Cost of Living in Low Mountain, AZ

With a cost of living index of 77, Low Mountain, AZ is a very affordable place to live. Living here is 23% cheaper than the national average and 12% below the Arizona state average of 89. Low Mountain is a small community of 567 residents.

Housing costs are the biggest factor in Low Mountain's cost of living. The median monthly rent is $1,108 (16% below the US median of $1,319), and the median home value sits at $121,400 (60% below the national median of $304,900). At current prices, the median home costs roughly 6.6x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Low Mountain is $18,472, which is 75% lower than the national median of $75,149. Residents spend roughly 72% of household income on rent. This is well above the 30% affordability threshold, indicating a significant housing cost burden for many residents. 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 Low Mountain. The area sees an average annual temperature of 49.2°F, with summers averaging 68°F and winters around 31°F. Annual rainfall totals 11.4 inches spread over roughly 76 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.