Cost of Living in Tempe, AZ
Tempe has a cost of living index of 108 (100 = national average), making it more expensive than the national average. The median household income is $58,497 and the median home price is $420,000.
Compare Locations
Your current annual gross salary
Your current monthly rent or mortgage payment
Select two states and enter your salary to compare costs
Tempe at a Glance
Population
184,118
Cost of Living Index
108
Median Income
$58,497
Median Home Price
$420,000
Property Tax Rate
0.60%
Sales Tax Rate
8.30%
Rent Index
108
State
Arizona
Living in Tempe
Tempe has a cost of living slightly above the national average. While housing at $420,000 is a significant expense, the area offers a balance between cost and quality of life.
The combined sales tax rate in Tempe is 8.30%, and the effective property tax rate is 0.60%. Property taxes are relatively low compared to the national average.