Elgin vs Tempe
Cost of Living Comparison · 2026
Elgin
Tempe
The Verdict
The cost gap between these cities is 10.4%, with Elgin being the more affordable option. A $75,000 income in Elgin has equivalent purchasing power to $83,684 in Tempe.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Elgin has the same purchasing power as $83,684 in Tempe.
Conversely, $75,000 in Tempe equals $67,217 in Elgin.
Living in Elgin vs Tempe
Housing Costs
Elgin's housing index of 89 is lower Tempe's 114, translating to median home prices of $279,000 vs $400,000. The $121,000 difference in home prices means roughly $7,860 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,375/mo in Elgin compared to $1,600/mo in Tempe, a monthly difference of $225.
Grocery & Food Costs
Grocery expenses index at 104 in Elgin and 100 in Tempe. A household spending the national average of $475/month on groceries would pay approximately $494/month in Elgin vs $475/month in Tempe. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 89 in Elgin and 96 in Tempe. Monthly utility bills average approximately $356 in Elgin vs $384 in Tempe. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 105 in Elgin and 95 in Tempe. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 10-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $90,300 in Elgin and $56,068 in Tempe. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $95,053 and $52,894 respectively. Elgin residents enjoy stronger real purchasing power despite higher nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $2,107/month to housing in Elgin vs $1,308/month in Tempe. In Elgin, median rent of $1,375/mo fits within this budget. In Tempe, median rent of $1,600/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 25 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
As an Amazon Associate we earn from qualifying purchases