City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Chattanooga | Memphis | Difference |
|---|---|---|---|
| Median rent | $1,066/mo | $1,050/mo | 1.5% higher in A |
| Median home value | $230,500 | $139,600 | 65.1% higher in A |
| Median household income | $57,703 | $48,090 | 20.0% higher in A |
| Groceries index | 98.5 | 98.3 | ≈ equal |
| Utilities index | 95.2 | 95.0 | ≈ equal |
| Transportation index | 82.0 | 81.7 | ≈ equal |
| Healthcare index | 95.1 | 94.6 | 0.5% higher in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Chattanooga, you'd need $99,195 in Memphis to maintain your standard of living.
Climate, safety, and demographics side by side.
Memphis, TN is about 0.8% cheaper overall than Chattanooga, TN, based on our cost-of-living index. If you earn $80,000 in Chattanooga, you'd need about $79,356 in Memphis to keep the same standard of living.