Cost of Living in Mesa, AZ

With a cost of living index of 111, Mesa, AZ is somewhat more expensive than average. Living here is 11% more expensive than the national average and 22% above the Arizona state average of 89. As a major city with a population of 507,478, Mesa offers a wide range of housing options, employment opportunities, and urban amenities.

Housing costs are the biggest factor in Mesa's cost of living. The median monthly rent is $1,478 (12% above the US median of $1,319), and the median home value sits at $364,300 (19% above the national median of $304,900). At current prices, the median home costs roughly 4.6x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Mesa is $78,779, which is 5% higher than the national median of $75,149. Residents spend roughly 23% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Mesa. The area sees an average annual temperature of 75.6°F, with summers averaging 94°F and winters around 58°F. Annual rainfall totals 7.2 inches spread over roughly 33 days. Hot summers are common, which can affect utility costs and lifestyle.

Everyday prices in the Phoenix-Mesa-Chandler, 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.