Scottsdale Tops List of Arizona's Most Expensive Retirement Cities

Scottsdale has emerged as the most expensive retirement city in Arizona, ranking sixth nationally among the 30 priciest retirement towns. This distinction underscores the city's allure and the financial considerations for those planning to retire there.

 

A recent analysis highlighted that Scottsdale's annual cost of living exceeds $81,000, significantly higher than other Arizona cities like Prescott and Lake Havasu City, which have annual costs of $62,000 and $53,000, respectively. This places Scottsdale at the forefront of Arizona's most expensive retirement destinations.

 

The city's housing market plays a substantial role in these costs. As of 2025, the median home price in Scottsdale is approximately $1.1 million, with a median price per square foot of $446. Renters face similar challenges, with the average rent for a two-bedroom apartment around $1,625 per month. These figures are notably higher than national averages, reflecting Scottsdale's premium real estate market.

 

Despite the high costs, Scottsdale remains a top choice for retirees. The city offers unparalleled outdoor activities, including extensive hiking trails and a vibrant cultural scene. Additionally, Scottsdale boasts a high concentration of healthcare facilities and wellness centers, contributing to its reputation as a desirable retirement location.

 

However, potential retirees should be aware of the financial implications. The overall cost of living in Scottsdale is approximately 14% higher than the national average, with housing expenses being 42% higher. Utilities and groceries are also above average, adding to the financial burden.

 

In summary, while Scottsdale offers a high quality of life and numerous amenities attractive to retirees, it comes with a substantial price tag. Prospective residents should carefully consider their financial situation and lifestyle preferences when contemplating retirement in The Valley Of The Sun.