Florence, AZ Cost Of Living

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Updated: 2020-03-08
Florence's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Florence is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Florence, AZ?

According to the most recent data on the cost of living, Florence has an overall cost of living index of 87 which is 0.9x lower than the national index of 100.

Compared to only Arizona, Florence has a cost of living index that's 0.9x lower than Arizona's index of 99.

The standard of living in Florence ranks as #1128 most affordable out of the 6522 places we measured in Arizona. By definition, that implies Florence ranks as the #5279 most expensive place in the Grand Canyon State.

For more reading on life in Florence, check out:

Florence Cost Of Living Vs. Arizona

Living Expense Florence Arizona National Average
Overall 87 99 100
Services 91 98 100
Groceries 100 99 100
Health 89 98 100
Housing 67 97 100
Transportation 100 104 100
Utilities 107 103 100
For more reading on cost of living around Arizona, check out:
Florence Cost of Living Vs. AZ

Florence, 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 Florence Arizona United States
Median Home Value $142,600 $209,600 $204,900
Median Rent $825 $1,009 $1,023
Median Income $49,674 $56,213 $60,293
Home Value To Income 2.9x 3.7x 3.4x
Rent To Monthly Income 0.2x 0.22x 0.2x

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Cost Of Living In Cities Around Florence

City Population Cost Of Living Vs. Florence
Chandler, AZ 248,631 107 1.2x
Scottsdale, AZ 246,026 125 1.4x
Gilbert, AZ 237,484 110 1.3x
Tempe, AZ 183,652 102 1.2x
San Tan Valley, AZ 93,230 97 1.1x
Santa Cruz, CA 64,273 185 2.1x
Marana, AZ 43,606 107 1.2x
Queen Creek, AZ 36,053 111 1.3x
Fountain Hills, AZ 24,490 120 1.4x
Sun Lakes, AZ 14,582 109 1.3x

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