Rio Rico, AZ

Very Low · 72

Arizona · Population 21,798 · Updated March 2026

$1,049
Median Rent / Month
$63,692
Median Income
$212,600
Median Home Value
$1,056
Owner Costs / Month

Affordability

How far your income goes in Rio Rico

19.8%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Arizona

State-level tax rates that affect your costs

2.5%
Income Tax (Top Rate)
5.6%
Sales Tax
0.62%
Property Tax Rate

Estimated Annual Costs

$12,588
Annual Rent
$1,592
State Income Tax
$1,318
Property Tax (est.)

Cost of Living Overview

Rio Rico is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 72 (where 100 equals the national median), Rio Rico residents can expect to pay median rent of $1,049/month while earning a median household income of $63,692/year.

The median home value in Rio Rico, AZ is $212,600, with typical monthly owner costs around $1,056 including mortgage, insurance, and taxes. The median rent-to-income ratio of 19.8% 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 Rio Rico.

Frequently Asked Questions

Common questions about living costs in Rio Rico

What is the cost of living in Rio Rico, AZ?
The cost of living index in Rio Rico, AZ is 72 (US average = 100). Median monthly rent is $1,049, median household income is $63,692/year, and the median home value is $212,600.
Is Rio Rico, AZ affordable?
Yes, Rio Rico is more affordable than the national average with a cost index of 72. The rent-to-income ratio is 19.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Rio Rico, AZ?
The median gross rent in Rio Rico, AZ is $1,049 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $12,588.
What is the median household income in Rio Rico?
The median household income in Rio Rico, AZ is $63,692 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Arizona?
Arizona has a top income tax rate of 2.5%, a sales tax of 5.6%, and an effective property tax rate of 0.62%.