Raleigh is 8% cheaper than Tempe.
When comparing Raleigh, NC and Tempe, AZ, the overall cost of living indices are 110 and 120 respectively (national median = 100). Rent is $155/month cheaper in Raleigh, saving renters about $1,860/year.
Median household income is $4,781/year higher in Raleigh. Home values also differ significantly — the median in Raleigh is $377,800 compared to $421,900 in Tempe.
Arizona has a lower income tax rate, making Tempe slightly more tax-friendly.
Raleigh vs Tempe — common questions
Other cost of living comparisons for Raleigh and Tempe