Cost of Living in Cave Creek, AZ
Population 5,033 · Arizona · Data vintage 2023
(100 = US avg)
Home prices in Cave Creek run well above the national baseline, with a median of $792,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $102,589 place the city among the better-paid Arizona metros.
Geographically, Cave Creek sits roughly 13 miles northwest of Scottsdale. Median home values run roughly 12% higher than Scottsdale's $710,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Cave Creek
The median home value in Cave Creek is $791,900 — 160% above the national median of $305,000. Median rent runs $2,096/month, 60% higher than the national median of $1,314/month. The median household income of $102,589/year is 38% higher than the US median of $74,580. The local unemployment rate is 3.5%, 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, Cave Creek has a cost of living index of 220 versus the US average of 100, meaning it is 120% more expensive.
Cave Creek has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Cave Creek, AZ?
Cave Creek has a cost index of 220 (100 = national average). It is 120% above the national average.
What is average rent in Cave Creek, AZ?
The median gross rent in Cave Creek is $2,096 per month based on 2023 Census data.
What is the average home price in Cave Creek?
The median home value in Cave Creek is $791,900 according to Zillow and Census data.
What is the median income in Cave Creek?
The median household income in Cave Creek is $102,589 per year (2023 ACS 5-year estimates).
What is the sales tax in Cave Creek, AZ?
The combined state and local sales tax rate in Cave Creek is 8.4%. The Arizona state income tax top rate is 2.5%.
Is Cave Creek, AZ affordable?
Cave Creek is above average in cost of living, with an index of 220 — about 120% higher than the national average.
Cave Creek at a Glance
- Population
- 5,033
- Median Income
- $102,589
- Home Value
- $791,900
- Median Rent
- $2,096/mo
- Unemployment
- 3.5%
- Sales Tax
- 8.4%
Nearby Cities
Explore county-level cost of living data
Arizona Rankings
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