Cost of Living in El Prado Estates, AZ

With a cost of living index of 84, El Prado Estates, AZ is a very affordable place to live. Living here is 16% cheaper than the national average and 5% below the Arizona state average of 89. El Prado Estates is a small community of 390 residents.

The median household income in El Prado Estates is $46,071, which is 39% lower than the national median of $75,149. Residents spend roughly 24% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. 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 El Prado Estates. The area sees an average annual temperature of 76°F, with summers averaging 93°F and winters around 59°F. Annual rainfall totals 3.3 inches spread over roughly 17 days. Hot summers are common, which can affect utility costs and lifestyle.

Everyday prices in the Yuma, 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.