Cost of living in Holbrook 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 Holbrook 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 Holbrook is 91, with 100 being the average.
The cost of living index in Holbrook is 0.9x lower than the national average.
Holbrook ranks as the #22 cheapest in Arizona out of 94.
Holbrook ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Holbrook is $109,100.
The median income in Holbrook is $49,432.
According to the most recent data on the cost of living, Holbrook has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Arizona, Holbrook has a cost of living index that's 0.9x lower than Arizona's index of 107.
The standard of living in Holbrook ranks as #22 most affordable out of the 94 places we measured in Arizona. By definition, that implies Holbrook ranks as the #72 most expensive place in the Grand Canyon State.
For more reading on life in Holbrook, check out:
Six factors go into calculating the cost of living index in Holbrook. Here is how it fairs on each of the criteria:
The Services index in Holbrook is 107.
The Groceries index in Holbrook is 107.
The Health index in Holbrook is 110.
The Housing index in Holbrook is 53.
The Transportation index in Holbrook is 110.
The Utilities index in Holbrook is 94.
Living Expense | Holbrook | Arizona | National Average | |
---|---|---|---|---|
Overall | 91 | 107 | 100 | |
Services | 107 | 102 | 100 | |
Groceries | 107 | 101 | 100 | |
Health | 110 | 94 | 100 | |
Housing | 53 | 121 | 100 | |
Transportation | 110 | 105 | 100 | |
Utilities | 94 | 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 Holbrook is $109,100.
The Median Rent in Holbrook is $716.
The Median Income in Holbrook is $49,432.
The Home Value To Income in Holbrook is 2.2x.
The Rent To Monthly Income in Holbrook is 0.17x.
Statistic | Holbrook | Arizona | United States |
---|---|---|---|
Median Home Value | $109,100 | $265,600 | $244,900 |
Median Rent | $716 | $1,172 | $1,163 |
Median Income | $49,432 | $65,913 | $69,021 |
Home Value To Income | 2.2x | 4.0x | 3.5x |
Rent To Monthly Income | 0.17x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Holbrook. Here's a quick look at the cost of living in the most populous nearby places:
Show Low, AZ has a cost of living index of 98, 1.1x Holbrook.
Winslow, AZ has a cost of living index of 92, 1.0x Holbrook.
Snowflake, AZ has a cost of living index of 96, 1.1x Holbrook.
City | Population | Cost Of Living | Vs. Holbrook |
---|---|---|---|
Show Low, AZ | 11,623 | 98 | 1.1x |
Winslow, AZ | 8,961 | 92 | 1.0x |
Snowflake, AZ | 6,086 | 96 | 1.1x |