Cost of living in Sedona 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 Sedona 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 Sedona is 135, with 100 being the average.
The cost of living index in Sedona is 1.4x higher than the national average.
Sedona ranks as the #93 cheapest in Arizona out of 94.
Sedona ranks as the #5,435 cheapest out of 6,412 in the US.
The median home value in Sedona is $569,800.
The median income in Sedona is $58,901.
According to the most recent data on the cost of living, Sedona has an overall cost of living index of 135, which is 1.4x higher than the national index of 100.
Compared to Arizona, Sedona has a cost of living index that's 1.3x higher than Arizona's index of 107.
The standard of living in Sedona ranks as #93 most affordable out of the 94 places we measured in Arizona. By definition, that implies Sedona ranks as the #1 most expensive place in the Grand Canyon State.
For more reading on life in Sedona, check out:
Six factors go into calculating the cost of living index in Sedona. Here is how it fairs on each of the criteria:
The Services index in Sedona is 110.
The Groceries index in Sedona is 104.
The Health index in Sedona is 109.
The Housing index in Sedona is 198.
The Transportation index in Sedona is 108.
The Utilities index in Sedona is 95.
|Living Expense||Sedona||Arizona||National Average|
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 Sedona is $569,800.
The Median Rent in Sedona is $1,204.
The Median Income in Sedona is $58,901.
The Home Value To Income in Sedona is 9.7x.
The Rent To Monthly Income in Sedona is 0.25x.
|Median Home Value||$569,800||$265,600||$244,900|
|Home Value To Income||9.7x||4.0x||3.5x|
|Rent To Monthly Income||0.25x||0.21x||0.2x|
The cost of living varies in the cities and towns around Sedona. Here's a quick look at the cost of living in the most populous nearby places:
Flagstaff, AZ has a cost of living index of 119, 0.9x Sedona.
Prescott Valley, AZ has a cost of living index of 100, 0.7x Sedona.
Prescott, AZ has a cost of living index of 115, 0.9x Sedona.
|City||Population||Cost Of Living||Vs. Sedona|
|Prescott Valley, AZ||46,014||100||0.7x|
|Chino Valley, AZ||12,854||101||0.7x|
|Camp Verde, AZ||11,942||99||0.7x|
|Village of Oak Creek (Big Park), AZ||6,144||130||1.0x|