What is the cost of living in Gilbert, Arizona?

Nov 14, 2021 | Arizona

Are you a homeowner searching for the cost of living in Gilbert? Gilbert lies just southeast of Phoenix and is one of the fastest-growing cities in Arizona. With plenty of entertainment options, dining establishments, and amenities, it’s no wonder why people from across the country and state are moving to…

Written By EZ MAX OFFER

Are you a homeowner searching for the cost of living in Gilbert? Gilbert lies just southeast of Phoenix and is one of the fastest-growing cities in Arizona. With plenty of entertainment options, dining establishments, and amenities, it’s no wonder why people from across the country and state are moving to Gilbert, Arizona.

Of course, the first thing you need to consider before moving to Gilbert is the cost of living.

Come with us as we explore what you can expect to pay for settling in Gilbert.

Cost of Living

Compared to the national average, the cost of living in Gilbert is 9% higher. Of course, the cost of living depends on several factors, including the real estate market, your career, and your lifestyle.

To better determine the nuances of your cost of living, let’s break down some common expenses.

Housing and Utilities

Compared to the national average, the housing expenses in Gilbert are 35% higher. However, utility prices are 4% below the national average, meaning you won’t have to worry about the exorbitant cost of running your air conditioning throughout the sweltering summers.

Here’s what you can expect from housing and utilities in Gilbert, Arizona:

  • Median Home Price – $469,850
  • Median Rent – $1,470
  • Energy Bill – $161.12
  • Phone Bill – $171.75

Transporation Expenses

While Gilbert residents have access to public transportation, most of its residents rely on personal vehicles. Regardless of how you choose to get around, it’s worth noting that public transportation (bus fares) and gas prices are 8% below the national average.

On average, gas goes for about $2.39 per gallon in Gilbert.

Food & Grocery Expenses

Compared to the national average, Gilbert has food and grocery prices that are 3% lower. This figure accounts for those who strictly buy their food from the grocery store and cook at home.

With so many great restaurants in Gilbert and a growing downtown area, you should budget some of your additional income for dining out.

Here’s what some common grocery items cost in Gilbert:

  • Loaf of Bread – $3.24
  • Carton of Eggs – $1.76
  • Gallon of Milk – $1.89
  • Bananas – $3.27
  • Hamburger – $4.13

Healthcare Expenses

Whether you visit your doctor once per year for an annual checkup or you visit often because of existing conditioning, accounting for healthcare expenses is crucial. It’s much better to be safe than sorry in the event of an emergency.

The good thing is, the healthcare costs in Gilbert are 2% lower than the national average.

Here are some common expenses you can expect to pay:

  • Doctor’s Visit – $108.15
  • Dentist’s Visit – $92.90
  • Optometrist’s Visit – $101.35
  • Veterinarian’s Visit – $48.20
  • RX Drug – $430.86

Final Thoughts

Congratulations on taking the first step in moving to Gilbert! Preparing ahead of time is the best way to make the transition as comfortable and seamless as possible.

Of course, the first thing you need to do before moving is selling your current home. If you want to sell your home as quickly as possible and get the fair cash offer that you deserve, get in touch with us here at EZ Max Offer. We’ve helped thousands of homeowners sell their homes in as-is condition in as little as two weeks!

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