Cost of living in Safford 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 Safford 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 Safford is 97, with 100 being the average.
The cost of living index in Safford is 1.0x lower than the national average.
Safford ranks as the #45 cheapest in Arizona out of 94.
Safford ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Safford is $151,300.
The median income in Safford is $53,503.
According to the most recent data on the cost of living, Safford has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Arizona, Safford has a cost of living index that's 0.9x lower than Arizona's index of 107.
The standard of living in Safford ranks as #45 most affordable out of the 94 places we measured in Arizona. By definition, that implies Safford ranks as the #49 most expensive place in the Grand Canyon State.
For more reading on life in Safford, check out:
Six factors go into calculating the cost of living index in Safford. Here is how it fairs on each of the criteria:
The Services index in Safford is 105.
The Groceries index in Safford is 105.
The Health index in Safford is 102.
The Housing index in Safford is 75.
The Transportation index in Safford is 95.
The Utilities index in Safford is 99.
Living Expense | Safford | Arizona | National Average | |
---|---|---|---|---|
Overall | 97 | 107 | 100 | |
Services | 105 | 102 | 100 | |
Groceries | 105 | 101 | 100 | |
Health | 102 | 94 | 100 | |
Housing | 75 | 121 | 100 | |
Transportation | 95 | 105 | 100 | |
Utilities | 99 | 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 Safford is $151,300.
The Median Rent in Safford is $788.
The Median Income in Safford is $53,503.
The Home Value To Income in Safford is 2.8x.
The Rent To Monthly Income in Safford is 0.18x.
Statistic | Safford | Arizona | United States |
---|---|---|---|
Median Home Value | $151,300 | $265,600 | $244,900 |
Median Rent | $788 | $1,172 | $1,163 |
Median Income | $53,503 | $65,913 | $69,021 |
Home Value To Income | 2.8x | 4.0x | 3.5x |
Rent To Monthly Income | 0.18x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Safford. Here's a quick look at the cost of living in the most populous nearby places:
Thatcher, AZ has a cost of living index of 93, 1.0x Safford.
City | Population | Cost Of Living | Vs. Safford |
---|---|---|---|
Thatcher, AZ | 5,172 | 93 | 1.0x |