Anchorage, AK vs Memphis, TN
Cost of Living Comparison
Memphis, TN is more affordable by 13.2 index points
Side-by-Side Comparison
| Category | Anchorage, AK | Memphis, TN | Difference |
|---|---|---|---|
| Overall | 105.4 | 92.2 | +13.2 |
| Housing | 109.9 | 79.8 | +30.1 |
| Goods | 107.3 | 96.2 | +11.1 |
| Utilities | 111.8 | 74.1 | +37.7 |
| Other Services | 103.3 | 95.4 | +8.0 |
Income & Housing Comparison
| Metric | Anchorage, AK | Memphis, TN |
|---|---|---|
| Median Household Income | $93,016 | $62,178 |
| Median Home Value | $344,500 | $207,500 |
| Median Monthly Rent | $1,375 | $1,091 |
| Per Capita Income | $44,553 | $35,194 |
Frequently Asked Questions
Is Anchorage, AK or Memphis, TN cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 13.2 index points (Anchorage, AK: 105.4, Memphis, TN: 92.2).
Where is housing cheaper, Anchorage, AK or Memphis, TN?
Housing is more affordable in Memphis, TN. Housing index: Anchorage, AK (109.9) vs Memphis, TN (79.8).