City Comparison

Meridian vs Tempe

Cost of Living Comparison · 2026

Meridian

Idaho
120
Above Average
$509,000
Median Home
$1,725/mo
Median Rent
$99,700
Median Income

Tempe

Arizona
106
Above Average
$400,000
Median Home
$1,600/mo
Median Rent
$56,068
Median Income

The Verdict

13.2%

Tempe is 13.2% less expensive than Meridian overall. A household earning $75,000 in Meridian would need approximately $66,250 in Tempe to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
154
Meridian
114
Tempe
Groceries
104
Meridian
100
Tempe
Utilities
86
Meridian
96
Tempe
Transportation
113
Meridian
103
Tempe
Healthcare
103
Meridian
95
Tempe

Salary Equivalence

A $75,000 salary in Meridian has the same purchasing power as $66,250 in Tempe.

Conversely, $75,000 in Tempe equals $84,906 in Meridian.

Living in Meridian vs Tempe

Housing Costs

Meridian's housing index of 154 is higher Tempe's 114, translating to median home prices of $509,000 vs $400,000. The $109,000 difference in home prices means roughly $7,080 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,725/mo in Meridian compared to $1,600/mo in Tempe, a monthly difference of $125.

Grocery & Food Costs

Grocery expenses index at 104 in Meridian and 100 in Tempe. A household spending the national average of $475/month on groceries would pay approximately $494/month in Meridian 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 86 in Meridian and 96 in Tempe. Monthly utility bills average approximately $344 in Meridian vs $384 in Tempe. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 103 in Meridian and 95 in Tempe. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $99,700 in Meridian and $56,068 in Tempe. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $83,083 and $52,894 respectively. Meridian residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,326/month to housing in Meridian vs $1,308/month in Tempe. In Meridian, median rent of $1,725/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 40 index points — focus your budget analysis there.

Frequently Asked Questions

Tempe is 13.2% more affordable overall with an index of 106 vs 120.
A $75,000 salary in Meridian has equivalent purchasing power to approximately $66,250 in Tempe, based on the cost of living difference.
Meridian's housing index is 154 with median homes at $509,000, while Tempe's is 114 with median homes at $400,000.

Moving & Relocation Resources

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