Cost of Living in Gilbert, AZ
Gilbert has a cost of living index of 112 (100 = national average), making it more expensive than the national average. The median household income is $93,987 and the median home price is $510,000.
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Gilbert at a Glance
Population
272,017
Cost of Living Index
112
Median Income
$93,987
Median Home Price
$510,000
Property Tax Rate
0.55%
Sales Tax Rate
7.60%
Rent Index
115
State
Arizona
Living in Gilbert
Gilbert has a cost of living slightly above the national average. While housing at $510,000 is a significant expense, the area offers a balance between cost and quality of life.
The combined sales tax rate in Gilbert is 7.60%, and the effective property tax rate is 0.55%. Property taxes are relatively low compared to the national average.