Patagonia, AZ vs Star Valley, AZ
Patagonia, AZ and Star Valley, AZ have a very similar cost of living, with only a 2.2% difference in their overall index. Patagonia scores 86 while Star Valley scores 88 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.
Renters will find that Patagonia has a median rent of $827/month while Star Valley comes in at $966/month, a 14% difference.
Median household income in Patagonia is $29,844 compared to $66,075 in Star Valley (-54.8%). While Star Valley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Patagonia spend roughly 33.3% of their income on rent, more than the 17.5% in Star Valley. The Star Valley ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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