Cost of Living: Tempe, AZ vs Minot, ND
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Tempe | Minot |
|---|---|---|
| Housing Index | 115.5 | 90.0 |
| Median Home Price | $405,000 | $273,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1870 | $1300 |
Housing Comparison: Tempe vs Minot
- In Tempe, the median home price is higher at $405,000, while in Minot it is $273,000.
- Renting a two-bedroom apartment costs more in Tempe at $1,800 than in Minot at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Tempe | Minot |
|---|---|---|
| Electricity Price | $15.14 | $13.65 |
| Natural Gas Price | $23.51 | $10.8 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Tempe vs Minot
- Electricity costs are higher in Tempe at $15.14 per kWh, compared to $13.65 in Minot.
- Natural gas is more expensive in Tempe at $23.51 per unit, while it is cheaper at $10.8 in Minot.
- Other utility costs are higher in Tempe at an average of $250, compared to Minot with $200.