Peoria is 3% cheaperBased 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
$2,185
$1,953
🛏️ 2-bedroom rent
$1,814
$1,899
💵 Families earn per year
$103,336
$85,917
🔑 Buying a house
$463,600
$455,400
📊 Overall prices (U.S. = 100)
100.7
103.3
🏛️ Property tax per year
$2,160
$2,175
⚡ Electric bill per month
$204
$146
👥 People living there
196,906
188,065
Commute to work
28.2 min
20.9 min
College degree
36.3%
50%
Own their home
76%
42.3%
Below poverty line
8.4%
15.8%
Unemployment
4%
5.5%
Bottom line
- Pick Peoria for cheaper 2-bedroom apartments, higher incomes, less poverty and 1 more.
- Pick Tempe for lower rent, cheaper homes, shorter commutes and 1 more.
Frequently asked questions
Is Peoria or Tempe cheaper to live in?
Peoria is about 3% cheaper overall. Rent is $2,185 a month there versus $1,953 in Tempe.
What salary do I need in Tempe to match $60,000 in Peoria?
About $61,573 a year gives the same standard of living in Tempe.
Where do people earn more, Peoria or Tempe?
The typical household earns $103,336 in Peoria and $85,917 in Tempe, 20% more in Peoria.