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 | Cleveland | Memphis | Difference |
|---|---|---|---|
| Median rent | $922/mo | $1,050/mo | 12.2% lower in A |
| Median home value | $225,700 | $139,600 | 61.7% higher in A |
| Median household income | $52,468 | $48,090 | 9.1% higher in A |
| Groceries index | 97.0 | 97.0 | ≈ equal |
| Utilities index | 79.1 | 80.3 | 1.6% lower in A |
| Transportation index | 96.8 | 96.9 | ≈ equal |
| Healthcare index | 95.0 | 95.2 | ≈ equal |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Cleveland, you'd need $108,880 in Memphis to maintain your standard of living.
Climate, safety, and demographics side by side.
Cleveland, TN is about 8.2% cheaper overall than Memphis, TN, based on our cost-of-living index. Housing costs are roughly 21% lower in Cleveland than in Memphis. If you earn $80,000 in Cleveland, you'd need about $87,104 in Memphis to keep the same standard of living.