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What Are The Pros And Cons Of Living In Santa Cruz, AZ?

Pros of living in Sta Cruz Valley, AZ:

The Cost Of Living Is Reasonably Low

Arizona’s cost of living is shockingly low. It’s about the same as the national average. The housing market, on the other hand, is slightly more expensive. However, it shouldn’t be too difficult to find a place in Arizona where you can live comfortably according to your capability.

There are a plethora of cultural activities available.

Arizona has a diverse population, meaning it has many exciting cultural activities. There are numerous cultural festivals, art exhibits, and other events throughout the year.

Convenient access to other states

Arizona serves as a gateway to some of the most beautiful parts of the American Southwest. From there, you can travel to California, Nevada, New Mexico, Colorado, and Texas via the highway. 

Pros of Living in Sta Cruz Valley, AZ

Cons of living in Sta Cruz Valley, AZ:

Living in Santa Cruz Valley, AZ, is a lot of traffic.

Arizona traffic is usually terrible due to its high population and location between busy interstates. Especially in larger cities like Phoenix and Tucson, traffic congestion can also be found in the suburbs. 

The Weather Is Brutal

Apart from the Grand Canyon, Arizona is known for its spectacular temperatures. Summer temperatures are not uncommonly in the 110s or even 120s, and temperatures are unlikely to drop below 80 degrees until well into November.

Living in the desert 

As previously stated, the desert environment is erratic, with temperatures reaching the high 120s during the day and dropping to freezing temps at night. You’ll also have to deal with wildlife, dust storms, dry lightning, variable weather, and lengthy areas of barren wilderness.

Cost of Living in Santa Cruz Valley, AZ

Cost of Living in Santa Cruz Valley, AZ

The cost of living is a financial report on a family’s or an individual’s overall expenses to maintain a reasonable standard of living in a specific place. 

If you are planning to move to the neighborhood of Santa Cruz, AZ, here are some notable information about the cost of living and job opportunities in the place: 

  • Cost of living in Santa Cruz Valley, AZ is 8% lower than the national average
  • Santa Cruz County’s job market has grown by 0.3% in the last year, with an anticipated growth of 12.9% for the next ten years.
  • Locals earn an average of $17,900 per year. The typical household income is $38,802
  • The region’s tax rates include a 7.6% sales tax and a 4.2% income tax.
  • Santa Cruz’s economy comprises 17.5% of retail, 10.2% education, 9.6% wholesale trade, 8.6% healthcare and social services, 8.3% public administration. 
  • The Agrarian sector makes for 2.1% of the GDP, with Transportation and Warehousing accounting for 6.3 percent.
Housing Statistic Report

Housing statistic report

The housing price in Santa Cruz is 16% lower than the national average.

  • The Median Home Price is $190,800
  • 10-year Home Appreciation Rate is 101.3%
  • Last Year’s Appreciation Rate is 12.2%
  • There are 58.5% of homeowners
  • There is a 13.5% of vacant housing 
  • Rented Properties is at $28.0%
  • The Median Rent is $1,770

Here’s the good news, grocery shopping and other miscellaneous expenses in Santa Cruz County, Arizona, are pretty inexpensive. If you decide to relocate to the area, you will save a significant amount on your daily expenses.

A regular restaurant meal costs roughly $10.00, while fast-food meals cost around $6.00.

Final Thoughts

Moving to a new place means new adjustments, including your financial capacity. The cost of living is an essential factor to consider when determining the potential economic benefits of relocating to a new city.

Do not hesitate to contact me if you have any questions about living in Santa Cruz valley, az. I’ve helped several clients discover homes in Santa Cruz, and I’d be happy to assist you as well.

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