Cost of Living in Goodyear, AZ

Updated November 2026 · Maricopa County · Phoenix-Mesa-Chandler, AZ metro area · population 107,645

Local cost index (CostLiving estimate)
106.8
More expensive than the US average
BEA index for the Phoenix-Mesa-Chandler, AZ metro area: 103.3
Monthly budget
$3,271
single adult · $5,943 family of 4
Modelled estimate, before taxes
Median rent
$1,956
per month, gross rent · US $1,413
Median home value
$471,300
US $332,700 · Moderate

Prices in Goodyear are 6.8% above the US average (local index 106.8; the BEA index for the Phoenix-Mesa-Chandler, AZ metro area is 103.3), with local housing the biggest cost driver at 136.3; a single adult's modelled budget is about $3,271 a month and the median rent is $1,956.

Prices by category

CostLiving local estimate. 100 = US average; 110 means prices are 10% higher. Housing reflects Goodyear's own median rent compared with the area's average rent; goods, utilities and other services are BEA's official price parities for the Phoenix-Mesa-Chandler, AZ metro area, unchanged.

Goodyear price index by category, US average = 100: All items 106.8, Housing (rents) 136.3, Goods 95.0, Utilities 93.3, Other services 104.0

Cheaper than US average More expensive · CostLiving estimate from BEA RPP 2024 and Census ACS rents

It is the 8th most expensive of the 24 Arizona cities in our data. More expensive than 66% of the cities we cover.

Official BEA Regional Price Parities for the Phoenix-Mesa-Chandler, AZ metro area. 2024: goods 95.0, housing 121.2, utilities 93.3, other services 104.0.
BEA index201920202021202220232024
All items100.0102.899.1103.9104.7103.3

Monthly budget by household type

1 adult · 1-bedroom · modelled estimate for Goodyear, AZ

CategoryPer monthPer yearShare
Housing (rent) $1,532 $18,384 47%
Utilities $259 $3,108 8%
Food at home $268 $3,216 8%
Transportation $683 $8,196 21%
Health care $366 $4,392 11%
Clothing, personal care & supplies $163 $1,956 5%
Total$3,271$39,252100%

2 adults · 2-bedroom · modelled estimate for Goodyear, AZ

CategoryPer monthPer yearShare
Housing (rent) $1,673 $20,076 34%
Utilities $410 $4,920 8%
Food at home $495 $5,940 10%
Transportation $1,352 $16,224 27%
Health care $678 $8,136 14%
Clothing, personal care & supplies $321 $3,852 7%
Total$4,929$59,148100%

2 adults + 2 children · 3-bedroom · modelled estimate for Goodyear, AZ

CategoryPer monthPer yearShare
Housing (rent) $1,893 $22,716 32%
Utilities $500 $6,000 8%
Food at home $706 $8,472 12%
Transportation $1,800 $21,600 30%
Health care $631 $7,572 11%
Clothing, personal care & supplies $413 $4,956 7%
Total$5,943$71,316100%

Modelled estimate of basic costs, excluding taxes, child care and savings. Housing is rent excluding tenant-paid utilities (counted under utilities). See how the budget is calculated.

Housing costs in Goodyear

Rent by number of bedrooms

SizeMedian rent
Studio $1,787
1 bedroom $1,709
2 bedrooms $1,867
3 bedrooms $2,112
4 bedrooms $2,372

Median rent: Census ACS 2020-2024 median gross rent by bedrooms (rent plus tenant-paid utilities, all renters).

Rent, home values and affordability

MeasureValue
Median gross rent$1,956
Median contract rent (excl. utilities)$1,753
Median home value$471,300
Owner costs with a mortgage$2,067/mo
Median household income$103,319
Rent as % of renter income Very expensive37.1%
Home value ÷ household income Moderate4.6×

Census ACS 5-year 2020-2024.

Electricity and gas prices

Residential electricity in Arizona

15.05¢ per kWh, August 2026

12-month change: −0.3% (from 15.09¢) · US 18.16¢

Aug 2025: 15.09¢/kWh Sep 2025: 15.26¢/kWh Oct 2025: 15.55¢/kWh Nov 2025: 15.66¢/kWh Dec 2025: 15.46¢/kWh Jan 2026: 15.61¢/kWh Feb 2026: 16.03¢/kWh Mar 2026: 15.61¢/kWh Apr 2026: 15.48¢/kWh May 2026: 15.23¢/kWh Jun 2026: 15.18¢/kWh Jul 2026: 15.38¢/kWh Aug 2026: 15.05¢/kWh

Average household uses 1,054 kWh a month in Arizona ≈ $162/month. Source: EIA-861M (statewide average).

Regular gasoline regional figure: West Coast excl. California (PADD 5)

$4.77 per gallon, week of 2026-11-02

12-month change: +25.9% (from $3.79) · US $4.15

2026-05-11: $5.189/gal 2026-05-18: $5.186/gal 2026-05-25: $5.162/gal 2026-06-01: $5.080/gal 2026-06-08: $4.955/gal 2026-06-15: $4.844/gal 2026-06-22: $4.665/gal 2026-06-29: $4.534/gal 2026-07-06: $4.422/gal 2026-07-13: $4.393/gal 2026-07-20: $4.541/gal 2026-07-27: $4.662/gal 2026-08-03: $4.685/gal 2026-08-10: $4.643/gal 2026-08-17: $4.706/gal 2026-08-24: $4.776/gal 2026-08-31: $4.823/gal 2026-09-07: $4.975/gal 2026-09-14: $5.026/gal 2026-09-21: $5.106/gal 2026-09-28: $5.153/gal 2026-10-05: $5.116/gal 2026-10-12: $5.071/gal 2026-10-19: $5.007/gal 2026-10-26: $4.868/gal 2026-11-02: $4.771/gal

EIA weekly retail price survey; Arizona is covered by the West Coast excl. California (PADD 5) average.

Inflation in the West

Consumer prices in the West Census region rose +3.4% in the 12 months to September 2026 (US +3.7%). Nationally, food at home changed +1.8%, shelter +3.2% and energy +20.4%. Source: BLS CPI-U, not seasonally adjusted. CPI is published for regions and large metro areas, so the regional figure is shown.

Salary equivalent

Because prices in Goodyear are 6.8% above the US average, $60,000 here has the buying power of about $56,200 in an average-priced US area.

Same buying power in an average-priced US area$56,200
Needed in Goodyear to match $60,000 in an average-priced US area$64,100

Formula: US-equivalent = salary × 100 ÷ 106.8. Based on the local cost index (CostLiving estimate from BEA RPP and Census rents); taxes not included.

Nearby cities

CityDistanceIndexBudget (single)Median rent
Avondale, AZ5 mi105.2 $3,149$1,832
Buckeye, AZ20 mi106.8 $3,208$1,963
Glendale, AZ22 mi101.3 $2,863$1,528
Maricopa, AZ26 mi107.3 $3,222$1,998
Tempe, AZ27 mi104.0 $3,167$1,743
Phoenix, AZ27 mi102.0 $2,906$1,582

Cities with a similar cost of living

CityIndexBudget (single)Median rent
Annapolis, MD106.8 $3,357$1,860
McKinney, TX106.8 $3,061$1,901
Lacey, WA106.7 $3,314$1,870
Riverside, CA106.7 $3,305$1,914
Lakewood, WA106.7 $2,941$1,525
Manteca, CA106.8 $3,162$2,065

Compare Goodyear with another city

Frequently asked questions

Is Goodyear, AZ an expensive place to live?

Goodyear has a local cost of living index of 106.8, which is 6.8% above the US average. This CostLiving estimate starts from the BEA Regional Price Parities 2024 for the Phoenix-Mesa-Chandler, AZ metro area (103.3) and adjusts housing to Goodyear's own rents. It is 6.1 points above the Arizona average. It is the 8th most expensive of the 24 Arizona cities in our data. More expensive than 66% of the cities we cover.

How much money do you need to live in Goodyear?

Our modelled estimate of basic monthly costs is $3,271 for a single adult, $4,929 for a couple and $5,943 for a family of four, before taxes, child care and savings. A $60,000 salary in an average-priced US area buys about the same as $64,100 in Goodyear.

What is the average rent in Goodyear?

The median gross rent (rent plus tenant-paid utilities) is $1,956 a month (Census ACS 2020-2024). By size: 1 bedroom $1,709, 2 bedrooms $1,867, 3 bedrooms $2,112. The typical renter spends 37.1% of household income on rent (very expensive).

How much does a house cost in Goodyear?

The median owner-estimated home value is $471,300, 4.6 times the median household income of $103,319 (moderate). Owners with a mortgage pay a median $2,067 a month in housing costs.

How much is electricity and gas in Goodyear?

Arizona residential electricity averaged 15.05¢ per kWh in August 2026 (US 18.16¢). Regular gasoline was $4.77 a gallon (West Coast excl. California (PADD 5) average, week of 2026-11-02).

Sources and notes

Labels such as “county figure” or “state nonmetro figure” mark values that come from a larger area because the city-level figure is unavailable or unreliable. The monthly budget is a modelled estimate, not observed spending, and excludes taxes. This page is for general information and is not financial advice. Methodology · All sources