Is It Expensive To Live In Scottsdale?
If you’re thinking of moving to Scottsdale, you probably have a lot of questions; what is there to do in Scottsdale? Is Scottsdale safe? What type of people live in Scottsdale? While all of these are good questions, you probably have one more question in mind; is it expensive to live in Scottsdale?
Simply put, the answer is yes. But don’t write Scottsdale off because of this; the reason life is a bit more costly here is because salaries are correspondingly higher than average! There are also tons of advantages to living in Scottsdale, besides the attractive salaries. But let’s get into just how expensive it really is to live in Scottsdale!
What is the cost of living in Scottsdale?
The cost of the uncharacteristically high cost of living in Scottsdale is mainly the high cost of housing, coupled with the prevalence of upper-echelon resorts, golf courses and other high class vacation attractions. This makes it highly attractive to wealthy snowbirds, successful professionals and monied investors who capitalize off of this demand for high-brow living spaces.
Another reason life is a bit more costly in Scottsdale is the cost of utilities. With summer temperatures soaring over one hundred degrees, air conditioning consumes a great deal of electricity, and power bills are bound to be correspondingly high. Water is also costly, due to its scarcity in the desert and how crucial it is to maintaining a healthy lawn with irrigation.
While higher than average, the cost of living in Scottsdale is still not nearly as high as in certain other areas of the country such as New York City or Los Angeles. This makes it a perfect town for skilled professionals from all trades and professionals looking for a place to make their home. If this sounds like your situation, you’d do well to consider Scottsdale as a possible option!
If the high cost of living doesn’t deter you, you might be considering moving to the area. If so, you’ll need to contact one of the top real estate agents in Scottsdale. Once you’ve contacted a few realtors in Scottsdale and found one that suits you, you’ll be one step closer to making your home in this beautiful southwestern city!
Popular Real Estate Questions
Popular Real Estate Glossary Terms
Considering future occurrences that may possibly arise. ...
time period, as established by state statute, during which a property owner can redeem a defaulted mortgage or land contract or reclaim a foreclosed property. A property owner acting ...
The direction in which a community is growing. Directional growth is measured over time, and its path strongly influences current and future market values of those properties clearly in ...
Markets for long-term bonds and equity securities of real estate companies. ...
Time period for which one expects to keep property such as a real estate investment. ...
Financial institution that channels the savings of its depositors mostly into mortgage and home improvement loans. It concentrates on originating , servicing, and holding mortgage loans. ...
Business entity providing water services in a particular locality. ...
Aerial navigation that may interfere with a property owner, such as creating undue noise. The value of land near an airport may decline in value for this reason. Further airport congestion ...
Region or locality that assesses real estate taxes on the properties located within its borders. Frequently, the local county or city is the property taxing jurisdiction which is empowered, ...
Have a question or comment?
We're here to help.