Cost of living in Fountain Hills 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 Fountain Hills 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 Fountain Hills is 124, with 100 being the average.
The cost of living index in Fountain Hills is 1.2x higher than the national average.
Fountain Hills ranks as the #85 cheapest in Arizona out of 94.
Fountain Hills ranks as the #4,999 cheapest out of 6,412 in the US.
The median home value in Fountain Hills is $449,300.
The median income in Fountain Hills is $90,143.
According to the most recent data on the cost of living, Fountain Hills has an overall cost of living index of 124, which is 1.2x higher than the national index of 100.
Compared to Arizona, Fountain Hills has a cost of living index that's 1.2x higher than Arizona's index of 107.
The standard of living in Fountain Hills ranks as #85 most affordable out of the 94 places we measured in Arizona. By definition, that implies Fountain Hills ranks as the #9 most expensive place in the Grand Canyon State.
For more reading on life in Fountain Hills, check out:
Six factors go into calculating the cost of living index in Fountain Hills. Here is how it fairs on each of the criteria:
The Services index in Fountain Hills is 97.
The Groceries index in Fountain Hills is 97.
The Health index in Fountain Hills is 89.
The Housing index in Fountain Hills is 175.
The Transportation index in Fountain Hills is 107.
The Utilities index in Fountain Hills is 107.
Living Expense | Fountain Hills | Arizona | National Average | |
---|---|---|---|---|
Overall | 124 | 107 | 100 | |
Services | 97 | 102 | 100 | |
Groceries | 97 | 101 | 100 | |
Health | 89 | 94 | 100 | |
Housing | 175 | 121 | 100 | |
Transportation | 107 | 105 | 100 | |
Utilities | 107 | 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 Fountain Hills is $449,300.
The Median Rent in Fountain Hills is $1,419.
The Median Income in Fountain Hills is $90,143.
The Home Value To Income in Fountain Hills is 5.0x.
The Rent To Monthly Income in Fountain Hills is 0.19x.
Statistic | Fountain Hills | Arizona | United States |
---|---|---|---|
Median Home Value | $449,300 | $265,600 | $244,900 |
Median Rent | $1,419 | $1,172 | $1,163 |
Median Income | $90,143 | $65,913 | $69,021 |
Home Value To Income | 5.0x | 4.0x | 3.5x |
Rent To Monthly Income | 0.19x | 0.21x | 0.2x |
Item | Fountain Hills | Arizona |
---|---|---|
Shampoo | $0.99 | $1.06 |
Movie | $8.84 | $10.68 |
Bowling | $17.06 | $14.67 |
Haircut | $17.22 | $18.62 |
Beauty Salon | $41.67 | $39.05 |
Item | Fountain Hills | Arizona |
---|---|---|
Ground Beef | $3.91 | $4.22 |
Fried Chicken | $1.68 | $1.39 |
Milk | $1.63 | $2.05 |
Potatoes | $3.42 | $3.29 |
Pizza | $10.99 | $10.62 |
Beer | $9.58 | $9.38 |
Toothpaste | $1.53 | $2.34 |
Item | Fountain Hills | Arizona |
---|---|---|
Optometrist | $96.17 | $108.57 |
Doctor | $96.33 | $116.17 |
Dentist | $89.83 | $99.13 |
Item | Fountain Hills | Arizona |
---|---|---|
Gasoline | $2.49 | $2.22 |
Tire Balancing | $45.83 | $50.07 |
Item | Fountain Hills | Arizona |
---|---|---|
All Electricity | $189.67 | $167.67 |
Phone | $178.49 | $175.64 |
The cost of living varies in the cities and towns around Fountain Hills. 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 Fountain Hills.
Mesa, AZ has a cost of living index of 98, 0.8x Fountain Hills.
Gilbert, AZ has a cost of living index of 113, 0.9x Fountain Hills.
City | Population | Cost Of Living | Vs. Fountain Hills |
---|---|---|---|
Phoenix, AZ | 1,591,119 | 96 | 0.8x |
Mesa, AZ | 497,752 | 98 | 0.8x |
Gilbert, AZ | 262,249 | 113 | 0.9x |
Scottsdale, AZ | 238,685 | 128 | 1.0x |
Tempe, AZ | 178,862 | 105 | 0.8x |
Apache Junction, AZ | 38,311 | 89 | 0.7x |
Paradise Valley, AZ | 12,666 | 238 | 1.9x |
Guadalupe, AZ | 5,334 | 87 | 0.7x |