Golden Valley, AZ Cost Of Living
Cost Of Living In Golden Valley, AZ Summary
Cost of living in Golden Valley 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 Golden Valley 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 Golden Valley is 80, with 100 being the average.
The cost of living index in Golden Valley is 0.8x lower than the national average.
Golden Valley ranks as the #2 cheapest in Arizona out of 94.
Golden Valley ranks as the #211 cheapest out of 6,412 in the US.
The median home value in Golden Valley is $87,600.
The median income in Golden Valley is $45,000.
Table Of Contents
Golden Valley's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Golden Valley, AZ?
According to the most recent data on the cost of living, Golden Valley has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.
Compared to Arizona, Golden Valley has a cost of living index that's 0.7x lower than Arizona's index of 107.
The standard of living in Golden Valley ranks as #2 most affordable out of the 94 places we measured in Arizona. By definition, that implies Golden Valley ranks as the #92 most expensive place in the Grand Canyon State.
For more reading on life in Golden Valley, check out:
- Living In Golden Valley
- Search Homes For Sale In Golden Valley, AZ
In Arizona
In America
Golden Valley Cost Of Living Vs. Arizona
Six factors go into calculating the cost of living index in Golden Valley. Here is how it fairs on each of the criteria:
The Services index in Golden Valley is 92.
The Groceries index in Golden Valley is 96.
The Health index in Golden Valley is 93.
The Housing index in Golden Valley is 50.
The Transportation index in Golden Valley is 99.
The Utilities index in Golden Valley is 86.
| Living Expense | Golden Valley | Arizona | National Average | |
|---|---|---|---|---|
| Overall | 80 | 107 | 100 | |
| Services | 92 | 102 | 100 | |
| Groceries | 96 | 101 | 100 | |
| Health | 93 | 94 | 100 | |
| Housing | 50 | 121 | 100 | |
| Transportation | 99 | 105 | 100 | |
| Utilities | 86 | 97 | 100 | |
Golden Valley, 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 Golden Valley is $87,600.
The Median Rent in Golden Valley is $666.
The Median Income in Golden Valley is $45,000.
The Home Value To Income in Golden Valley is 1.9x.
The Rent To Monthly Income in Golden Valley is 0.18x.
| Statistic | Golden Valley | Arizona | United States |
|---|---|---|---|
| Median Home Value | $87,600 | $265,600 | $244,900 |
| Median Rent | $666 | $1,172 | $1,163 |
| Median Income | $45,000 | $65,913 | $69,021 |
| Home Value To Income | 1.9x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Golden Valley, AZ Costs By Category
Detailed Golden Valley Services Costs Vs. Arizona
| Item | Golden Valley | Arizona |
|---|---|---|
| Shampoo | $0.95 | $1.06 |
| Movie | $8.59 | $10.68 |
| Bowling | $10.0 | $14.67 |
| Haircut | $14.33 | $18.62 |
| Beauty Salon | $26.02 | $39.05 |
Detailed Golden Valley Groceries Costs Vs. Arizona
| Item | Golden Valley | Arizona |
|---|---|---|
| Ground Beef | $3.55 | $4.22 |
| Fried Chicken | $1.09 | $1.39 |
| Milk | $1.63 | $2.05 |
| Potatoes | $2.44 | $3.29 |
| Pizza | $8.99 | $10.62 |
| Beer | $9.43 | $9.38 |
| Toothpaste | $1.93 | $2.34 |
Detailed Golden Valley Health Costs Vs. Arizona
| Item | Golden Valley | Arizona |
|---|---|---|
| Optometrist | $87.22 | $108.57 |
| Doctor | $103.28 | $116.17 |
| Dentist | $91.83 | $99.13 |
Detailed Golden Valley Transportation Costs Vs. Arizona
| Item | Golden Valley | Arizona |
|---|---|---|
| Gasoline | $2.14 | $2.22 |
| Tire Balancing | $51.04 | $50.07 |
Detailed Golden Valley Utilities Costs Vs. Arizona
| Item | Golden Valley | Arizona |
|---|---|---|
| All Electricity | $126.21 | $167.67 |
| Phone | $177.14 | $175.64 |
Golden Valley SnackAbility
/10
Cost Of Living In Cities Around Golden Valley
The cost of living varies in the cities and towns around Golden Valley. Here's a quick look at the cost of living in the most populous nearby places:
Kingman, AZ has a cost of living index of 85, 1.1x Golden Valley.
Fort Mohave, AZ has a cost of living index of 90, 1.1x Golden Valley.
New Kingman-Butler, AZ has a cost of living index of 78, 1.0x Golden Valley.
| City | Population | Cost Of Living | Vs. Golden Valley |
|---|---|---|---|
| Kingman, AZ | 32,204 | 85 | 1.1x |
| Fort Mohave, AZ | 15,872 | 90 | 1.1x |
| New Kingman-Butler, AZ | 12,858 | 78 | 1.0x |
| Laughlin, NV | 8,174 | 84 | 1.1x |
