Cost of Living in Payson

Payson's overall cost of living runs below both the national and Arizona averages -- a real, genuine bargain relative to most of the state, and a meaningful differentiator from Cottonwood and Camp Verde elsewhere in this same Verde Valley/Rim Country research batch.

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A cost-of-living index below both the U.S. and Arizona averages

BestPlaces scores Payson at 92.4 on its cost-of-living index -- 7.6% below the U.S. average and 13.2% below the Arizona state average (itself cited at 106.4, 6.4% above the U.S. average). This is a real, meaningful affordability advantage over the statewide Arizona norm, not a marginal difference.

Median household income runs below the national median

Payson's median household income is $67,710, with a 10.99% poverty rate -- below the national median household income cited elsewhere in this dataset (~$83,181), consistent with a retiree-heavy population living substantially on fixed or retirement income rather than local wages.

A low property-tax county layered under a moderate sales tax

Gila County's effective property tax rate (0.54%) is genuinely low even within an already-low-property-tax state, while Payson's combined sales tax (10.48%) runs on the higher end for Arizona municipalities -- a real trade-off pattern consistent with what src/lib/data/places/arizona.js documents statewide: low income and property taxes offset by comparatively high local sales tax.

Key takeaways

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Last reviewed: 2026-08-24. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.