $76,872 | $78,538 |
| Home Value To Income | 8.3x | 5.5x | 3.9x |
| Rent To Monthly Income | 0.27x | 0.22x | 0.21x |
Median Home Value
Median Rent
Median Income
Cottonwood, AZ Costs By Category
Detailed Cottonwood Services Costs Vs. Arizona
| Item | Cottonwood | Arizona |
|---|---|---|
| Shampoo | $1.33 | $1.28 |
| Movie | $11.7 | $12.13 |
| Bowling | $26.78 | $18 |
| Haircut | $22.83 | $24.26 |
| Beauty Salon | $38.8 | $45.56 |
Detailed Cottonwood Groceries Costs Vs. Arizona
| Item | Cottonwood | Arizona |
|---|---|---|
| Ground Beef | $5.21 | $5.84 |
| Fried Chicken | $1.73 | $1.57 |
| Milk | $4.78 | $4.67 |
| Potatoes | $4.05 | $4.93 |
| Pizza | $13.22 | $12.09 |
| Beer | $11.51 | $10.41 |
| Toothpaste | $3.54 | $3.7 |
Detailed Cottonwood Health Costs Vs. Arizona
| Item | Cottonwood | Arizona |
|---|---|---|
| Optometrist | $83.94 | $125.68 |
| Doctor | $96.11 | $135.78 |
| Dentist | $104.95 | $113.29 |
Detailed Cottonwood Transportation Costs Vs. Arizona
| Item | Cottonwood | Arizona |
|---|---|---|
| Gasoline | $3.58 | $3.46 |
| Tire Balancing | $45.24 | $59.92 |
Detailed Cottonwood Utilities Costs Vs. Arizona
| Item | Cottonwood | Arizona |
|---|---|---|
| All Electricity | $272.57 | $193.99 |
| Phone | $184.69 | $192.25 |
Cottonwood SnackAbility
/10
