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 | Memphis | Nashville-Davidson metropolitan government (balance) | Difference |
|---|---|---|---|
| Median rent | $1,050/mo | $1,392/mo | 24.6% lower in A |
| Median home value | $139,600 | $351,400 | 60.3% lower in A |
| Median household income | $48,090 | $71,328 | 32.6% lower in A |
| Groceries index | 98.7 | 98.7 | ≈ equal |
| Utilities index | 94.8 | 94.8 | ≈ equal |
| Transportation index | 100.5 | 100.5 | ≈ equal |
| Healthcare index | 94.8 | 94.8 | ≈ 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 Memphis, you'd need $132,569 in Nashville-Davidson metropolitan government (balance) to maintain your standard of living.
Climate, safety, and demographics side by side.
Memphis, TN is about 24.6% cheaper overall than Nashville-Davidson metropolitan government (balance), TN, based on our cost-of-living index. Housing costs are roughly 25% lower in Memphis than in Nashville-Davidson metropolitan government (balance). If you earn $80,000 in Memphis, you'd need about $106,055 in Nashville-Davidson metropolitan government (balance) to keep the same standard of living.