Vail, AZ

Above Avg · 123

Arizona · Population 15,722 · Updated March 2026

$1,854
Median Rent / Month
$121,385
Median Income
$367,500
Median Home Value
$1,698
Owner Costs / Month

Affordability

How far your income goes in Vail

18.3%
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

$22,248
Annual Rent
$3,035
State Income Tax
$2,278
Property Tax (est.)

Cost of Living Overview

Vail has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 123 (where 100 equals the national median), Vail residents can expect to pay median rent of $1,854/month while earning a median household income of $121,385/year.

The median home value in Vail, AZ is $367,500, with typical monthly owner costs around $1,698 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.3% 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 Vail.

Frequently Asked Questions

Common questions about living costs in Vail

What is the cost of living in Vail, AZ?
The cost of living index in Vail, AZ is 123 (US average = 100). Median monthly rent is $1,854, median household income is $121,385/year, and the median home value is $367,500.
Is Vail, AZ affordable?
No, Vail is more expensive than the national average with a cost index of 123. The rent-to-income ratio is 18.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Vail, AZ?
The median gross rent in Vail, AZ is $1,854 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $22,248.
What is the median household income in Vail?
The median household income in Vail, AZ is $121,385 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%.