Cost of Living: Tempe, AZ vs Fort smith, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Tempe | Fort smith |
|---|---|---|
| Housing Index | 115.5 | 85.0 |
| Median Home Price | $405,000 | $200,000 |
| Average Rent (2 BR Apartment) | $1800 | $1000 |
| Average Rent (2 BR House) | $1870 | $1200 |
Housing Comparison: Tempe vs Fort smith
- In Tempe, the median home price is higher at $405,000, while in Fort smith it is $200,000.
- Renting a two-bedroom apartment costs more in Tempe at $1,800 than in Fort smith at $1,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Tempe | Fort smith |
|---|---|---|
| Electricity Price | $15.14 | $12.36 |
| Natural Gas Price | $23.51 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Tempe vs Fort smith
- Electricity costs are higher in Tempe at $15.14 per kWh, compared to $12.36 in Fort smith.
- Natural gas is more expensive in Tempe at $23.51 per unit, while it is cheaper at $17.08 in Fort smith.
- Other utility costs are higher in Tempe at an average of $250, compared to Fort smith with $200.