Cost of Living in Gilbert, AZ

Population 271,118 · Arizona · Data vintage 2023

164
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Gilbert's cost indicators track within a reasonable band of national figures, with median household incomes near $121,351 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Cost Overview

Housing 170
Rent 154

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

About the Cost of Living in Gilbert

The median home value in Gilbert is $518,600 — 70% above the national median of $305,000. Median rent runs $2,028/month, 54% higher than the national median of $1,314/month. The median household income of $121,351/year is 63% higher than the US median of $74,580. The local unemployment rate is 3.3%, 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, Gilbert has a cost of living index of 164 versus the US average of 100, meaning it is 64% more expensive.

🏠 Housing

Median Home Value
$518,600
70% above avg
Zillow Home Value
$570,460
Zillow ZHVI
Median Rent
$2,028/mo
54% above avg
Zillow Rent
$2,049/mo
Zillow ZORI
Price-to-Rent Ratio
21.3x
Favors renting
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 73.9%
Renter-occupied 26.1%

💰 Estimated Monthly Budget

Rent median rent
$2,028
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,642/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
28.1 min
4% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
23.6%

Commute Mode

Drove alone
65.8%
Carpooled
7.3%
Public transit
0.4%
Walked
0.8%
Bicycle
0.3%
Work from home
23.6%

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
$121,351
63% above avg
Per Capita Income
$49,825
Unemployment Rate
3.3%
31% below avg
Poverty Rate
5.1%
Labor Force Participation
72.0%

🎓 Education

Bachelor's degree+ 30.7%
Graduate degree 16.7%

👥 Demographics

Median Age 35.7
Male median age 35.1
Female median age 36.3

💨 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 Gilbert, AZ?

Gilbert has a cost index of 164 (100 = national average). It is 64% above the national average.

What is average rent in Gilbert, AZ?

The median gross rent in Gilbert is $2,028 per month based on 2023 Census data.

What is the average home price in Gilbert?

The median home value in Gilbert is $518,600 according to Zillow and Census data.

What is the median income in Gilbert?

The median household income in Gilbert is $121,351 per year (2023 ACS 5-year estimates).

What is the sales tax in Gilbert, AZ?

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

Is Gilbert, AZ affordable?

Gilbert is above average in cost of living, with an index of 164 — about 64% higher than the national average.