Cost of Living: Sterling, IL vs Tempe, AZ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sterling | Tempe |
|---|---|---|
| Housing Index | 90.0 | 115.5 |
| Median Home Price | $137,000 | $405,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1360 | $1870 |
Housing Comparison: Sterling vs Tempe
- The median home price in Tempe is higher at $405,000, compared to $137,000 in Sterling.
- In Tempe, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Sterling.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Sterling | Tempe |
|---|---|---|
| Electricity Price | $16.15 | $15.14 |
| Natural Gas Price | $16.59 | $23.51 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Sterling vs Tempe
- Electricity costs are higher in Sterling at $16.15 per kWh, compared to $15.14 in Tempe.
- Tempe experiences higher natural gas costs at $23.51 per unit, with costs at $16.59 in Sterling.
- Utility expenses are equal in both Sterling and Tempe averaging $250.