Cost of Living in Circle City, AZ

With a cost of living index of 75, Circle City, AZ is a very affordable place to live. Living here is 25% cheaper than the national average and 14% below the Arizona state average of 89. Circle City is a small community of 857 residents.

Housing costs are the biggest factor in Circle City's cost of living. The median monthly rent is $925 (30% below the US median of $1,319), and the median home value sits at $164,600 (46% below the national median of $304,900). At current prices, the median home costs roughly 4.8x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Circle City is $34,056, which is 55% lower than the national median of $75,149. Residents spend roughly 33% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Circle City. The area sees an average annual temperature of 72.5°F, with summers averaging 90°F and winters around 55°F. Annual rainfall totals 8.9 inches spread over roughly 35 days. Hot summers are common, which can affect utility costs and lifestyle.

Everyday prices in the Prescott Valley-Prescott, AZ (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.