Cost of Living: Honolulu, HI vs Tempe, AZ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Honolulu | Tempe |
|---|---|---|
| Housing Index | 186.5 | 115.5 |
| Median Home Price | $727,700 | $405,000 |
| Average Rent (2 BR Apartment) | $2800 | $1800 |
| Average Rent (2 BR House) | $2846 | $1870 |
Housing Comparison: Honolulu vs Tempe
- In Honolulu, the median home price is higher at $727,700, while in Tempe it is $405,000.
- Renting a two-bedroom apartment costs more in Honolulu at $2,800 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 | Honolulu | Tempe |
|---|---|---|
| Electricity Price | $42.45 | $15.14 |
| Natural Gas Price | $51.22 | $23.51 |
| Other Utilities | $400 | $250 |
Utilities Comparison: Honolulu vs Tempe
- Electricity costs are higher in Honolulu at $42.45 per kWh, compared to $15.14 in Tempe.
- Natural gas is more expensive in Honolulu at $51.22 per unit, while it is cheaper at $23.51 in Tempe.
- Other utility costs are higher in Honolulu at an average of $400, compared to Tempe with $250.