Cost of Living: Tempe, AZ vs Folsom, PA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Tempe Folsom
Housing Index 115.5 Data is updating
Median Home Price $405,000 $252,000
Average Rent (2 BR Apartment) $1800 $Data is updating
Average Rent (2 BR House) $1870 $Data is updating

Housing Comparison: Tempe vs Folsom

  • In Tempe, the median home price is higher at $405,000, while in Folsom it is $252,000.
  • The rent for a two-bedroom apartment is equal in both Tempe and Folsom 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 Tempe Folsom
Electricity Price $15.14 $17.68
Natural Gas Price $23.51 $17.61
Other Utilities $250 $Data is updating

Utilities Comparison: Tempe vs Folsom

  • Folsom has higher electricity costs at $17.68 per kWh, versus $15.14 in Tempe.
  • Natural gas is more expensive in Tempe at $23.51 per unit, while it is cheaper at $17.61 in Folsom.
  • Utility expenses are equal in both Tempe and Folsom averaging $250.