Cost of Living in Florence, AZ
Population 25,961 · Arizona · Data vintage 2023
(100 = US avg)
The Florence cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $323,000, rents near $1,163 a month. Unemployment has stayed elevated relative to the national figure — 6.4% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Located 11 miles southeast of San Tan Valley, Florence falls within that metro's commuting orbit. Median home values run roughly 12% lower than San Tan Valley's $366,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Florence
The median home value in Florence is $322,600 — 6% above the national median of $305,000. Median rent runs $1,163/month, 11% lower than the national median of $1,314/month. The median household income of $76,259/year is 2% higher than the US median of $74,580. The local unemployment rate is 6.4%, above 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, Florence has a cost of living index of 99 versus the US average of 100, meaning it is 1% less expensive.
🏠 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 Florence, AZ?
Florence has a cost index of 99 (100 = national average). It is 1% below the national average.
What is average rent in Florence, AZ?
The median gross rent in Florence is $1,163 per month based on 2023 Census data.
What is the average home price in Florence?
The median home value in Florence is $322,600 according to Zillow and Census data.
What is the median income in Florence?
The median household income in Florence is $76,259 per year (2023 ACS 5-year estimates).
What is the sales tax in Florence, AZ?
The combined state and local sales tax rate in Florence is 8.4%. The Arizona state income tax top rate is 2.5%.
Is Florence, AZ affordable?
Florence is near the national average in terms of cost of living, with an index of 99 (100 = US average).
Florence at a Glance
- Population
- 25,961
- Median Income
- $76,259
- Home Value
- $322,600
- Median Rent
- $1,163/mo
- Unemployment
- 6.4%
- Sales Tax
- 8.4%
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Arizona Rankings
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