About the sameBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Tempe to live the same way.
🏠 Rent per month
$1,649
$1,953
🛏️ 2-bedroom rent
$1,805
$1,899
💵 Families earn per year
$87,192
$85,917
🔑 Buying a house
$362,200
$455,400
📊 Overall prices (U.S. = 100)
104.8
103.3
🏛️ Property tax per year
$4,339
$2,175
⚡ Electric bill per month
$91
$146
👥 People living there
427,246
188,065
Commute to work
22 min
20.9 min
College degree
55.5%
50%
Own their home
47.7%
42.3%
Below poverty line
16%
15.8%
Unemployment
5.9%
5.5%
Bottom line
- Pick Minneapolis for lower rent, cheaper 2-bedroom apartments, higher incomes and 2 more.
- Pick Tempe for shorter commutes, less poverty, lower unemployment.
Pay for the same job
| Job | Minneapolis | Tempe | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $25,920 | $47,530 | +83% in Tempe |
| Firefighter | $39,350 | $61,780 | +57% in Tempe |
| Plumber | $101,630 | $63,750 | -37% in Tempe |
| Elementary School Teacher | $79,730 | $59,180 | -26% in Tempe |
| Electrician | $81,890 | $61,210 | -25% in Tempe |
| Market Research Analyst | $97,910 | $74,590 | -24% in Tempe |
| HVAC Technician | $77,490 | $61,170 | -21% in Tempe |
| Licensed Practical Nurse | $65,660 | $78,080 | +19% in Tempe |
Frequently asked questions
Is Minneapolis or Tempe cheaper to live in?
Minneapolis and Tempe cost about the same once rent and everyday costs are combined.
What salary do I need in Tempe to match $60,000 in Minneapolis?
About $59,138 a year gives the same standard of living in Tempe.
Where do people earn more, Minneapolis or Tempe?
The typical household earns $87,192 in Minneapolis and $85,917 in Tempe, 1% more in Minneapolis.