Calculate using real Tempe data. Median home price: $410,000. Property tax rate: 0.64%.
Tempe, AZ has a cost of living index of 102, where 100 represents the national average. This means living in Tempe is 2% more expensive the national average.
The median household income in Tempe, AZ is $60,315. Combined with a cost of living index of 102, this provides a picture of purchasing power in the area.
The median home price in Tempe, AZ is $410,000 with a property tax rate of 0.64%. Monthly housing costs (mortgage + taxes + insurance) on a median-priced home would be approximately $2,442.