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Cost of Living in Parks, AZ

Population: 1,514 | Arizona

118
Cost of Living Index
US Average = 100

Parks is 18% more expensive than the national average.

100
Housing
185
Home Values
92
Regional Price

Cost of Living in Parks, AZ: What You Need to Know

With a cost of living index of 118, Parks, AZ is a notably expensive place to live. Living here is 18% more expensive than the national average and 29% above the Arizona state average of 89. Parks is a small community of 1,514 residents.

The median household income in Parks is $90,625, which is 21% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.

Everyday prices in the Flagstaff, 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.

Income

Median Household Income
$90,625
vs US Median ($75,149)
+21%

Housing

Median Home Value
$562,900
Median Monthly Housing Cost
$1,168/mo

Everyday Prices in Parks

BLS Average Prices for the Flagstaff, AZ (Metropolitan Statistical Area) area

$2.97
Gasoline (regular)
per gallon
-3% vs US
🥚
$2.42
Eggs (grade A, large)
per dozen
-3% vs US
🥛
$3.90
Milk (whole)
per gallon
-3% vs US
🍞
$1.79
Bread (white)
per lb
-3% vs US
🍗
$4.01
Chicken breast
per lb
-3% vs US
$0.16
Electricity
per kWh
-15% vs US

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