Cost of Living in Taylor, AZ

Population 4,091 · Arizona · Data vintage 2023

83
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Taylor sits on the smaller end of the Arizona city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 2.5% points to a labor market well on the tight side of the national distribution.

Taylor lies roughly 115 miles northeast of the nearest major metro, Scottsdale — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 59% lower than Scottsdale's $710,000.

Cost Overview

Housing 95
Rent 65

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

About the Cost of Living in Taylor

The median home value in Taylor is $289,600 — 5% below the national median of $305,000. Median rent runs $857/month, 35% lower than the national median of $1,314/month. The median household income of $69,945/year is 6% lower than the US median of $74,580. The local unemployment rate is 2.5%, 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, Taylor has a cost of living index of 83 versus the US average of 100, meaning it is 17% less expensive.

🏠 Housing

Median Home Value
$289,600
5% below avg
Zillow Home Value
$296,305
Zillow ZHVI
Median Rent
$857/mo
35% below avg
Price-to-Rent Ratio
28.2x
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 83.3%
Renter-occupied 16.7%

💰 Estimated Monthly Budget

Rent median rent
$857
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,471/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
27.3 min
1% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.4%

Commute Mode

Drove alone
75.8%
Carpooled
7.8%
Work from home
16.4%

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
$69,945
6% below avg
Per Capita Income
$28,026
Unemployment Rate
2.5%
47% below avg
Poverty Rate
14.1%
Labor Force Participation
50.1%

🎓 Education

Bachelor's degree+ 16.1%
Graduate degree 4.9%

👥 Demographics

Median Age 44.3
Male median age 40.3
Female median age 48.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
79.7%
Good air days/yr
84
Max AQI recorded
2
PM2.5 days
357
Ozone days

Frequently Asked Questions

What is the cost of living in Taylor, AZ?

Taylor has a cost index of 83 (100 = national average). It is 17% below the national average.

What is average rent in Taylor, AZ?

The median gross rent in Taylor is $857 per month based on 2023 Census data.

What is the average home price in Taylor?

The median home value in Taylor is $289,600 according to Zillow and Census data.

What is the median income in Taylor?

The median household income in Taylor is $69,945 per year (2023 ACS 5-year estimates).

What is the sales tax in Taylor, AZ?

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

Is Taylor, AZ affordable?

Yes, Taylor is generally considered affordable, with a cost of living index of 83 — about 17% below the US national average of 100.