Gilbert, AZ Cost Of Living
Cost Of Living In Gilbert, AZ Summary
Cost of living in Gilbert 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 Gilbert 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 Gilbert is 113, with 100 being the average.
The cost of living index in Gilbert is 1.1x higher than the national average.
Gilbert ranks as the #76 cheapest in Arizona out of 94.
Gilbert ranks as the #4,363 cheapest out of 6,412 in the US.
The median home value in Gilbert is $377,800.
The median income in Gilbert is $105,733.
Table Of Contents
Gilbert's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Gilbert, AZ?
According to the most recent data on the cost of living, Gilbert has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to Arizona, Gilbert has a cost of living index that's 1.1x higher than Arizona's index of 107.
The standard of living in Gilbert ranks as #76 most affordable out of the 94 places we measured in Arizona. By definition, that implies Gilbert ranks as the #18 most expensive place in the Grand Canyon State.
For more reading on life in Gilbert, check out:
- Living In Gilbert
- Gilbert Crime Report
- Search Homes For Sale In Gilbert, AZ
In Arizona
In America
Gilbert Cost Of Living Vs. Arizona
Six factors go into calculating the cost of living index in Gilbert. Here is how it fairs on each of the criteria:
The Services index in Gilbert is 98.
The Groceries index in Gilbert is 97.
The Health index in Gilbert is 91.
The Housing index in Gilbert is 141.
The Transportation index in Gilbert is 105.
The Utilities index in Gilbert is 105.
| Living Expense | Gilbert | Arizona | National Average | |
|---|---|---|---|---|
| Overall | 113 | 107 | 100 | |
| Services | 98 | 102 | 100 | |
| Groceries | 97 | 101 | 100 | |
| Health | 91 | 94 | 100 | |
| Housing | 141 | 121 | 100 | |
| Transportation | 105 | 105 | 100 | |
| Utilities | 105 | 97 | 100 | |
Gilbert, 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 Gilbert is $377,800.
The Median Rent in Gilbert is $1,662.
The Median Income in Gilbert is $105,733.
The Home Value To Income in Gilbert is 3.6x.
The Rent To Monthly Income in Gilbert is 0.19x.
| Statistic | Gilbert | Arizona | United States |
|---|---|---|---|
| Median Home Value | $377,800 | $265,600 | $244,900 |
| Median Rent | $1,662 | $1,172 | $1,163 |
| Median Income | $105,733 | $65,913 | $69,021 |
| Home Value To Income | 3.6x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Gilbert, AZ Costs By Category
Detailed Gilbert Services Costs Vs. Arizona
Detailed Gilbert Groceries Costs Vs. Arizona
Detailed Gilbert Health Costs Vs. Arizona
Detailed Gilbert Transportation Costs Vs. Arizona
Detailed Gilbert Utilities Costs Vs. Arizona
Gilbert SnackAbility
/10
Cost Of Living In Cities Around Gilbert
The cost of living varies in the cities and towns around Gilbert. Here's a quick look at the cost of living in the most populous nearby places:
Mesa, AZ has a cost of living index of 98, 0.9x Gilbert.
Chandler, AZ has a cost of living index of 107, 0.9x Gilbert.
Tempe, AZ has a cost of living index of 105, 0.9x Gilbert.
| City | Population | Cost Of Living | Vs. Gilbert |
|---|---|---|---|
| Mesa, AZ | 497,752 | 98 | 0.9x |
| Chandler, AZ | 272,439 | 107 | 0.9x |
| Tempe, AZ | 178,862 | 105 | 0.9x |
| San Tan Valley, AZ | 96,127 | 97 | 0.9x |
| Goodyear, AZ | 93,651 | 105 | 0.9x |
| Queen Creek, AZ | 57,728 | 112 | 1.0x |
| Apache Junction, AZ | 38,311 | 89 | 0.8x |
| Sun Lakes, AZ | 13,912 | 109 | 1.0x |
| Gold Canyon, AZ | 11,233 | 113 | 1.0x |
| Guadalupe, AZ | 5,334 | 87 | 0.8x |
