Cost of Living in Rainbow City, AZ
Population: 901 | Arizona
Rainbow City is 19% less expensive than the national average.
Cost of Living in Rainbow City, AZ: What You Need to Know
With a cost of living index of 81, Rainbow City, AZ is a very affordable place to live. Living here is 19% cheaper than the national average and 8% below the Arizona state average of 89. Rainbow City is a small community of 901 residents.
The median household income in Rainbow City is $16,953, which is 77% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
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
- $16,953
- vs US Median ($75,149)
- -77%
Housing
- Median Home Value
- $92,700
- Median Monthly Housing Cost
- $277/mo