Cost of Living: Tempe, AZ vs Hospers, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Tempe | Hospers |
|---|---|---|
| Housing Index | 115.5 | Data is updating |
| Median Home Price | $405,000 | $166,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1870 | $Data is updating |
Housing Comparison: Tempe vs Hospers
- In Tempe, the median home price is higher at $405,000, while in Hospers it is $166,000.
- The rent for a two-bedroom apartment is equal in both Tempe and Hospers 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 | Hospers |
|---|---|---|
| Electricity Price | $15.14 | $14.82 |
| Natural Gas Price | $23.51 | $15.61 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Tempe vs Hospers
- Electricity costs are higher in Tempe at $15.14 per kWh, compared to $14.82 in Hospers.
- Natural gas is more expensive in Tempe at $23.51 per unit, while it is cheaper at $15.61 in Hospers.
- Utility expenses are equal in both Tempe and Hospers averaging $250.