Housing costs in Tempe?
A typical home costs
$672,000, which is 98.8% more expensive than the national average of
$338,100 and 64.9% more expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Tempe costs
$2,600 per month, which is 67.7% more than the national average of
$1,550 and 33.1% more than the state average of
$1,740.
Can I afford Tempe?
To live comfortably in Tempe (zip 85284), Arizona, a minimum annual income of
$128,880 for a family, and
$87,600 for a single person is recommended.
What does A.I. say about Tempe?
The cost of living in 85284 Tempe, AZ is relatively affordable compared to other areas in the U.S. The median home price is just under $300,000, which is lower than the national average. Additionally, the median rent for a one bedroom is around $1,100 per month. It costs an average of $3.50 for a gallon of gas and groceries are 5% lower than the national average. All in all, this makes 85284 Tempe, AZ an attractive place to live for those looking for an inexpensive cost of living.