Eloy, AZ Cost Of Living
Cost Of Living In Eloy, AZ Summary
Cost of living in Eloy 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 Eloy 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 Eloy is 87, with 100 being the average.
The cost of living index in Eloy is 0.9x lower than the national average.
Eloy ranks as the #12 cheapest in Arizona out of 94.
Eloy ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Eloy is $137,600.
The median income in Eloy is $49,526.
Table Of Contents
Eloy's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Eloy, AZ?
According to the most recent data on the cost of living, Eloy has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Arizona, Eloy has a cost of living index that's 0.8x lower than Arizona's index of 107.
The standard of living in Eloy ranks as #12 most affordable out of the 94 places we measured in Arizona. By definition, that implies Eloy ranks as the #82 most expensive place in the Grand Canyon State.
For more reading on life in Eloy, check out:
- Living In Eloy
- Search Homes For Sale In Eloy, AZ
In Arizona
In America
Eloy Cost Of Living Vs. Arizona
Six factors go into calculating the cost of living index in Eloy. Here is how it fairs on each of the criteria:
The Services index in Eloy is 105.
The Groceries index in Eloy is 102.
The Health index in Eloy is 103.
The Housing index in Eloy is 48.
The Transportation index in Eloy is 98.
The Utilities index in Eloy is 100.
| Living Expense | Eloy | Arizona | National Average | |
|---|---|---|---|---|
| Overall | 87 | 107 | 100 | |
| Services | 105 | 102 | 100 | |
| Groceries | 102 | 101 | 100 | |
| Health | 103 | 94 | 100 | |
| Housing | 48 | 121 | 100 | |
| Transportation | 98 | 105 | 100 | |
| Utilities | 100 | 97 | 100 | |
Eloy, 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 Eloy is $137,600.
The Median Rent in Eloy is $802.
The Median Income in Eloy is $49,526.
The Home Value To Income in Eloy is 2.8x.
The Rent To Monthly Income in Eloy is 0.19x.
| Statistic | Eloy | Arizona | United States |
|---|---|---|---|
| Median Home Value | $137,600 | $265,600 | $244,900 |
| Median Rent | $802 | $1,172 | $1,163 |
| Median Income | $49,526 | $65,913 | $69,021 |
| Home Value To Income | 2.8x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Eloy, AZ Costs By Category
Detailed Eloy Services Costs Vs. Arizona
Detailed Eloy Groceries Costs Vs. Arizona
Detailed Eloy Health Costs Vs. Arizona
Detailed Eloy Transportation Costs Vs. Arizona
Detailed Eloy Utilities Costs Vs. Arizona
Eloy SnackAbility
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Cost Of Living In Cities Around Eloy
The cost of living varies in the cities and towns around Eloy. Here's a quick look at the cost of living in the most populous nearby places:
Chandler, AZ has a cost of living index of 107, 1.2x Eloy.
Gilbert, AZ has a cost of living index of 113, 1.3x Eloy.
Tempe, AZ has a cost of living index of 105, 1.2x Eloy.
| City | Population | Cost Of Living | Vs. Eloy |
|---|---|---|---|
| Chandler, AZ | 272,439 | 107 | 1.2x |
| Gilbert, AZ | 262,249 | 113 | 1.3x |
| Tempe, AZ | 178,862 | 105 | 1.2x |
| Casas Adobes, AZ | 70,224 | 103 | 1.2x |
| Santa Cruz, CA | 62,714 | 186 | 2.1x |
| Queen Creek, AZ | 57,728 | 112 | 1.3x |
| Casa Grande, AZ | 53,488 | 92 | 1.1x |
| Marana, AZ | 50,834 | 107 | 1.2x |
| Oro Valley, AZ | 46,515 | 113 | 1.3x |
| Sun Lakes, AZ | 13,912 | 109 | 1.3x |
