Austin, TX vs Tempe, AZ: 134 vs 120

$1,655/mo ↑ 2%

Median Rent

$1,623/mo ↓ 2%

$91,461/yr ↑ 18%

Median Income

$77,643/yr ↓ 15%

$512,700 ↑ 22%

Home Value

$421,900 ↓ 18%

$1,747/mo ↑ 12%

Owner Costs

$1,554/mo ↓ 11%

967,862

Population

186,419

Detailed Comparison

When comparing Austin, TX and Tempe, AZ, the overall cost of living indices are 134 and 120 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $13,818/year higher in Austin. Home values also differ significantly — the median in Austin is $512,700 compared to $421,900 in Tempe.

Texas has no state income tax, giving Austin residents a significant tax advantage over Arizona's 2.5% rate.

Frequently Asked Questions

Austin vs Tempe — common questions

Is Austin or Tempe cheaper to live in?

Based on our cost index, Tempe is cheaper to live in with an index of 120 compared to 134 (US average = 100).

What is the rent difference between Austin and Tempe?

Median rent in Austin is $1,655/month and in Tempe it's $1,623/month — a difference of $32/month.

Which city has higher income, Austin or Tempe?

Median household income is $91,461 in Austin and $77,643 in Tempe. Median household income is $13,818/year higher in Austin.

How do taxes compare between Texas and Arizona?

Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax.

Should I move to Austin or Tempe?

It depends on your priorities. Austin has a cost index of 134 with median rent of $1,655/mo, while Tempe has a cost index of 120 with rent of $1,623/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Austin, TX vs Tempe, AZ (2026)

Austin

Tempe

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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