Cost of Living in Carefree, AZ

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

224.8

100 = national avg

+124.8 vs national average

Living Wage (1 Adult)

$98,924

per year

Living Wage (Family of 4)

$233,821

per year

Cost Index by Category

Housing
297.8
Food
158.0
Transportation
216.0
Healthcare
146.4
Utilities
174.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,583

per month

2 Bedroom

$1,839

per month

The overall cost of living index in Carefree is 224.8, which is 124.8% above the national average. Housing costs are above the national average at an index of 297.8. A single adult needs to earn approximately $98,924 per year to cover basic expenses.