Cost of Living: Tempe, AZ vs Wylie, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Tempe | Wylie |
|---|---|---|
| Housing Index | 115.5 | 90.2 |
| Median Home Price | $405,000 | $350,000 |
| Average Rent (2 BR Apartment) | $1800 | $1500 |
| Average Rent (2 BR House) | $1870 | $1600 |
Housing Comparison: Tempe vs Wylie
- In Tempe, the median home price is higher at $405,000, while in Wylie it is $350,000.
- Renting a two-bedroom apartment costs more in Tempe at $1,800 than in Wylie at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Tempe | Wylie |
|---|---|---|
| Electricity Price | $15.14 | $14.47 |
| Natural Gas Price | $23.51 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Tempe vs Wylie
- Electricity costs are higher in Tempe at $15.14 per kWh, compared to $14.47 in Wylie.
- Wylie experiences higher natural gas costs at $26.29 per unit, with costs at $23.51 in Tempe.
- Utility expenses are equal in both Tempe and Wylie averaging $250.