Cost of living in Bisbee 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 Bisbee 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 Bisbee is 91, with 100 being the average.
The cost of living index in Bisbee is 0.9x lower than the national average.
Bisbee ranks as the #22 cheapest in Arizona out of 94.
Bisbee ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Bisbee is $170,900.
The median income in Bisbee is $41,094.
According to the most recent data on the cost of living, Bisbee has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Arizona, Bisbee has a cost of living index that's 0.9x lower than Arizona's index of 107.
The standard of living in Bisbee ranks as #22 most affordable out of the 94 places we measured in Arizona. By definition, that implies Bisbee ranks as the #72 most expensive place in the Grand Canyon State.
For more reading on life in Bisbee, check out:
Six factors go into calculating the cost of living index in Bisbee. Here is how it fairs on each of the criteria:
The Services index in Bisbee is 93.
The Groceries index in Bisbee is 100.
The Health index in Bisbee is 93.
The Housing index in Bisbee is 69.
The Transportation index in Bisbee is 106.
The Utilities index in Bisbee is 97.
Living Expense | Bisbee | Arizona | National Average | |
---|---|---|---|---|
Overall | 91 | 107 | 100 | |
Services | 93 | 102 | 100 | |
Groceries | 100 | 101 | 100 | |
Health | 93 | 94 | 100 | |
Housing | 69 | 121 | 100 | |
Transportation | 106 | 105 | 100 | |
Utilities | 97 | 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 Bisbee is $170,900.
The Median Rent in Bisbee is $815.
The Median Income in Bisbee is $41,094.
The Home Value To Income in Bisbee is 4.2x.
The Rent To Monthly Income in Bisbee is 0.24x.
Statistic | Bisbee | Arizona | United States |
---|---|---|---|
Median Home Value | $170,900 | $265,600 | $244,900 |
Median Rent | $815 | $1,172 | $1,163 |
Median Income | $41,094 | $65,913 | $69,021 |
Home Value To Income | 4.2x | 4.0x | 3.5x |
Rent To Monthly Income | 0.24x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Bisbee. Here's a quick look at the cost of living in the most populous nearby places:
Sierra Vista, AZ has a cost of living index of 99, 1.1x Bisbee.
Douglas, AZ has a cost of living index of 84, 0.9x Bisbee.
Sierra Vista Southeast, AZ has a cost of living index of 97, 1.1x Bisbee.
City | Population | Cost Of Living | Vs. Bisbee |
---|---|---|---|
Sierra Vista, AZ | 44,944 | 99 | 1.1x |
Douglas, AZ | 16,470 | 84 | 0.9x |
Sierra Vista Southeast, AZ | 14,822 | 97 | 1.1x |