Cost of Living in Pima, AZ
Population: 2,910 | Arizona
Pima is 13% less expensive than the national average.
Cost of Living in Pima, AZ: What You Need to Know
With a cost of living index of 87, Pima, AZ is a very affordable place to live. Living here is 13% cheaper than the national average and in line with the Arizona state average. Pima is a small community of 2,910 residents.
Housing costs are the biggest factor in Pima's cost of living. The median monthly rent is $1,047 (21% below the US median of $1,319), and the median home value sits at $261,700 (14% below the national median of $304,900). At current prices, the median home costs roughly 2.7x the median household income — well within traditional affordability guidelines.
The median household income in Pima is $97,238, which is 29% higher than the national median of $75,149. Residents spend roughly 13% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.
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
- $97,238
- vs US Median ($75,149)
- +29%
Housing
- Median Rent
- $1,047/mo
- Median Home Value
- $261,700
- Median Monthly Housing Cost
- $1,108/mo