Looking for a fresh start in a new Tempe neighborhood that is actually affordable? Fortunately, there are some neighborhoods that still offer affordable cost of living. Listed below are the most affordable neighborhoods in Tempe for 2026, ranked by their cost of living index. The cost of living index includes various items such as: goods and services, groceries, utilities, real estate and rental rates. For reference, the national average for cost of living is 100.

Population 1,143
-28%
Cost of Living Index 85 vs 119
28% lower than Tempe
Population 2,959
-16%
Cost of Living Index 99 vs 119
16% lower than Tempe
Population 5,774
-14%
Cost of Living Index 102 vs 119
14% lower than Tempe
Population 159
-13%
Cost of Living Index 103 vs 119
13% lower than Tempe
Population 976
-12%
Cost of Living Index 105 vs 119
12% lower than Tempe
Population 1,663
-12%
Cost of Living Index 105 vs 119
12% lower than Tempe
Population 713
-12%
Cost of Living Index 105 vs 119
12% lower than Tempe
Population 546
-12%
Cost of Living Index 105 vs 119
12% lower than Tempe
Population 463
-12%
Cost of Living Index 105 vs 119
12% lower than Tempe
Population 306
-12%
Cost of Living Index 105 vs 119
12% lower than Tempe
Is This the Right Place for You? Local Insights Report
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Local Insights Report