Globe, AZ vs New River, AZ
The cost of living difference between Globe, AZ and New River, AZ is dramatic. Globe is 42.3% cheaper than New River, a gap that translates to thousands of dollars per year in household expenses. Globe has a cost index of 82 while New River sits at 142, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.
On the housing front, median rent in Globe is $909/month compared to $1,837/month in New River — a 51% difference. Home values follow the same pattern: Globe is more affordable at $214,800 median vs $603,700.
Median household income in Globe is $66,545 compared to $120,279 in New River (-44.7%). While New River is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Globe spend roughly 16.4% of their income on rent, less than the 18.3% in New River.
Climate-wise, New River is notably warmer with an average of 72.5°F compared to 57°F in Globe. Globe receives more rainfall at 19.8" per year compared to 8.9" in New River.
Income & Cost
Housing
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Rent by Bedroom Size
HUD Fair Market Rent (FY 2026) — metro area average
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)