Cost of Living: Tempe, AZ vs Los angeles, CA
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Tempe | Los angeles |
---|---|---|
Housing Index | 115.5 | 140.0 |
Median Home Price | $405,000 | $837,000 |
Average Rent (2 BR Apartment) | $1800 | $3200 |
Average Rent (2 BR House) | $1870 | $3200 |
Housing Comparison: Tempe vs Los angeles
- The median home price in Los angeles is higher at $837,000, compared to $405,000 in Tempe.
- In Los angeles, the rental for a two-bedroom apartment stands at $3,200, while it is $1,800 in Tempe.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Tempe | Los angeles |
---|---|---|
Electricity Price | $15.14 | $32.99 |
Natural Gas Price | $23.51 | $16.99 |
Other Utilities | $250 | $250 |
Utilities Comparison: Tempe vs Los angeles
- Los angeles has higher electricity costs at $32.99 per kWh, versus $15.14 in Tempe.
- Natural gas is more expensive in Tempe at $23.51 per unit, while it is cheaper at $16.99 in Los angeles.
- Utility expenses are equal in both Tempe and Los angeles averaging $250.