Cost of Living in Indian Wells, AZ

With a cost of living index of 72, Indian Wells, AZ is one of the most affordable cities in the country. Living here is 28% cheaper than the national average and 17% below the Arizona state average of 89. Indian Wells is a small community of 325 residents.

Housing costs are the biggest factor in Indian Wells's cost of living. The median monthly rent is $1,088 (18% below the US median of $1,319), and the median home value sits at $72,200 (76% below the national median of $304,900). At current prices, the median home costs roughly 1.6x the median household income — well within traditional affordability guidelines.

The median household income in Indian Wells is $45,938, which is 39% lower than the national median of $75,149. Residents spend roughly 28% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. 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 Indian Wells. 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.