Tempe, AZ Cost of Living (2024): How Expensive Is It?

What salary do you need to live in Tempe, AZ?

Overall, on average, a gross annual salary of $60,838 is required for an average quality of life in Tempe, AZ.

Does Tempe, AZ have a high cost of living?

Tempe, AZ is ranked 164th out of the top 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered as one of cheaper cities in which to live in the U.S. Tempe, AZ's average monthly rent is 23% lower than than the U.S. average cost of rent.

Is $75K a good salary in Tempe, AZ?

A gross annual salary of $75,000 in Tempe, AZ will yield an average annual net salary of $64,365. Considering that the total average annual cost of living in Tempe, AZ is $45,746, a gross annual salary of $75,000 will be sufficient to cover average living costs.

How much should I pay for rent in Tempe, AZ?

The average monthly rent in Tempe, AZ in the city center is $1,405 for a 1 bedroom apartment, $1,706 for a 2 bedroom apartment and $2,200 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,209 for a 1 bedroom apartment, $1,504 for a 2 bedroom apartment and $1,904 for a 3 bedroom apartment.