Cost of Living: Tempe, AZ vs Lake zurich, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Tempe | Lake zurich |
|---|---|---|
| Housing Index | 115.5 | 115.0 |
| Median Home Price | $405,000 | $437,200 |
| Average Rent (2 BR Apartment) | $1800 | $1800 |
| Average Rent (2 BR House) | $1870 | $1900 |
Housing Comparison: Tempe vs Lake zurich
- The median home price in Lake zurich is higher at $437,200, compared to $405,000 in Tempe.
- The rent for a two-bedroom apartment is equal in both Tempe and Lake zurich 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 | Lake zurich |
|---|---|---|
| Electricity Price | $15.14 | $16.15 |
| Natural Gas Price | $23.51 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Tempe vs Lake zurich
- Lake zurich has higher electricity costs at $16.15 per kWh, versus $15.14 in Tempe.
- Natural gas is more expensive in Tempe at $23.51 per unit, while it is cheaper at $16.59 in Lake zurich.
- Utility expenses are equal in both Tempe and Lake zurich averaging $250.