Albuquerque is 33% cheaper than Tempe.
When comparing Albuquerque, NM and Tempe, AZ, the overall cost of living indices are 80 and 120 respectively (national median = 100). Rent is $538/month cheaper in Albuquerque, saving renters about $6,456/year.
Median household income is $12,039/year higher in Tempe. Home values also differ significantly — the median in Albuquerque is $266,700 compared to $421,900 in Tempe.
Arizona has a lower income tax rate, making Tempe slightly more tax-friendly.
Albuquerque vs Tempe — common questions
Other cost of living comparisons for Albuquerque and Tempe