Salt Lake City is 2% cheaper than Tempe.
When comparing Salt Lake City, UT and Tempe, AZ, the overall cost of living indices are 117 and 120 respectively (national median = 100). Rent is $280/month cheaper in Salt Lake City, saving renters about $3,360/year.
Median household income is $2,718/year higher in Tempe. Home values also differ significantly — the median in Salt Lake City is $495,700 compared to $421,900 in Tempe.
Arizona has a lower income tax rate, making Tempe slightly more tax-friendly.
Salt Lake City vs Tempe — common questions
Other cost of living comparisons for Salt Lake City and Tempe