Elephant Head, AZ vs Tonto Basin, AZ

Elephant Head, AZ and Tonto Basin, AZ have a very similar cost of living, with only a 3.1% difference in their overall index. Elephant Head scores 97 while Tonto Basin scores 94 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

When it comes to buying, median home values in Elephant Head are $292,600 compared to $253,400 in Tonto Basin, a 16% gap.

Median household income in Elephant Head is $51,103 compared to $50,871 in Tonto Basin (+0.5%). Elephant Head does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.