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Bisbee, AZ vs Red Lake, AZ

73
Bisbee
Arizona
VS
-23.2%
96
Red Lake
Arizona

There is a significant gap in the cost of living between these two cities. Bisbee is 23.2% cheaper than Red Lake. With a cost index of 73 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bisbee to Red Lake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bisbee is $846/month compared to $1,281/month in Red Lake — a 34% difference. Home values follow the same pattern: Bisbee is more affordable at $209,600 median vs $299,300.

Median household income in Bisbee is $46,689 compared to $86,125 in Red Lake (-45.8%). While Red Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bisbee spend roughly 21.7% of their income on rent, more than the 17.8% in Red Lake.

Income & Cost

Cost of Living Index
Bisbee
73
23% cheaper
Red Lake
96
Median Household Income
Bisbee
$46,689
Red Lake
$86,125
46% higher

Housing

Median Rent
Bisbee
$846
34% cheaper
Red Lake
$1,281
Median Home Value
Bisbee
$209,600
30% cheaper
Red Lake
$299,300
Population
Bisbee
4,963
Red Lake
1,764

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Bisbee $2.97
Red Lake $2.97
US $3.07
🥚
Eggs (grade A, large)
Bisbee $2.42
Red Lake $2.42
US $2.50
🥛
Milk (whole)
Bisbee $3.90
Red Lake $3.90
US $4.03
🍞
Bread (white)
Bisbee $1.79
Red Lake $1.79
US $1.85
🍗
Chicken breast
Bisbee $4.01
Red Lake $4.01
US $4.14
Electricity
Bisbee $0.16
Red Lake $0.16
US $0.19