What is the cost of living in Florence, AZ?
According to the most recent data on the cost of living, Florence has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to Arizona, Florence has a cost of living index that's 1.0x higher than Arizona's index of 100.
The standard of living in Florence ranks as #40 most affordable out of the 91 places we measured in Arizona. By definition, that implies Florence ranks as the #51 most expensive place in the Grand Canyon State.
For more reading on life in Florence, check out:
Florence Cost Of Living Vs. Arizona
Six factors go into calculating the cost of living index in Florence. Here is how it fares on each of the criteria:
The Services index in Florence is 103.
The Groceries index in Florence is 102.
The Health index in Florence is 101.
The Housing index in Florence is 102.
The Transportation index in Florence is 112.
The Utilities index in Florence is 106.
| Living Expense | Florence | Arizona | National Average |
|---|---|---|---|
| Overall | 104 | 100 | 100 |
| Services | 103 | 99 | 100 |
| Groceries | 102 | 99 | 100 |
| Health | 101 | 97 | 100 |
| Housing | 102 | 104 | 100 |
| Transportation | 112 | 113 | 100 |
| Utilities | 106 | 104 | 100 |
Florence Cost Of Living Compared To Arizona Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Arizona, check out:
Protect your home budget Compare home warranties in Florence Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Florence, 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 2020-2024. The key points are:
The Median Home Value in Florence is $333,592.
The Median Rent in Florence is $1,302.
The Median Income in Florence is $79,644.
The Home Value To Income in Florence is 4.2x.
The Rent To Monthly Income in Florence is 0.2x.
Florence, AZ Costs By Category
Detailed Florence Services costs vs. Arizona
Detailed Florence Groceries costs vs. Arizona
Detailed Florence Health costs vs. Arizona
Detailed Florence Transportation costs vs. Arizona
Florence SnackAbility
Cost Of Living In Cities Around Florence
The cost of living varies in the cities and towns around Florence. Here's a quick look at the cost of living in the most populous nearby places:
Gilbert, AZ has a cost of living index of 129, 1.2x Florence.
Chandler, AZ has a cost of living index of 125, 1.2x Florence.
Scottsdale, AZ has a cost of living index of 144, 1.4x Florence.
| City | Population | Cost Of Living | Vs. Florence |
|---|---|---|---|
| Gilbert, AZ | 280,262 | 129 | 1.2x |
| Chandler, AZ | 280,136 | 125 | 1.2x |
| Scottsdale, AZ | 243,821 | 144 | 1.4x |
| Tempe, AZ | 188,065 | 117 | 1.1x |
| San Tan Valley, AZ | 109,189 | 113 | 1.1x |
| Queen Creek, AZ | 71,867 | 132 | 1.3x |
| Santa Cruz, CA | 61,607 | 206 | 2.0x |
| Marana, AZ | 56,938 | 118 | 1.1x |
| Fountain Hills, AZ | 23,789 | 134 | 1.3x |
| Coolidge, AZ | 16,636 | 95 | 0.9x |
