Cost of Living in Sun Lakes, AZ

Population 14,079 · Arizona · Data vintage 2023

141
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

With a median age of 73, Sun Lakes functions largely as a retirement market. Housing costs — $426,000 for a typical home — anchor most household budgets, and the state's treatment of pension income tends to matter more than wage-driven tax comparisons. Rental affordability is stretched — $1,875/month works out to about 35% of median household income, above the 30% "cost-burdened" line.

Geographically, Sun Lakes sits roughly 5 miles south of Chandler. Median home values run roughly 9% lower than Chandler's $470,000.

Cost Overview

Housing 140
Rent 143

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

About the Cost of Living in Sun Lakes

The median home value in Sun Lakes is $425,500 — 40% above the national median of $305,000. Median rent runs $1,875/month, 43% higher than the national median of $1,314/month. The median household income of $63,545/year is 15% lower than the US median of $74,580. The local unemployment rate is 4.5%, 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, Sun Lakes has a cost of living index of 141 versus the US average of 100, meaning it is 41% more expensive.

🏠 Housing

Median Home Value
$425,500
40% above avg
Median Rent
$1,875/mo
43% above avg
Price-to-Rent Ratio
18.9x
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 87.5%
Renter-occupied 12.5%

💰 Estimated Monthly Budget

Rent median rent
$1,875
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,489/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
24.3 min
10% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
21.2%

Commute Mode

Drove alone
69.8%
Carpooled
1.9%
Bicycle
0.9%
Work from home
21.2%

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
$63,545
15% below avg
Per Capita Income
$53,743
Unemployment Rate
4.5%
5% below avg
Poverty Rate
9.9%
Labor Force Participation
21.1%

🎓 Education

Bachelor's degree+ 23.4%
Graduate degree 16.4%

👥 Demographics

Median Age 73.4
Male median age 74.1
Female median age 72.9

💨 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 Sun Lakes, AZ?

Sun Lakes has a cost index of 141 (100 = national average). It is 41% above the national average.

What is average rent in Sun Lakes, AZ?

The median gross rent in Sun Lakes is $1,875 per month based on 2023 Census data.

What is the average home price in Sun Lakes?

The median home value in Sun Lakes is $425,500 according to 2023 Census ACS data.

What is the median income in Sun Lakes?

The median household income in Sun Lakes is $63,545 per year (2023 ACS 5-year estimates).

What is the sales tax in Sun Lakes, AZ?

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

Is Sun Lakes, AZ affordable?

Sun Lakes is above average in cost of living, with an index of 141 — about 41% higher than the national average.

Sun Lakes at a Glance

Population
14,079
Median Income
$63,545
Home Value
$425,500
Median Rent
$1,875/mo
Unemployment
4.5%
Sales Tax
8.4%
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🗺️ County data for Arizona

Explore county-level cost of living data

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