Cost of Living: Tempe, AZ vs Jessup, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Tempe | Jessup |
|---|---|---|
| Housing Index | 115.5 | Data is updating |
| Median Home Price | $405,000 | $471,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1870 | $Data is updating |
Housing Comparison: Tempe vs Jessup
- The median home price in Jessup is higher at $471,000, compared to $405,000 in Tempe.
- The rent for a two-bedroom apartment is equal in both Tempe and Jessup 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 | Jessup |
|---|---|---|
| Electricity Price | $15.14 | $17.41 |
| Natural Gas Price | $23.51 | $18.44 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Tempe vs Jessup
- Jessup has higher electricity costs at $17.41 per kWh, versus $15.14 in Tempe.
- Natural gas is more expensive in Tempe at $23.51 per unit, while it is cheaper at $18.44 in Jessup.
- Utility expenses are equal in both Tempe and Jessup averaging $250.