Cost of living in Anthem 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 Anthem 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 Anthem is 118, with 100 being the average.
The cost of living index in Anthem is 1.2x higher than the national average.
Anthem ranks as the #81 cheapest in Arizona out of 94.
Anthem ranks as the #4,687 cheapest out of 6,412 in the US.
The median home value in Anthem is $377,300.
The median income in Anthem is $107,558.
According to the most recent data on the cost of living, Anthem has an overall cost of living index of 118, which is 1.2x higher than the national index of 100.
Compared to Arizona, Anthem has a cost of living index that's 1.1x higher than Arizona's index of 107.
The standard of living in Anthem ranks as #81 most affordable out of the 94 places we measured in Arizona. By definition, that implies Anthem ranks as the #13 most expensive place in the Grand Canyon State.
For more reading on life in Anthem, check out:
Six factors go into calculating the cost of living index in Anthem. Here is how it fairs on each of the criteria:
The Services index in Anthem is 89.
The Groceries index in Anthem is 93.
The Health index in Anthem is 78.
The Housing index in Anthem is 162.
The Transportation index in Anthem is 107.
The Utilities index in Anthem is 129.
Living Expense | Anthem | Arizona | National Average | |
---|---|---|---|---|
Overall | 118 | 107 | 100 | |
Services | 89 | 102 | 100 | |
Groceries | 93 | 101 | 100 | |
Health | 78 | 94 | 100 | |
Housing | 162 | 121 | 100 | |
Transportation | 107 | 105 | 100 | |
Utilities | 129 | 97 | 100 |
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 Anthem is $377,300.
The Median Rent in Anthem is $1,801.
The Median Income in Anthem is $107,558.
The Home Value To Income in Anthem is 3.5x.
The Rent To Monthly Income in Anthem is 0.2x.
Statistic | Anthem | Arizona | United States |
---|---|---|---|
Median Home Value | $377,300 | $265,600 | $244,900 |
Median Rent | $1,801 | $1,172 | $1,163 |
Median Income | $107,558 | $65,913 | $69,021 |
Home Value To Income | 3.5x | 4.0x | 3.5x |
Rent To Monthly Income | 0.2x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Anthem. Here's a quick look at the cost of living in the most populous nearby places:
Phoenix, AZ has a cost of living index of 96, 0.8x Anthem.
Scottsdale, AZ has a cost of living index of 128, 1.1x Anthem.
Peoria, AZ has a cost of living index of 101, 0.9x Anthem.
City | Population | Cost Of Living | Vs. Anthem |
---|---|---|---|
Phoenix, AZ | 1,591,119 | 96 | 0.8x |
Scottsdale, AZ | 238,685 | 128 | 1.1x |
Peoria, AZ | 187,733 | 101 | 0.9x |
New River, AZ | 17,731 | 115 | 1.0x |