States › Arizona › Globe

Is Globe, AZ expensive to live in?

CheapRent takes 11 cents of every $1 people earn here.
🏠 Rent per month (2026)$68161% lower than U.S. average
💵 Families earn per year (2026)$74,600about $6,217/month · 14% lower than U.S. average
🔑 House price$206,70038% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $27,240 a year. That is $13 an hour at a full-time job.

Is rent cheaper than other Arizona cities?

Yes. Rent here is cheaper than in most of Arizona. It is number 1 of 93 cities from cheapest to most expensive.

Globe
$681
$692
$1,154
$1,713
$1,406

How much do households earn in Globe?

Under $25k
15.2%
$25k–50k
24.4%
$50k–100k
34.8%
$100k–150k
12.8%
$150k+
10.1%

Share of households by yearly income. 22.9% of households earn $100,000 or more.

Rent by apartment size in Globe

SizeGlobeU.S. average
1 bedroom$1,062$1,324
2 bedrooms$787$1,509
3 bedrooms$940$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Globe overall?

Everyday prices in Arizona overall are 1% above the U.S. average (index 100.7, U.S. = 100).

Housing
107
Goods (food, clothes…)
95
Utilities
92
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Globe, so the Arizona figure is shown.

Taxes and bills in Globe

🏛️ Property tax$1,003a year · 0.49% of home value · U.S. $3,119
⚡ Electric bill$148a month (typical) · U.S. $156

Life in Globe

Commute to work23.2 minU.S.: 26.4 min
College degree19.2%U.S.: 35.7%
Own their home73.6%U.S.: 65.2%
Below poverty line16.4%U.S.: 12.5%
Unemployment3%U.S.: 5.2%

Is it cheaper to rent or buy in Globe?

Renting is cheaper right now: about $753 a month less.

Renting
$681
Owning
$1,434

Owning assumes a typical $206,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $20,670 for the down payment.

Frequently asked questions

What is the average rent in Globe, AZ?

Renting in Globe costs a median of about $681 a month in 2026, including utilities. The Arizona median is $1,671.

How much do I need to make to live in Globe?

To keep rent under 30% of income, you need about $27,240 a year, or $13 an hour at a full-time job.

Is Globe cheap or expensive?

Globe is rated Cheap: rent takes 11.0% of the typical household income of $74,600. It ranks 1st cheapest of 93 Arizona cities we track.

How much are property taxes in Globe?

The median homeowner in Globe pays $1,003 a year in property taxes, about 0.49% of the median home value.

Is Globe more expensive than the national average?

Overall prices in Arizona are 1% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Globe?

The median home value in Globe is $206,700, about 2.8 times the typical yearly household income.

7,195 people live in Globe. Numbers are typical (middle) values.