Paradise Valley, AZ Cost Of Living
Paradise Valley's Overall Cost Of Living
Higher Than The National Average
In Arizona
In America
What is the cost of living in Paradise Valley, AZ?
According to the most recent data on the cost of living, Paradise Valley has an overall cost of living index of 238 which is 2.4x higher than the national index of 100.
Compared to only Arizona, Paradise Valley has a cost of living index that's 2.5x higher than Arizona's index of 97.
The standard of living in Paradise Valley ranks as #6,384 most affordable out of the 6,418 places we measured in Arizona. By definition, that implies Paradise Valley ranks as the #35 most expensive place in the Grand Canyon State.
Paradise Valley Cost Of Living Vs. Arizona
| Living Expense | Paradise Valley | Arizona | National Average | |
|---|---|---|---|---|
| Overall | 238 | 97 | 100 | |
| Services | 97 | 98 | 100 | |
| Groceries | 101 | 98 | 100 | |
| Health | 88 | 98 | 100 | |
| Housing | 562 | 97 | 100 | |
| Transportation | 105 | 105 | 100 | |
| Utilities | 108 | 103 | 100 | |
Paradise Valley, AZ Housing Cost Breakdown
Housing swings affordability the most between places in Arizona, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Median Home Value
Median Rent
Median Income
| Statistic | Paradise Valley | Arizona | United States |
|---|---|---|---|
| Median Home Value | $1,663,200 | $242,000 | $229,800 |
| Median Rent | $3,151 | $1,097 | $1,096 |
| Median Income | $212,773 | $61,529 | $64,994 |
| Home Value To Income | 7.8x | 3.9x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.21x | 0.2x |
Detailed Paradise Valley Services Costs Vs. Arizona
| Item | Paradise Valley | Arizona |
|---|---|---|
| Shampoo | $0.99 | $1.06 |
| Movie | $8.84 | $10.68 |
| Bowling | $17.06 | $14.67 |
Detailed Paradise Valley Groceries Costs Vs. Arizona
| Item | Paradise Valley | Arizona |
|---|---|---|
| Ground Beef | $3.91 | $4.22 |
| Fried Chicken | $1.68 | $1.39 |
| Milk | $1.63 | $2.05 |
Detailed Paradise Valley Health Costs Vs. Arizona
| Item | Paradise Valley | Arizona |
|---|---|---|
| Haircut | $17.22 | $18.62 |
| Beauty Salon | $41.67 | $39.05 |
| Toothpaste | $1.53 | $2.34 |
Detailed Paradise Valley Transportation Costs Vs. Arizona
| Item | Paradise Valley | Arizona |
|---|---|---|
| Potatoes | $3.42 | $3.29 |
| Pizza | $10.99 | $10.62 |
| Beer | $9.58 | $9.38 |
| Optometrist | $96.17 | $108.57 |
| Doctor | $96.33 | $116.17 |
| Dentist | $89.83 | $99.13 |
Detailed Paradise Valley Utilities Costs Vs. Arizona
| Item | Paradise Valley | Arizona |
|---|---|---|
| Gasoline | $2.49 | $2.22 |
| Tire Balancing | $45.83 | $50.07 |
| All Electricity | $189.67 | $167.67 |
| Phone | $178.49 | $175.64 |
Paradise Valley SnackAbility
/10
Cost Of Living In Cities Around Paradise Valley
| City | Population | Cost Of Living | Vs. Paradise Valley |
|---|---|---|---|
| Phoenix, AZ | 1,658,422 | 96 | 0.4x |
| Mesa, AZ | 508,918 | 98 | 0.4x |
| Chandler, AZ | 257,076 | 107 | 0.4x |
| Scottsdale, AZ | 254,995 | 128 | 0.5x |
| Glendale, AZ | 250,290 | 97 | 0.4x |
| Tempe, AZ | 191,607 | 105 | 0.4x |
| Fountain Hills, AZ | 25,167 | 124 | 0.5x |
| Tolleson, AZ | 7,340 | 96 | 0.4x |
| Guadalupe, AZ | 6,572 | 87 | 0.4x |
| Cave Creek, AZ | 5,766 | 131 | 0.6x |
