Cost of Living in Rio Verde, AZ
Population: 2,271 | Arizona
Rio Verde is 36% more expensive than the national average.
Cost of Living in Rio Verde, AZ: What You Need to Know
With a cost of living index of 136, Rio Verde, AZ is a notably expensive place to live. Living here is 36% more expensive than the national average and 47% above the Arizona state average of 89. Rio Verde is a small community of 2,271 residents.
The median household income in Rio Verde is $141,020, which is 88% 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 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.
Income
- Median Household Income
- $141,020
- vs US Median ($75,149)
- +88%
Housing
- Median Home Value
- $728,300
- Median Monthly Housing Cost
- $1,081/mo
Everyday Prices in Rio Verde
BLS Average Prices for the Phoenix-Mesa-Chandler, AZ (Metropolitan Statistical Area) area