Chandler, Arizona is a bustling city with a diverse population, a revitalized downtown, shopping malls, delicious restaurants, new parks, cafes and annual events. It has been named an All-America City by the National Civic League and is the only Arizona city to win the 61st annual edition of the awards. With a population of more than 257,000, Chandler is growing at a rate of 1.42% per year and is one of the best places to live in Arizona. Recognized as a decent-sized suburb, Chandler is the fourth largest city in Arizona and one of the country's fastest-growing technology and innovation centers.
The area receives zero inches of snow a year, making it warmer than most other places in Arizona. But what about the cost of living?As an expert in the field of economics, I can tell you that the cost of living in Chandler is slightly higher than the national average. According to Numbeo, the cost of living index in Chandler is 107.7, which is 7.7% higher than the national average. This means that basic goods and services are 7.7% more expensive in Chandler than they are nationally.
Housing costs are one of the biggest factors that contribute to the cost of living in Chandler. The median home value in Chandler is $323,000, which is significantly higher than the national median home value of $184,700. Renting an apartment in Chandler can also be expensive; the median rent for a one-bedroom apartment is $1,100 per month. Utilities are also more expensive in Chandler than they are nationally.
The average monthly cost for utilities such as electricity, heating, water and garbage for a 915-square-foot apartment is $150. This is 8% higher than the national average of $139. The cost of transportation in Chandler is also slightly higher than the national average. The average price for a gallon of gas in Chandler is $2.60, which is 6% higher than the national average of $2.45 per gallon. Public transportation costs are also slightly higher; a one-way ticket on public transportation costs $1.50 compared to the national average of $1.25. Overall, living in Chandler can be expensive due to its high housing costs and other factors such as utilities and transportation costs.
However, there are ways to save money while living in Chandler such as taking advantage of discounts offered by local businesses or taking public transportation instead of driving. In conclusion, it's important to consider all factors when deciding whether or not to move to Chandler. While it may be more expensive than other cities in Arizona or nationally, there are still ways to save money while living there.
