Cost of Living in Heber-Overgaard, AZ

With a cost of living index of 79, Heber-Overgaard, AZ is a very affordable place to live. Living here is 21% cheaper than the national average and 10% below the Arizona state average of 89. Heber-Overgaard is a small community of 3,216 residents.

Housing costs are the biggest factor in Heber-Overgaard's cost of living. The median monthly rent is $741 (44% below the US median of $1,319), and the median home value sits at $281,600 (8% below the national median of $304,900). At current prices, the median home costs roughly 5x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Heber-Overgaard is $56,667, which is 25% lower than the national median of $75,149. Residents spend roughly 16% 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 Heber-Overgaard. The area sees an average annual temperature of 56.7°F, with summers averaging 77°F and winters around 37°F. Annual rainfall totals 6.5 inches spread over roughly 49 days.

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.