Thatcher, AZ Cost Of Living
Cost Of Living In Thatcher, AZ Summary
Cost of living in Thatcher 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 Thatcher 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 Thatcher is 93, with 100 being the average.
The cost of living index in Thatcher is 0.9x lower than the national average.
Thatcher ranks as the #29 cheapest in Arizona out of 94.
Thatcher ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Thatcher is $184,800.
The median income in Thatcher is $66,821.
Table Of Contents
Thatcher's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Thatcher, AZ?
According to the most recent data on the cost of living, Thatcher has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Arizona, Thatcher has a cost of living index that's 0.9x lower than Arizona's index of 107.
The standard of living in Thatcher ranks as #29 most affordable out of the 94 places we measured in Arizona. By definition, that implies Thatcher ranks as the #65 most expensive place in the Grand Canyon State.
For more reading on life in Thatcher, check out:
- Living In Thatcher
- Thatcher Crime Report
- Search Homes For Sale In Thatcher, AZ
In Arizona
In America
Thatcher Cost Of Living Vs. Arizona
Six factors go into calculating the cost of living index in Thatcher. Here is how it fairs on each of the criteria:
The Services index in Thatcher is 103.
The Groceries index in Thatcher is 105.
The Health index in Thatcher is 103.
The Housing index in Thatcher is 82.
The Transportation index in Thatcher is 97.
The Utilities index in Thatcher is 99.
| Living Expense | Thatcher | Arizona | National Average | |
|---|---|---|---|---|
| Overall | 93 | 107 | 100 | |
| Services | 103 | 102 | 100 | |
| Groceries | 105 | 101 | 100 | |
| Health | 103 | 94 | 100 | |
| Housing | 82 | 121 | 100 | |
| Transportation | 97 | 105 | 100 | |
| Utilities | 99 | 97 | 100 | |
Thatcher, 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 Thatcher is $184,800.
The Median Rent in Thatcher is $899.
The Median Income in Thatcher is $66,821.
The Home Value To Income in Thatcher is 2.8x.
The Rent To Monthly Income in Thatcher is 0.16x.
| Statistic | Thatcher | Arizona | United States |
|---|---|---|---|
| Median Home Value | $184,800 | $265,600 | $244,900 |
| Median Rent | $899 | $1,172 | $1,163 |
| Median Income | $66,821 | $65,913 | $69,021 |
| Home Value To Income | 2.8x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Thatcher, AZ Costs By Category
Detailed Thatcher Services Costs Vs. Arizona
Detailed Thatcher Groceries Costs Vs. Arizona
Detailed Thatcher Health Costs Vs. Arizona
Detailed Thatcher Transportation Costs Vs. Arizona
Detailed Thatcher Utilities Costs Vs. Arizona
Thatcher SnackAbility
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Cost Of Living In Cities Around Thatcher
The cost of living varies in the cities and towns around Thatcher. Here's a quick look at the cost of living in the most populous nearby places:
Safford, AZ has a cost of living index of 97, 1.0x Thatcher.
| City | Population | Cost Of Living | Vs. Thatcher |
|---|---|---|---|
| Safford, AZ | 9,981 | 97 | 1.0x |
