Cost of Living in Rainbow City, AZ

A+
14%
Overall NAT. AVG.
15%
Goods & Services NAT. AVG.
71%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Rainbow City Arizona National
Cost of living86101100
Goods & Services115104100
Groceries103102100
Health care9894100
Housing2997100
Transportation124106100
Utilities9895100
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Cost Of Living Quick Facts

  • The cost of living in Rainbow City is 14% lower than the Arizona average
  • The cost of living in Rainbow City is 14% lower than the national average
  • Rainbow City housing is 71% lower than the national average
  • Arizona general sales tax is 10% higher than the national average
  • Arizona state income tax is 4% lower than the national average

Most Affordable Places to Live in and Around Rainbow City

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Compare Rainbow City, AZ Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$28,580$2,382$667$857
      Renters$23,864$1,989$557$716

      Arizona Sales Tax

      State General Sales Tax With Max Surtax
      Arizona 5.6% 10.725%

      Arizona Income Tax

      State Income Tax (Low) Income Tax (High)
      Arizona 2.5% 2.5%

      Goods & Services

      Item Rainbow City National avg. Difference
      Haircut $31.99$24.2631.9%
      Beauty Salon $51.63$45.5613.3%
      Toothpaste $3.74$3.701.1%
      Shampoo $1.24$1.283.3%
      Movie $12.43$12.132.5%
      Bowling $24.03$18.0033.5%

      Groceries

      Item Rainbow City National avg. Difference
      Ground Beef $5.75$5.841.5%
      Fried Chicken $1.47$1.576.7%
      Milk $4.84$4.673.5%
      Potatoes $4.54$4.937.9%
      Pizza $13.22$12.099.3%
      Beer $11.37$10.419.2%

      Health Care

      Item Rainbow City National avg. Difference
      Optometrist $105.08$125.6816.4%
      Doctor $126.58$135.786.8%
      Dentist $108.47$113.294.3%
      Ibuprofen $10.93$10.652.6%
      Lipitor $529.92$468.6013.1%

      Housing

      Item Rainbow City National avg. Difference
      Home Price $53,900.00$184,700.0070.8%
      Avg. Mortgage Payment $2,990.52$2,346.6927.4%
      Apartment Rent $0.00$949.00100.0%

      Transportation

      Item Rainbow City National avg. Difference
      Gasoline $4.47$3.4629.1%
      Tire Balancing $66.63$59.9211.2%

      Utilities

      Item Rainbow City National avg. Difference
      All Electricity $193.37$193.990.3%
      Phone $184.32$192.254.1%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Cutter, AZ15111110.6%
      Peridot, AZ1,4168118.8%
      San Carlos, AZ4,5558613.8%
      Rainbow City, AZ8698613.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Alpaugh, CA869927.7%
      Matherville, IL8698614.3%
      Odell, IL8698515.2%
      Finzel, MD8691000.0%
      Velda Village Hills, MO8698020.3%
      Rainbow City, AZ8698613.8%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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