Executive Financial Report: Many Farms (86538)
Navigating the local economic landscape in Many Farms (86538) reveals an average baseline monthly cost of living of approximately $3,120 for single individuals. This comprehensive benchmark reflects essential housing, food, tax, and healthcare commitments.
With typical rent and housing utilities averaging an affordable $534 per month—just 17% of baseline expenses—Many Farms offers exceptionally competitive housing costs compared to wider metropolitan averages across Arizona.
Household earnings in Many Farms generally align with basic living standards. With an area median family income of $42,366, local workers earn roughly 1.13x the baseline living cost ($37,445.42/year). While adequate, maintaining a comfortable safety net requires mindful budgeting.
On the expenditure side, groceries and essential nutrition require approximately $278 per month in Many Farms. Direct tax liabilities consume an estimated $454 monthly (15% of total baseline expenses). Factoring local tax structures into annual compensation planning is highly recommended.
Overall, Many Farms (86538) presents a distinct economic profile within Apache. Whether you are relocating for career advancement or evaluating localized living expenses, utilizing our interactive tools below will help you tailor these baseline figures to your exact household composition and salary.