Cheapest Cities Near Tempe (2026)

Tempe has a cost of living index of 103 (US avg = 100). Here are 8 more affordable metros to consider as alternatives.

More affordable alternatives

1
Flint, MI25% cheaper
COL: 771BR: $880/moSave $720/mo on rent
2
McAllen, TX24% cheaper
COL: 781BR: $950/moSave $650/mo on rent
3
Jackson, MS23% cheaper
COL: 791BR: $1,000/moSave $600/mo on rent
4
Springfield, MO23% cheaper
COL: 791BR: $950/moSave $650/mo on rent
5
Laredo, TX23% cheaper
COL: 791BR: $950/moSave $650/mo on rent
6
Evansville, IN22% cheaper
COL: 801BR: $990/moSave $610/mo on rent
7
Topeka, KS22% cheaper
COL: 801BR: $940/moSave $660/mo on rent
8
El Paso, TX22% cheaper
COL: 801BR: $1,050/moSave $550/mo on rent

Tempe at a glance

103
COL index
100 = US avg
$1,600
1BR rent
per month
$430K
Home price
median
2.5%
State tax
income

Cities with similar cost of living

COL index sourced from Numbeo, Zillow, and BLS data ยท Q1 2026 ยท For general guidance only