The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

Moving To Phoenix, AZ: What To Know

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Moving to a new city is always an adventure, filled with opportunities to explore, grow, and make new connections. Therefore, if you’re considering a move to Phoenix, AZ, you’re in for a treat. Known for its vibrant sunsets, sprawling desert landscapes, and booming job market, Phoenix is a city that has something for everyone. 

phoenix

Phoenix skyline at sunset

However, like any big move, it comes with its considerations. From understanding the climate to navigating the real estate market, this article will guide you through what you need to know about moving to Phoenix, AZ.

Understanding the Climate

One of the first things to note about Phoenix is its climate. Phoenix is situated in the Sonoran Desert. This has a desert climate with hot summers and mild winters. Summer temperatures often soar above 100°F, making air conditioning a must-have. 

However, the city boasts over 300 days of sunshine a year, providing ample opportunity to enjoy outdoor activities, especially in the cooler months.

Therefore, understanding and preparing for this climate will be crucial to making your move comfortable and enjoyable.

The Job Market

Phoenix has a dynamic and growing job market, making it an attractive destination for professionals. The city is a hub for the tech, finance, and healthcare industries. Companies like Intel, American Express, and Mayo Clinic have a significant presence here, offering many employment opportunities. Additionally, Phoenix’s startup scene is burgeoning, providing exciting prospects for entrepreneurs and those in creative industries.

Housing and Living Costs

The cost of living in Phoenix, AZ, offers a mixed bag of affordability and rising expenses, particularly in the housing market. According to recent data, Phoenix’s living costs are slightly above the national average, with housing significantly contributing to this trend. 

The average price for homes in Phoenix has surged, with the latest figures indicating an average home price of around $504,170. 

Renters can also expect to pay an average monthly rent of $1,534, which aligns with the city’s growing demand in the real estate sector. Utilities, another essential living cost, average about $188.81 per month for energy, reflecting the impact of Phoenix’s desert climate and the need for cooling during hot months​.

Aside from housing, Phoenix’s living costs encompass transportation, healthcare, and daily necessities, all cumulatively defining the city’s economic landscape. Transportation costs are notably higher than the national average, reflecting the city’s sprawling nature and reliance on personal vehicles for commuting. 

Healthcare services offer a silver lining, with costs approximately 7% lower than the U.S. average, making it somewhat more affordable for residents. 

Daily expenses, such as groceries and dining out, are also part of the cost calculus, with a meal at an inexpensive restaurant averaging around $20 and basic grocery items like milk and eggs priced at $2.74 and $3.09, respectively. These figures illustrate the balance between higher housing and transportation costs against slightly lower expenses for healthcare and comparable costs for food​​​.

Transportation

Phoenix’s layout is notably expansive and user-friendly, thanks to its grid system. This design simplifies navigation by car, making it the preferred mode of transport for many of its residents. Although the city offers public transit options, such as buses and a light rail system linking key areas, the convenience of driving is often unmatched. 

For those contemplating a move to Phoenix, it’s important to weigh the transportation options against your lifestyle preferences and workplace location to determine the best commuting method. Additionally, for those planning to relocate there, numerous reliable movers in Phoenix, AZ, are available to ensure a smooth transition to your new home without any complications.

Education and Schools

For those moving with families, education is a top priority. Phoenix offers diverse educational opportunities, including public, charter, and private schools. The city also boasts several highly regarded universities and colleges, such as Arizona State University, recognized for its research programs and innovation. Exploring the educational landscape will help you find the best fit for your family’s needs and aspirations.

Lifestyle and Recreation

Phoenix’s lifestyle is one of its most appealing aspects. The city offers a rich tapestry of cultural, recreational, and entertainment options. Outdoor enthusiasts will love the proximity to hiking trails, golf courses, and parks. 

The Phoenix metropolitan area is also home to professional sports teams, a vibrant arts scene, and various dining and shopping experiences. Plus, weekend getaways are always an option, with several scenic destinations like Sedona and the Grand Canyon a few hours away.

Community and Culture

Phoenix is a vibrant testament to cultural diversity and inclusivity, making it a beacon for those seeking a community where various cultures are acknowledged and celebrated. The city’s tapestry is rich with cultural festivals that highlight its diverse population’s traditions, foods, and arts, including events that celebrate Native American, Latino, Asian, and other global cultures. 

Museums such as the Heard Museum and the Phoenix Art Museum offer educational experiences that delve into the art and history of the region and beyond, providing residents and visitors alike with a deeper understanding of the world’s diverse cultures.

Preparing for Your Move

Relocating to Phoenix requires thoughtful preparation to ensure a smooth transition. Identify your priorities, such as employment prospects, housing preferences, and lifestyle desires. Phoenix’s job market is dynamic, with burgeoning technology, healthcare, and education sectors providing a robust landscape for career opportunities. 

Engage with local employment agencies and online job portals to pinpoint opportunities that align with your career goals.

When it comes to housing, Phoenix offers a variety of options, from urban apartments in the heart of downtown to serene suburban homes. Connect with local real estate agents who can offer insights into the housing market, including trends, pricing, and neighborhoods that suit your lifestyle and budget. Utilize online resources like Zillow or Realtor.com to research and compare different city areas.

Conclusion

Moving to Phoenix, AZ, offers an exciting opportunity for growth, adventure, and new beginnings. With its sunny climate, dynamic job market, and vibrant lifestyle, it’s no wonder many are drawn to this desert city. By understanding the local climate, preparing for the housing market, and exploring the community and culture, you’ll be well on your way to making Phoenix your new home. 

Whether you’re drawn by the promise of outdoor adventures or the burgeoning job market, Phoenix welcomes you with open arms and endless possibilities. Welcome to Phoenix – your adventure begins here!



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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