Loading
Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Tempe is a financial step down — higher costs without proportional income gain.
Tempe has a cost index of 108 vs 107 for Austin. Tempe is 1 points more expensive overall. Monthly rent goes from $1,531 to $1,679 (+10%).
If you earn the Austin median of $91,461, you would need approximately $92,316/year in Tempe to maintain equivalent purchasing power, based on the cost index difference of 1 points (1%).
Median rent in Austin is $1,531/month. In Tempe it is $1,679/month — a difference of +$148 per month, or $1,776 per year.
Moving to Tempe is a financial step down — higher costs without proportional income gain. The salary equivalent to maintain your current lifestyle is $92,316/year in Tempe. The median income there is $77,643.
Estimated monthly essentials total $3,570 in Austin vs $3,731 in Tempe — a difference of +$161/month (+$1,932/year).
The median home price in Tempe is $466,198 vs $500,627 in Austin. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $2,357 in Tempe vs $2,531 in Austin.