Cave Creek, AZ, has a higher cost of living compared to the nationwide average. Housing costs are 20% higher, while groceries and transportation are 5% and 10% higher, respectively. Utilities and healthcare costs are slightly lower, at 5% and 0% of the national average, respectively. The miscellaneous category is 2% higher than the average.
Cave Creek, Arizona, has a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Cave Creek are notably higher, with an index of 120. This means housing expenses are 20% more than the national average. People looking for homes or renting in Cave Creek will find that they need to budget significantly more for housing.
Other areas of spending also show differences. Groceries in Cave Creek have a cost of living index of 105, which is 5% higher than the average. This small increase suggests that food costs are slightly above the national norm. Utilities, however, are slightly lower, with an index of 95, meaning they are 5% cheaper than the average. Transportation costs are also higher, with an index of 110, indicating a 10% increase. Healthcare costs remain close to the average, with an index of 100, showing no significant difference. Overall, Cave Creek presents a mix of higher and lower costs in various areas compared to the national average.
