Cost of Living in Cave Creek, AZ

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

Cost of Living Overview

Overall Index

185.0

100 = national avg

+85.0 vs national average

Living Wage (1 Adult)

$81,402

per year

Living Wage (Family of 4)

$192,404

per year

Cost Index by Category

Housing
276.3
Food
128.4
Transportation
120.0
Healthcare
122.7
Utilities
152.3

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 Cave Creek is 185.0, which is 85.0% above the national average. Housing costs are above the national average at an index of 276.3. A single adult needs to earn approximately $81,402 per year to cover basic expenses.