Baltimore, MD vs Memphis, TN
Cost of Living Comparison
Memphis, TN is more affordable by 12.3 index points
Side-by-Side Comparison
| Category | Baltimore, MD | Memphis, TN | Difference |
|---|---|---|---|
| Overall | 104.5 | 92.2 | +12.3 |
| Housing | 118.2 | 79.8 | +38.4 |
| Goods | 102.4 | 96.2 | +6.1 |
| Utilities | 110.2 | 74.1 | +36.1 |
| Other Services | 101.5 | 95.4 | +6.1 |
Income & Housing Comparison
| Metric | Baltimore, MD | Memphis, TN |
|---|---|---|
| Median Household Income | $94,167 | $62,178 |
| Median Home Value | $357,800 | $207,500 |
| Median Monthly Rent | $1,489 | $1,091 |
| Per Capita Income | $49,218 | $35,194 |
Frequently Asked Questions
Is Baltimore, MD or Memphis, TN cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 12.3 index points (Baltimore, MD: 104.5, Memphis, TN: 92.2).
Where is housing cheaper, Baltimore, MD or Memphis, TN?
Housing is more affordable in Memphis, TN. Housing index: Baltimore, MD (118.2) vs Memphis, TN (79.8).