Arizona · Population 271,118 · Updated March 2026
How far your income goes in Gilbert
State-level tax rates that affect your costs
Gilbert has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 148 (where 100 equals the national median), Gilbert residents can expect to pay median rent of $2,028/month while earning a median household income of $121,351/year.
The median home value in Gilbert, AZ is $518,600, with typical monthly owner costs around $1,908 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.1% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.
Arizona has a moderate income tax rate of 2.5%. Combined with a 5.6% sales tax rate and 0.62% effective property tax rate, the overall tax environment is a factor in the total cost of living in Gilbert.
Common questions about living costs in Gilbert
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