Cost of Living in Anthem, AZ

Population 22,622 · Arizona · Data vintage 2023

170
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Anthem is a smaller Arizona community of around 23000 residents, where median household incomes of $117,846 and housing costs ($516,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Located 11 miles east of Peoria, Anthem falls within that metro's commuting orbit. Median home values run roughly 20% higher than Peoria's $429,000.

Cost Overview

Housing 169
Rent 172

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Anthem

The median home value in Anthem is $516,200 — 69% above the national median of $305,000. Median rent runs $2,258/month, 72% higher than the national median of $1,314/month. The median household income of $117,846/year is 58% higher than the US median of $74,580. The local unemployment rate is 3.8%, below the national average of 4.8%. Arizona's top state income tax rate is 2.5% and the combined sales tax is 8.4%. Overall, Anthem has a cost of living index of 170 versus the US average of 100, meaning it is 70% more expensive.

🏠 Housing

Median Home Value
$516,200
69% above avg
Zillow Home Value
$563,522
Zillow ZHVI
Median Rent
$2,258/mo
72% above avg
Zillow Rent
$2,176/mo
Zillow ZORI
Price-to-Rent Ratio
19.1x
Favors buying
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$985
1 BR
$1,055
2 BR
$1,373
3 BR
$1,877
4 BR
$2,092
Owner-occupied 84.4%
Renter-occupied 15.6%

💰 Estimated Monthly Budget

Rent median rent
$2,258
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,872/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
28.7 min
6% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
28.9%

Commute Mode

Drove alone
63.8%
Carpooled
3.9%
Walked
1.0%
Work from home
28.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 2.5%
Total Sales Tax 8.4%
State rate 5.6%
Avg local rate 2.8%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$117,846
58% above avg
Per Capita Income
$55,133
Unemployment Rate
3.8%
21% below avg
Poverty Rate
2.9%
Labor Force Participation
62.7%

🎓 Education

Bachelor's degree+ 31.8%
Graduate degree 17.4%

👥 Demographics

Median Age 44.5
Male median age 44.2
Female median age 44.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 72 — Moderate
11.2%
Good air days/yr
183
Max AQI recorded
91
PM2.5 days
193
Ozone days

Frequently Asked Questions

What is the cost of living in Anthem, AZ?

Anthem has a cost index of 170 (100 = national average). It is 70% above the national average.

What is average rent in Anthem, AZ?

The median gross rent in Anthem is $2,258 per month based on 2023 Census data.

What is the average home price in Anthem?

The median home value in Anthem is $516,200 according to Zillow and Census data.

What is the median income in Anthem?

The median household income in Anthem is $117,846 per year (2023 ACS 5-year estimates).

What is the sales tax in Anthem, AZ?

The combined state and local sales tax rate in Anthem is 8.4%. The Arizona state income tax top rate is 2.5%.

Is Anthem, AZ affordable?

Anthem is above average in cost of living, with an index of 170 — about 70% higher than the national average.

Anthem at a Glance

Population
22,622
Median Income
$117,846
Home Value
$516,200
Median Rent
$2,258/mo
Unemployment
3.8%
Sales Tax
8.4%
View all cities in Arizona →
🗺️ County data for Arizona

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs