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 | Jackson | Memphis | Difference |
|---|---|---|---|
| Median rent | $1,007/mo | $1,050/mo | 4.1% lower in A |
| Median home value | $169,300 | $139,600 | 21.3% higher in A |
| Median household income | $48,058 | $48,090 | 0.1% lower in A |
| Groceries index | 97.0 | 97.0 | ≈ equal |
| Utilities index | 79.3 | 80.3 | 1.3% 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 Jackson, you'd need $109,217 in Memphis to maintain your standard of living.
Climate, safety, and demographics side by side.
Jackson, TN is about 8.4% cheaper overall than Memphis, TN, based on our cost-of-living index. Housing costs are roughly 21% lower in Jackson than in Memphis. If you earn $80,000 in Jackson, you'd need about $87,373 in Memphis to keep the same standard of living.