PHOENIX — A new study shows Phoenix ranks 16th for household spending on monthly bills among major cities.
The report calculated the average cost of a family’s mortgage or rent as well as car loans, utilities, car insurance, cable/internet, phones, health insurance, alarms and life insurance.
According to the report, the average family spent $2,272 on all of those things combined in 2023, which is up 11% from 2022.
The most expensive major city to live in is San Jose, California at $3,504.
The cheapest is Detroit, Michigan at $1,571.
Paradise Valley is the most expensive city for monthly bills in the Valley at $3,391.
Scottsdale is second at $2,740.
Glendale ($2,069) and Tolleson ($2,071) are listed as the two cheapest cities across the Valley.
Based in New York, Stephen Freeman is a Senior Editor at Trending Insurance News. Previously he has worked for Forbes and The Huffington Post. Steven is a graduate of Risk Management at the University of New York.