Cost of Living: Corona, CA vs Tempe, AZ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Corona | Tempe |
|---|---|---|
| Housing Index | 120.5 | 115.5 |
| Median Home Price | $651,000 | $405,000 |
| Average Rent (2 BR Apartment) | $2300 | $1800 |
| Average Rent (2 BR House) | $2400 | $1870 |
Housing Comparison: Corona vs Tempe
- In Corona, the median home price is higher at $651,000, while in Tempe it is $405,000.
- Renting a two-bedroom apartment costs more in Corona at $2,300 than in Tempe at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Corona | Tempe |
|---|---|---|
| Electricity Price | $32.99 | $15.14 |
| Natural Gas Price | $16.99 | $23.51 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Corona vs Tempe
- Electricity costs are higher in Corona at $32.99 per kWh, compared to $15.14 in Tempe.
- Tempe experiences higher natural gas costs at $23.51 per unit, with costs at $16.99 in Corona.
- Utility expenses are equal in both Corona and Tempe averaging $250.