Cost of Living
A family's overall expenses to maintain a livable standard of living in a particular location are reported in a statistic known as the "Cost of Living." Cost of Living is an important factor to consider when assessing the financial benefits of moving to a new location.
Buying a home in Santa Cruz, Arizona? Check out our Cost of Living in Santa Cruz, AZ blog post for more information. We've gathered data from a variety of sources, including bestplaces.net and numbeo.com, to show how various factors affect the overall costs families face in the area.
You can get in touch with us at any time if you have any more questions about finding a house in the area for your family. It would be our pleasure to assist you in your search for a new home in Santa Cruz.
Cost of Living Index
The Santa Cruz County, Arizona, Cost of Living Index is a tally of the various factors that go into determining that figure. The national average is used as a baseline and is set at 100 points in the scoring system.
Costs for a particular category will be higher than the national average if an area is rated above 100. Residents can expect lower costs if the number is lower.
Living in Santa Cruz County, Arizona
Nogales and Santa Cruz de Santa Cruz are the most well-known border cities in Santa Cruz County, which has a long border history. For those who plan to relocate to the area, here are some important facts to keep in mind.
Since last year, the Santa Cruz County job market has grown by 0.3 percent and is expected to grow by 12.9 percent over the next decade.
Residents of Santa Cruz earn an average of $17,900 per year, while the median household income is $38,802.
The region's tax rates include a 7.6 percent sales tax and a 4.2 percent income tax.
Retail accounts for 17.5% of Santa Cruz's economy, along with 10.2% of the education sector, 9.6% of the wholesale trading sector, 8.6% of the healthcare and social services sector, and 8.3% of the public sector. In comparison, transportation and warehousing accounted for 6.3% of the economy.
The Santa Cruz Center's public resources on the region's transportation industry are a great place to start.
South of the state's capital city, Santa Cruz is a county that shares a border with Mexico. To get to Nogales, Mexico, you'll need to take Interstate 19, which begins here. The area is a well-established border community with a fascinating history and a burgeoning economy. Along with Rio Rico and Nogales, the county seat of Nogales is located in Amado. Real estate options for families moving to Santa Cruz are plentiful. Homebuyers can choose from a wide variety of subdivision types, including traditional suburban areas as well as upscale golf and country club developments.
A look at Santa Cruz, Arizona's housing market stats as of this writing shows that:
*Median Home Price: $190,800
*10-year Home Appreciation Rate: 101.3%
*Appreciation Rate Last Year: 12.2%
*Home Ownership Percentage: 58.5
*Vacant Housing: 13.5%
*Rented Properties: $28.0%
*Median Rent: $1,770
To learn more about the housing market or to find a local realtor to assist you in your home purchase, please don't hesitate to contact us. Your questions are welcome, and we'll do our best to find a home that meets your specific needs.
When relocating to a new area, healthcare is a major consideration. Even if you have a medical condition that requires specialized facilities and services, this is especially true. Medical facilities near Rio Rico and Tubac have been compiled for those who intend to relocate there. For more information, visit our Knowledge Center. Nogales and other southern areas of the county have a number of healthcare facilities worth investigating if you decide to relocate there. The Holy Cross Hospital, a 25-bed intensive care facility, is the city's largest hospital.
Commuters in Santa Cruz County and the Nogales metropolitan area experience similar travel times. More than a dozen percent of the city's residents make the six- to nine-minute commute. A ten-to-14-minute commute for 18% of workers and a 20-to-24-minute commute for 16.2% of workers is typical. There is 19.7 percent of residents in the county who commute to work, and it takes them an average of 15 to 19 minutes to get there. 83.9 percent of Santa Cruz County residents rely on their own vehicles to get around. Public transportation is used by only 0.3 percent of the population in the area. There is an average of $3.63 per gallon of gas in Santa Cruz.
Santa Cruz County, Arizona is home to a large number of households, all of which are served by a variety of utility companies. Various service providers in the area can be found on this list provided by the County Office in your area. The Road Maintenance Division of the Santa Cruz County Public Works Office is responsible for maintaining the region's extensive road network. Flood Control and Solid Waste Management are two of the office's other divisions.
Compared to the rest of Arizona and the rest of the country, grocery shopping and other miscellaneous expenses in Santa Cruz County, Arizona, are quite reasonable. Moving to the area can save you a significant amount of money on your daily expenses. Typical restaurant meals in Nogales cost around $10.00, while fast-food meals cost around $6.00.
The following prices apply to common grocery items:
*1 kg Chicken $6.61
*1 kg Beef $7.72
You can expect to pay about $15.00 to join a gym. The average price per person for a movie ticket is $5.00.
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If you require a Buyer's Agent to represent you during your transaction, please feel free to contact our office at 520-604-6853. We would be glad to work with you to get the best deal possible for your transaction.
Magic Land Realty & Investments
29 Tubac Plz. Suite #2,
Tubac, AZ 85646