States › Arizona › Thatcher

Is Thatcher, AZ expensive to live in?

CheapRent takes 13 cents of every $1 people earn here.
🏠 Rent per month (2026)$99643% lower than U.S. average
💵 Families earn per year (2026)$89,426about $7,452/month · 3% higher than U.S. average
🔑 House price$286,30014% lower than U.S. average

Rent is lower than in 88% of U.S. cities. A typical house costs about 3.2 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $39,840 a year. That is $19 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 10 of 93 cities from cheapest to most expensive.

Thatcher
$996
Benson
$830
Guadalupe
$925
Three Points
$1,053
Citrus Park
$3,036
Cave Creek
$2,643
Doney Park
$1,285

How much do households earn in Thatcher?

Under $25k
9.3%
$25k–50k
24.4%
$50k–100k
32.2%
$100k–150k
21.5%
$150k+
6.5%

Share of households by yearly income. 28.0% of households earn $100,000 or more.

Rent by apartment size in Thatcher

SizeThatcherU.S. average
Studio$414$1,338
1 bedroom$707$1,324
2 bedrooms$1,037$1,509
3 bedrooms$1,055$1,698
4 bedrooms$1,825$2,098

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

How expensive is Thatcher 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 Thatcher, so the Arizona figure is shown.

Taxes and bills in Thatcher

🏛️ Property tax$1,267a year · 0.44% of home value · U.S. $3,119
⚡ Electric bill$161a month (typical) · U.S. $156

Life in Thatcher

Commute to work21.9 minU.S.: 26.4 min
College degree20.7%U.S.: 35.7%
Own their home72.2%U.S.: 65.2%
Below poverty line12.1%U.S.: 12.5%
Unemployment4.6%U.S.: 5.2%

Is it cheaper to rent or buy in Thatcher?

Renting is cheaper right now: about $991 a month less.

Renting
$996
Owning
$1,987

Owning assumes a typical $286,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $28,630 for the down payment.

Frequently asked questions

What is the average rent in Thatcher, AZ?

Renting in Thatcher costs a median of about $996 a month in 2026, including utilities. The Arizona median is $1,671.

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

To keep rent under 30% of income, you need about $39,840 a year, or $19 an hour at a full-time job.

Is Thatcher cheap or expensive?

Thatcher is rated Cheap: rent takes 13.4% of the typical household income of $89,426. It ranks 10th cheapest of 93 Arizona cities we track.

How much are property taxes in Thatcher?

The median homeowner in Thatcher pays $1,267 a year in property taxes, about 0.44% of the median home value.

Is Thatcher 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 Thatcher?

The median home value in Thatcher is $286,300, about 3.2 times the typical yearly household income.

5,439 people live in Thatcher. Numbers are typical (middle) values.