Housing costs in Tempe?
A typical home costs
$426,900, which is 26.3% more expensive than the national average of
$338,100 and 4.8% more expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Tempe costs
$1,930 per month, which is 35.0% more than the national average of
$1,430 and 19.7% more than the state average of
$1,550.
Can I afford Tempe?
To live comfortably in Tempe, Arizona, a minimum annual income of
$81,720 for a family, and
$65,200 for a single person is recommended.
What does A.I. say about Tempe?
Tempe, AZ is an affordable city offering plenty of activities and amenities. It has a lower cost of living compared to Arizona's other major cities, while still providing all the benefits they offer. Renting an apartment, buying groceries, and accessing medical care are all below the US average in this area.