ARIZONA NEWS

Phoenix residents spent 14.7% more in utility bills this year, new study finds

Dec 26, 2023, 2:15 PM | Updated: 2:17 pm

Phoenix utility bills shot up by almost 15%, new study says...

A man turns on a switch with an electricity bill in his hand. (Photo By Alberto Ortega/Europa Press via Getty Images)

(Photo By Alberto Ortega/Europa Press via Getty Images)

PHOENIX — The average household in Phoenix pays $438 for utilities each month, a new study found.

The national average in the U.S. is far lower, with an estimated $351 spent on monthly utility bills, according to the U.S. Utilities Market Size and Household Spending Report for 2023.

The average of $438 represents an increase of 14.7% year over year, according to the study from bill pay company doxo, which analyzed data from 54 towns and cities in Arizona.

According to the study, Phoenix is Arizona’s fourteenth most expensive city to live in. Not only that, but the city’s cost of living is 11% higher than the national average, researchers found.

That percentage comes from researchers analyzing how much Phoenicians spend on the 10 most common household bills — including utility bills.

Why are Phoenix utility bills so expensive?

The study didn’t explain why Phoenix utilities are especially costly. However, it did share its monthly bill breakdown for the most common household costs. Here’s the data breakdown for how much people in Phoenix spend on their bills:

  • Mortgage: $1,283
  • Rent: $1,167
  • Auto loans: $526
  • Health insurance: $121
  • Auto insurance: $268
  • Cable and internet: $104
  • Mobile: $123
  • Alarm and security: $75
  • Life insurance: $63

In total, the average household in Phoenix spends $2,272 each month on bills, compared to the national average of $2,046 per month.

“Household bills account for 44% of annual household income of $71,260 in Phoenix, Arizona,” researchers said.

The cost of living in Phoenix is 11% higher than the national average and 10.7% higher than the state average of $2,053, the study found.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

Lester Paul Richmond was arrested in Alabama on Feb. 16, 2024, on animal cruelty charges. (Pike Cou...

KTAR.com

Scottsdale man accused in animal cruelty case arrested in Alabama

A Scottsdale man accused in an animal cruelty case was arrested Friday in Alabama, authorities said.

1 hour ago

Split image of Maricopa County Attorney Rachel Mitchell, left, and Manhattan District Attorney Alvi...

Kevin Stone

Maricopa County’s top prosecutor at odds with Manhattan DA over violent crime suspect

The Manhattan District Attorney’s Office is accusing metro Phoenix’s top prosecutor of “playing political games” with a high-profile violent crime suspect.

2 hours ago

A look inside the South Concourse terminal expansion at Phoenix-Mesa Gateway Airport in Mesa, Arizo...

Kevin Stone

Phoenix-Mesa Gateway Airport debuts new terminal in time for spring travel season

After 18 months of construction, Phoenix-Mesa Gateway Airport’s terminal expansion project is complete in time for the spring travel season.

3 hours ago

John Holmberg Amazing Arizonans KTAR News 92.3 FM...

Mike Broomhead

Amazing Arizonans: Radio host John Holmberg dishes on voice work, stand-up comedy, more

Longtime Valley radio host John Holmberg is the latest guest on Mike Broomhead's Amazing Arizonans podcast, which celebrates greatness.

4 hours ago

Police are looking to identify suspects in an assault at a parking garage near Gilbert Road and Vau...

Jim Sharpe

I hope I’m never NOT shocked by youth violence in the East Valley or elsewhere

KTAR News host Jim Sharpe hopes that the shock of youth violence in the East Valley and elsewhere doesn't go away because it gets normalized.

5 hours ago

...

KTAR Video

Video: Can we prevent children from joining violent groups like Gilbert Goons?

On Jim Sharpe’s daily Sharper Point Commentary he shares his worry for his children and who they might hang out with in the years to come. Video: Jeremy Schnell and Felisa Cárdenas/KTAR News

6 hours ago

Sponsored Articles

...

DISC Desert Institute for Spine Care

Sciatica pain is treatable but surgery may be required

Sciatica pain is one of the most common ailments a person can face, and if not taken seriously, it could become one of the most harmful.

...

Day & Night Air Conditioning, Heating and Plumbing

Valley residents should be mindful of plumbing ahead of holidays

With Halloween in the rear-view and more holidays coming up, Day & Night recommends that Valley residents prepare accordingly.

...

Sanderson Ford

The best ways to honor our heroes on Veterans Day and give back to the community

Veterans Day is fast approaching and there's no better way to support our veterans than to donate to the Military Assistance Mission.

Phoenix residents spent 14.7% more in utility bills this year, new study finds