Goodyear, AZ Cost Of Living
Cost Of Living In Goodyear, AZ Summary
Cost of living in Goodyear 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 Goodyear 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 Goodyear is 105, with 100 being the average.
The cost of living index in Goodyear is 1.1x higher than the national average.
Goodyear ranks as the #66 cheapest in Arizona out of 94.
Goodyear ranks as the #3,676 cheapest out of 6,412 in the US.
The median home value in Goodyear is $333,900.
The median income in Goodyear is $91,073.
Table Of Contents
Goodyear's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Goodyear, AZ?
According to the most recent data on the cost of living, Goodyear has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to Arizona, Goodyear has a cost of living index that's 1.0x lower than Arizona's index of 107.
The standard of living in Goodyear ranks as #66 most affordable out of the 94 places we measured in Arizona. By definition, that implies Goodyear ranks as the #28 most expensive place in the Grand Canyon State.
For more reading on life in Goodyear, check out:
- Living In Goodyear
- Goodyear Crime Report
- Search Homes For Sale In Goodyear, AZ
In Arizona
In America
Goodyear Cost Of Living Vs. Arizona
Six factors go into calculating the cost of living index in Goodyear. Here is how it fairs on each of the criteria:
The Services index in Goodyear is 85.
The Groceries index in Goodyear is 95.
The Health index in Goodyear is 77.
The Housing index in Goodyear is 127.
The Transportation index in Goodyear is 110.
The Utilities index in Goodyear is 132.
| Living Expense | Goodyear | Arizona | National Average | |
|---|---|---|---|---|
| Overall | 105 | 107 | 100 | |
| Services | 85 | 102 | 100 | |
| Groceries | 95 | 101 | 100 | |
| Health | 77 | 94 | 100 | |
| Housing | 127 | 121 | 100 | |
| Transportation | 110 | 105 | 100 | |
| Utilities | 132 | 97 | 100 | |
Goodyear, 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 2017-2021. The key points are:
The Median Home Value in Goodyear is $333,900.
The Median Rent in Goodyear is $1,566.
The Median Income in Goodyear is $91,073.
The Home Value To Income in Goodyear is 3.7x.
The Rent To Monthly Income in Goodyear is 0.21x.
| Statistic | Goodyear | Arizona | United States |
|---|---|---|---|
| Median Home Value | $333,900 | $265,600 | $244,900 |
| Median Rent | $1,566 | $1,172 | $1,163 |
| Median Income | $91,073 | $65,913 | $69,021 |
| Home Value To Income | 3.7x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Goodyear, AZ Costs By Category
Detailed Goodyear Services Costs Vs. Arizona
Detailed Goodyear Groceries Costs Vs. Arizona
Detailed Goodyear Health Costs Vs. Arizona
Detailed Goodyear Transportation Costs Vs. Arizona
Detailed Goodyear Utilities Costs Vs. Arizona
Goodyear SnackAbility
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Cost Of Living In Cities Around Goodyear
The cost of living varies in the cities and towns around Goodyear. Here's a quick look at the cost of living in the most populous nearby places:
Chandler, AZ has a cost of living index of 107, 1.0x Goodyear.
Gilbert, AZ has a cost of living index of 113, 1.1x Goodyear.
Scottsdale, AZ has a cost of living index of 128, 1.2x Goodyear.
| City | Population | Cost Of Living | Vs. Goodyear |
|---|---|---|---|
| Chandler, AZ | 272,439 | 107 | 1.0x |
| Gilbert, AZ | 262,249 | 113 | 1.1x |
| Scottsdale, AZ | 238,685 | 128 | 1.2x |
| Peoria, AZ | 187,733 | 101 | 1.0x |
| Avondale, AZ | 88,065 | 95 | 0.9x |
| Santa Cruz, CA | 62,714 | 186 | 1.8x |
| Queen Creek, AZ | 57,728 | 112 | 1.1x |
| Fountain Hills, AZ | 23,639 | 124 | 1.2x |
| New River, AZ | 17,731 | 115 | 1.1x |
| Sun Lakes, AZ | 13,912 | 109 | 1.0x |
