Cost of living in Tanque Verde 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 Tanque Verde 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 Tanque Verde is 127, with 100 being the average.
The cost of living index in Tanque Verde is 1.3x higher than the national average.
Tanque Verde ranks as the #87 cheapest in Arizona out of 94.
Tanque Verde ranks as the #5,140 cheapest out of 6,412 in the US.
The median home value in Tanque Verde is $435,500.
The median income in Tanque Verde is $107,358.
According to the most recent data on the cost of living, Tanque Verde has an overall cost of living index of 127, which is 1.3x higher than the national index of 100.
Compared to Arizona, Tanque Verde has a cost of living index that's 1.2x higher than Arizona's index of 107.
The standard of living in Tanque Verde ranks as #87 most affordable out of the 94 places we measured in Arizona. By definition, that implies Tanque Verde ranks as the #7 most expensive place in the Grand Canyon State.
For more reading on life in Tanque Verde, check out:
Six factors go into calculating the cost of living index in Tanque Verde. Here is how it fairs on each of the criteria:
The Services index in Tanque Verde is 106.
The Groceries index in Tanque Verde is 106.
The Health index in Tanque Verde is 102.
The Housing index in Tanque Verde is 191.
The Transportation index in Tanque Verde is 97.
The Utilities index in Tanque Verde is 99.
Living Expense | Tanque Verde | Arizona | National Average | |
---|---|---|---|---|
Overall | 127 | 107 | 100 | |
Services | 106 | 102 | 100 | |
Groceries | 106 | 101 | 100 | |
Health | 102 | 94 | 100 | |
Housing | 191 | 121 | 100 | |
Transportation | 97 | 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 Tanque Verde is $435,500.
The Median Rent in Tanque Verde is $1,767.
The Median Income in Tanque Verde is $107,358.
The Home Value To Income in Tanque Verde is 4.1x.
The Rent To Monthly Income in Tanque Verde is 0.2x.
Statistic | Tanque Verde | Arizona | United States |
---|---|---|---|
Median Home Value | $435,500 | $265,600 | $244,900 |
Median Rent | $1,767 | $1,172 | $1,163 |
Median Income | $107,358 | $65,913 | $69,021 |
Home Value To Income | 4.1x | 4.0x | 3.5x |
Rent To Monthly Income | 0.2x | 0.21x | 0.2x |
Item | Tanque Verde | Arizona |
---|---|---|
Shampoo | $1.03 | $1.06 |
Movie | $10.51 | $10.68 |
Bowling | $9.25 | $14.67 |
Haircut | $19.81 | $18.62 |
Beauty Salon | $51.51 | $39.05 |
Item | Tanque Verde | Arizona |
---|---|---|
Ground Beef | $4.86 | $4.22 |
Fried Chicken | $1.65 | $1.39 |
Milk | $1.59 | $2.05 |
Potatoes | $2.39 | $3.29 |
Pizza | $12.99 | $10.62 |
Beer | $9.69 | $9.38 |
Toothpaste | $2.18 | $2.34 |
Item | Tanque Verde | Arizona |
---|---|---|
Optometrist | $96.0 | $108.57 |
Doctor | $138.05 | $116.17 |
Dentist | $91.2 | $99.13 |
Item | Tanque Verde | Arizona |
---|---|---|
Gasoline | $2.14 | $2.22 |
Tire Balancing | $48.58 | $50.07 |
Item | Tanque Verde | Arizona |
---|---|---|
All Electricity | $169.46 | $167.67 |
Phone | $185.54 | $175.64 |
The cost of living varies in the cities and towns around Tanque Verde. Here's a quick look at the cost of living in the most populous nearby places:
Tucson, AZ has a cost of living index of 95, 0.7x Tanque Verde.
Casas Adobes, AZ has a cost of living index of 103, 0.8x Tanque Verde.
Catalina Foothills, AZ has a cost of living index of 127, 1.0x Tanque Verde.
City | Population | Cost Of Living | Vs. Tanque Verde |
---|---|---|---|
Tucson, AZ | 538,167 | 95 | 0.7x |
Casas Adobes, AZ | 70,224 | 103 | 0.8x |
Catalina Foothills, AZ | 50,096 | 127 | 1.0x |
Oro Valley, AZ | 46,515 | 113 | 0.9x |
Drexel Heights, AZ | 30,599 | 91 | 0.7x |
Flowing Wells, AZ | 16,965 | 88 | 0.7x |
Vail, AZ | 14,715 | 111 | 0.9x |
Saddlebrooke, AZ | 11,252 | 122 | 1.0x |
Catalina, AZ | 6,472 | 96 | 0.8x |
Rincon Valley, AZ | 5,304 | 121 | 1.0x |