Arizona boasts abundant natural beauty, cultural diversity, and outdoor recreation opportunities. However, the state is notorious for its high cost of living, particularly in terms of housing.
This has prompted many individuals to seek out the most affordable places to live in Arizona, allowing them to experience the advantages of residing in the Grand Canyon State without straining their finances.
This article will unveil the city that has earned the title of the most economical place to live in Arizona, considering factors like home prices, income levels, property taxes, rent, and overall cost of living.
Additionally, we will compare this city to other budget-friendly options in Arizona, elucidating why it stands out as the optimal choice for those mindful of their expenses.
The City That Has Been Named the Cheapest Place to Live in Arizona
If you’re seeking an affordable place to live in Arizona with a sunny climate and a rich history, consider Yuma. Situated in the southwest corner of Arizona near the borders of California and Mexico, Yuma boasts a cost of living 6% lower than the national average and 49.8% lower than the state average, according to Numbeo.
The median home price in Yuma is $189,900, which is 20% below the national median and 3% lower than the state median. With a median household income of $46,872, Yuma is 14% below the national median but 6% higher than the state median. The property tax rate is 0.7%, which is 0.3% lower than the national average and 0.1% lower than the state average.
For those considering renting, the average cost for a one-bedroom apartment in the city center is $880—32% below the national average and 49.8% lower than the state average.
Yuma has additional perks, including a strong military presence, a diverse and vibrant culture, and a scenic location near the Colorado River and the Sonoran Desert.
Notable establishments like the Marine Corps Air Station Yuma, the Yuma Proving Ground, and the Yuma International Airport contribute to employment and economic opportunities in the city. Surrounded by natural beauty, Yuma enjoys an average of 310 days of sunshine per year.
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How Does Arizona Compare to Other States in Terms of Cost of Living?
The cost of living in Arizona surpasses the national average by 6%, although this discrepancy can fluctuate based on the city and expense category.
Housing costs in Arizona are notably higher, standing at 20% above the national average. Conversely, utilities and transportation expenses align closely with the national average. Notably affordable cities in Arizona include Yuma, Casa Grande, Tucson, Maricopa, and Winslow.
On the flip side, some of the more expensive cities in Arizona include Lake Havasu City, Flagstaff, Prescott, and Scottsdale. To gauge and compare living costs in various Arizona cities and across the United States, a useful tool is the cost of living calculator.
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Some Other Affordable Cities in Arizona
Tucson
Tucson holds the position of being the second-largest city in Arizona and serves as the location for the University of Arizona. The city boasts a rich and lively culture, reflecting a blend of Native American, Hispanic, and Anglo influences.
Additionally, Tucson provides a range of outdoor pursuits, including hiking, biking, and golfing. Notably, the cost of living in Tucson is relatively affordable, particularly when compared to other major cities.
Maricopa
Maricopa, situated in the expanding Phoenix metropolitan area, is a rapidly growing city that exudes a suburban atmosphere characterized by numerous new homes and developments.
Its appeal lies in its affordability, safety, and close proximity to Phoenix. Additionally, Maricopa boasts various parks, trails, and recreational facilities for residents to enjoy.
Winslow
Winslow, situated in northern Arizona along the iconic Route 66, gained fame through its connection with the Eagles’ song “Take It Easy,” featuring the lyric “standing on a corner in Winslow, Arizona.”
This small town offers a budget-friendly cost of living, a welcoming community, and a picturesque setting close to the Painted Desert and Petrified Forest National Park.
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Final Words
Yuma presents an excellent option for those seeking the advantages of Arizona living at an affordable cost. It stands out as the most economical place to reside in the state, while still providing a high quality of life, a welcoming community, and plenty of opportunities for fun and adventure.
