Cost of Living in Tucson, AZ
2024 data from the Bureau of Economic Analysis
Cost Index
96.9
3.1% below avg
Housing Index
91.8
Median Income
$64,323
Median Rent
$1,071/mo
Cost Breakdown
Overall96.9 (-3.1%)
Housing91.8 (-8.2%)
Goods96.2 (-3.8%)
Utilities89.5 (-10.5%)
Other Services99.8 (-0.2%)
National average = 100
Income & Housing
Median Household Income
$64,323/year
Median Home Value
$258,300
Median Monthly Rent
$1,071/mo
Per Capita Income
$36,494/year
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Frequently Asked Questions
Is Tucson, AZ expensive to live in?
Tucson, AZ has a cost of living index of 96.9, which is 3.1% below the national average.
How much does housing cost in Tucson, AZ?
Housing costs in Tucson, AZ are indexed at 91.8 compared to the national average of 100. The median monthly rent is $1,071.
What is the average income in Tucson, AZ?
The median household income in Tucson, AZ is $64,323 per year.
What is the average home price in Tucson, AZ?
The median home value in Tucson, AZ is $258,300.