Globe, AZ Cost Of Living
Cost Of Living In Globe, AZ Summary
Cost of living in Globe 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 Globe 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 Globe is 91, with 100 being the average.
The cost of living index in Globe is 0.9x lower than the national average.
Globe ranks as the #22 cheapest in Arizona out of 94.
Globe ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Globe is $153,400.
The median income in Globe is $57,985.
Table Of Contents
Globe's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Globe, AZ?
According to the most recent data on the cost of living, Globe has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Arizona, Globe has a cost of living index that's 0.9x lower than Arizona's index of 107.
The standard of living in Globe ranks as #22 most affordable out of the 94 places we measured in Arizona. By definition, that implies Globe ranks as the #72 most expensive place in the Grand Canyon State.
For more reading on life in Globe, check out:
- Living In Globe
- Globe Crime Report
- Search Homes For Sale In Globe, AZ
In Arizona
In America
Globe Cost Of Living Vs. Arizona
Six factors go into calculating the cost of living index in Globe. Here is how it fairs on each of the criteria:
The Services index in Globe is 97.
The Groceries index in Globe is 98.
The Health index in Globe is 91.
The Housing index in Globe is 68.
The Transportation index in Globe is 107.
The Utilities index in Globe is 108.
| Living Expense | Globe | Arizona | National Average | |
|---|---|---|---|---|
| Overall | 91 | 107 | 100 | |
| Services | 97 | 102 | 100 | |
| Groceries | 98 | 101 | 100 | |
| Health | 91 | 94 | 100 | |
| Housing | 68 | 121 | 100 | |
| Transportation | 107 | 105 | 100 | |
| Utilities | 108 | 97 | 100 | |
Globe, 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 Globe is $153,400.
The Median Rent in Globe is $875.
The Median Income in Globe is $57,985.
The Home Value To Income in Globe is 2.6x.
The Rent To Monthly Income in Globe is 0.18x.
| Statistic | Globe | Arizona | United States |
|---|---|---|---|
| Median Home Value | $153,400 | $265,600 | $244,900 |
| Median Rent | $875 | $1,172 | $1,163 |
| Median Income | $57,985 | $65,913 | $69,021 |
| Home Value To Income | 2.6x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Globe, AZ Costs By Category
Detailed Globe Services Costs Vs. Arizona
Detailed Globe Groceries Costs Vs. Arizona
Detailed Globe Health Costs Vs. Arizona
Detailed Globe Transportation Costs Vs. Arizona
Detailed Globe Utilities Costs Vs. Arizona
Globe SnackAbility
/10
Cost Of Living In Cities Around Globe
The cost of living varies in the cities and towns around Globe. Here's a quick look at the cost of living in the most populous nearby places:
San Tan Valley, AZ has a cost of living index of 97, 1.1x Globe.
Apache Junction, AZ has a cost of living index of 89, 1.0x Globe.
Florence, AZ has a cost of living index of 88, 1.0x Globe.
| City | Population | Cost Of Living | Vs. Globe |
|---|---|---|---|
| San Tan Valley, AZ | 96,127 | 97 | 1.1x |
| Apache Junction, AZ | 38,311 | 89 | 1.0x |
| Florence, AZ | 25,356 | 88 | 1.0x |
| Gold Canyon, AZ | 11,233 | 113 | 1.2x |
