?WhereToHQ

Maricopa County · Arizona · West · 188k residents

Tempe, AZ: cost of living, taxes & quality of life

Residential facts for Tempe: housing, taxes, monthly costs, climate, schools, and household income, with the Arizona median as the yardstick. Compare it live against any of 3,000 US cities.

Data coverage: ACS place data; supplementary fields may use state estimates.

The acs median home value in Tempe is $455,400, 18% above the Arizona median. A two-bedroom rents for about $1,791/mo. Day-to-day costs index at 110 against a national baseline of 100. The median household here earns $79,663 a year.

What the numbers show

Source-confirmed findings
  • Housing value: The ACS median home value in Tempe is $455,400, 18.3% above the median for ACS-covered places in Arizona.
  • Household income: Median household income is $79,663, 4.4% above the median for ACS-covered places in Arizona.
  • Adult education: 50% of adults have a bachelor's degree or higher, 96.9% above the median for ACS-covered places in Arizona.
  • Home value to income: The ACS median home value is about 5.7 times median household income. This is a comparison measure, not a mortgage qualification or affordability promise.

Source: U.S. Census Bureau, 2024 American Community Survey 5-year estimates(2024 ACS 5-year; tables B01003, B15003, B19013, B25077). Geography: Census place where available. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

WhereToHQ calculates the comparisons. Figures are estimates for context, not a guarantee or personal financial advice. Read the methodology or send a correction.

What makes this place distinctive

A factual snapshot of the place, based on the profile data. It is not a tourism or cultural claim.

A desert college town where a lake, a university, and a dense event calendar keep the city moving.

Known for: Arizona State University, Tempe Town Lake, Mill Avenue, and tech culture.

Calendar note: Tempe Festival of the Arts is a signature annual event.

Story source: Tempe Tourism Office

  • Scale: A mid-sized city with a population between 50,000 and 250,000 in the profile data.
  • Setting: The profile places Tempe about 26 miles from the nearest tracked mountain.
  • Climate signal: The profile records 290 sunny days and 0 inches of annual snow.
  • Daily pace: The profile records a walk score of 38 and an average commute of 26 minutes.

WhereToHQ derives these signals from the committed city dataset. Read the methodology for coverage and source limits.

Compare Tempe side by side

Cost of living index

110

cheaper than 36% of US cities

ACS median home value

$455,400

+18% vs state mediancheaper than 33% of US cities

2-bedroom rent

$1,791/mo

cheaper than 31% of US cities

Median household income

$79,663

+4.4% vs state median≈ US median

Housing momentum

How fast Tempe's housing market is moving, ranked against the US cities we track.

16/100

Cooling

Rents YoY: -1.8% (bottom 5%)Home prices YoY: -1.4% (bottom 22%)Home prices MoM: -0.4% (bottom 16%)
Momentum slowing · 18 over 2 yr

Ranks Tempe's home-price and rent growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. Not investment or relocation advice.

$a year

Adjusted by Tempe's cost-of-living index versus the US average.

All facets · Tempe
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Real listings in Tempe

Homes on ZillowRealtor.comRentals on ZillowApartments.com

Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.

Questions & answers
What is the cost of living in Tempe, AZ?
Tempe indexes at 110 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,791/mo and a acs median home value of $455,400.
How much does a house cost in Tempe?
The acs median home value in Tempe is $455,400, 18% above the Arizona median (Census ACS estimate; individual listings vary).
How much is rent in Tempe?
A two-bedroom in Tempe rents for about $1,791/mo.