B-
4%
Overall NAT. AVG.
9%
Goods & Services NAT. AVG.
1%
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 Sierra Vista Southeast Arizona National
Cost of living104101100
Goods & Services109104100
Groceries105102100
Health care9094100
Housing9997100
Transportation108106100
Utilities10295100

An Overview of Cost of Living in Sierra Vista Southeast, AZ

Getting a feel for the cost of living in Sierra Vista Southeast is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Sierra Vista Southeast is 104, which is 4% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.

Everyday expenditures like food, housing, goods and services, transportation and health care in Sierra Vista Southeast are priced in a manner consistent with other areas. This means that residents of Sierra Vista Southeast can anticipate their daily expenses remaining reasonably similar to those in an average city, thereby supporting a manageable cost of living.

Is Sierra Vista Southeast Affordable?

Wondering if Sierra Vista Southeast is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Sierra Vista Southeast, for example, the median home price is 5.6% higher than what folks pay nationally, and monthly rent is 16.6% lower than the usual rates. Plus, income levels matter too, with Sierra Vista Southeast boasting a median household income of $65,885, which is 19.1% higher than the national average.

What Factors can Influence the Cost of Living in Sierra Vista Southeast?

Healthcare: Healthcare costs and insurance premiums can undergo substantial fluctuations based on the city or state of residence. Elements such as the availability of healthcare facilities, out-of-pocket costs for medical consultations, dental expenses, prescription medication charges and specialized medical care fees all contribute to variations in the cost of living. In Sierra Vista Southeast, healthcare costs are 10.2% lower than the national average.

Subsidies: Certain cities or states may implement government subsidies or assistance programs with the goal of alleviating the cost of living pressures on their residents. These programs encompass a broad spectrum of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas offering fewer subsidies may experience a rise in their cost of living.

Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In Sierra Vista Southeast, the groceries index registers 5.2% higher than the national average.

Where is the Data From?

The Sierra Vista Southeast cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. Published on a quarterly basis, it compiles data from more than 300 independent researchers, encompassing over 60 goods and services. These items have been meticulously selected to represent various consumer expenditure categories, in 6 categories. Weightings assigned to cost differentials draw from government survey data tracking spending patterns among professional and executive households. While the C2ER index excludes data on sales or income tax rates, AreaVibes incorporates tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in Sierra Vista Southeast is 3% higher than the Arizona average
  • The cost of living in Sierra Vista Southeast is 4% higher than the national average
  • Sierra Vista Southeast housing is 1% 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 Sierra Vista Southeast

See all the best places to live around Sierra Vista Southeast

Compare Sierra Vista Southeast, 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$73,296$6,108$1,710$2,199
      Renters$39,412$3,284$920$1,182
      A good indicator of the general affordability of housing in Sierra Vista Southeast, AZ, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Sierra Vista Southeast, the median monthly income is $73,296 for those who own their own homes. Under the standard rule, that income level would allow for $1,710 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $39,412, per the median income in the area. That would allow for renters to spend up to $920 on monthly rental expenses.

      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 Sierra Vista Southeast National avg. Difference
      Haircut $29.15$24.2620.2%
      Beauty Salon $45.06$45.561.1%
      Toothpaste $3.64$3.701.8%
      Shampoo $1.33$1.284.1%
      Movie $12.36$12.131.9%
      Bowling $13.68$18.0024.0%

      Groceries

      Item Sierra Vista Southeast National avg. Difference
      Ground Beef $6.07$5.844.0%
      Fried Chicken $1.41$1.5710.3%
      Milk $4.75$4.671.7%
      Potatoes $4.58$4.937.1%
      Pizza $12.52$12.093.6%
      Beer $11.13$10.416.9%

      Health Care

      Item Sierra Vista Southeast National avg. Difference
      Optometrist $116.73$125.687.1%
      Doctor $125.31$135.787.7%
      Dentist $101.61$113.2910.3%
      Ibuprofen $11.03$10.653.6%
      Lipitor $370.51$468.6020.9%

      Housing

      Item Sierra Vista Southeast National avg. Difference
      Home Price $195,100.00$184,700.005.6%
      Avg. Mortgage Payment $2,328.25$2,346.690.8%
      Apartment Rent $791.00$949.0016.6%

      Transportation

      Item Sierra Vista Southeast National avg. Difference
      Gasoline $4.05$3.4617.0%
      Tire Balancing $52.24$59.9212.8%

      Utilities

      Item Sierra Vista Southeast National avg. Difference
      All Electricity $198.69$193.992.4%
      Phone $193.20$192.250.5%
      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.
      Huachuca City, AZ1,954918.9%
      Miracle Valley, AZ741928.0%
      Sierra Vista, AZ43,7561033.2%
      Palominas, AZ1701109.7%
      Sierra Vista Southeast, AZ16,1521043.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Kings Park, NY16,15314545.5%
      Springfield, MB16,146n/a 
      Fairview Heights, IL16,143927.8%
      Waxhaw, NC16,16512322.9%
      Aurora, OH16,16511414.1%
      Sierra Vista Southeast, AZ16,1521043.8%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.