Cost of Living in Verde Village, AZ
Population 12,662 · Arizona · Data vintage 2023
(100 = US avg)
Verde Village 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.
Verde Village is about 65 miles north of Peoria, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 23% lower than Peoria's $429,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Verde Village
The median home value in Verde Village is $329,300 — 8% above the national median of $305,000. Median rent runs $1,154/month, 12% lower than the national median of $1,314/month. The median household income of $71,352/year is 4% lower than the US median of $74,580. The local unemployment rate is 5.4%, 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, Verde Village has a cost of living index of 100 versus the US average of 100, meaning it is on par with the national average.
🏠 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 Verde Village, AZ?
Verde Village has a cost index of 100 (100 = national average). It is near the national average.
What is average rent in Verde Village, AZ?
The median gross rent in Verde Village is $1,154 per month based on 2023 Census data.
What is the average home price in Verde Village?
The median home value in Verde Village is $329,300 according to 2023 Census ACS data.
What is the median income in Verde Village?
The median household income in Verde Village is $71,352 per year (2023 ACS 5-year estimates).
What is the sales tax in Verde Village, AZ?
The combined state and local sales tax rate in Verde Village is 8.4%. The Arizona state income tax top rate is 2.5%.
Is Verde Village, AZ affordable?
Verde Village is near the national average in terms of cost of living, with an index of 100 (100 = US average).
Verde Village at a Glance
- Population
- 12,662
- Median Income
- $71,352
- Home Value
- $329,300
- Median Rent
- $1,154/mo
- Unemployment
- 5.4%
- Sales Tax
- 8.4%
Nearby Cities
Explore county-level cost of living data
Arizona Rankings
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