AZ · Rank 47 of 50 affordable
Can teachers afford to live in Arizona?
Tight, but workable.
The average Arizona teacher earns $64,291 per year. A typical 2-bedroom rents for about $1,882/mo, which is 35% of gross monthly pay. The 30% rule is the standard healthy benchmark.
Avg Teacher Salary
$64,291
Cost-of-Living Index
110.7
US avg = 100
Affordability Score
33/100
Renting in Arizona
2BR Rent / mo
$1,882
Annual Rent
$22,583
% of Salary
35%
Left after rent
$3,476/mo
Green zone is under the 30% healthy housing benchmark.
Buying a Home in Arizona
Median Home Price
$464,940
10% Down
$46,494
P&I (7%, 30yr)
$2,784/mo
Full PITI
$3,346/mo
Estimated mortgage payment as a share of average teacher monthly gross pay, including taxes & insurance.
Estimates assume a 10% down payment, 7% 30-year fixed rate, 1.1% property tax, and 0.35% home insurance. Actual rates and prices vary by district and metro area.