Cost of Living in Florence, AZ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
119.8
100 = national avg
+19.8 vs national average
Living Wage (1 Adult)
$52,716
per year
Living Wage (Family of 4)
$124,601
per year
Cost Index by Category
Housing138.4
Food108.3
Transportation104.7
Healthcare106.6
Utilities112.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,583
per month
2 Bedroom
$1,839
per month
The overall cost of living index in Florence is 119.8, which is 19.8% above the national average. Housing costs are above the national average at an index of 138.4. A single adult needs to earn approximately $52,716 per year to cover basic expenses.