Charlottesville, VA vs Memphis, TN
Cost of Living Comparison
Memphis, TN is more affordable by 7.0 index points
Side-by-Side Comparison
| Category | Charlottesville, VA | Memphis, TN | Difference |
|---|---|---|---|
| Overall | 99.1 | 92.2 | +7.0 |
| Housing | 107.0 | 79.8 | +27.2 |
| Goods | 96.8 | 96.2 | +0.6 |
| Utilities | 89.0 | 74.1 | +14.9 |
| Other Services | 98.6 | 95.4 | +3.2 |
Income & Housing Comparison
| Metric | Charlottesville, VA | Memphis, TN |
|---|---|---|
| Median Household Income | $86,188 | $62,178 |
| Median Home Value | $375,800 | $207,500 |
| Median Monthly Rent | $1,445 | $1,091 |
| Per Capita Income | $50,121 | $35,194 |
Frequently Asked Questions
Is Charlottesville, VA or Memphis, TN cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 7.0 index points (Charlottesville, VA: 99.1, Memphis, TN: 92.2).
Where is housing cheaper, Charlottesville, VA or Memphis, TN?
Housing is more affordable in Memphis, TN. Housing index: Charlottesville, VA (107.0) vs Memphis, TN (79.8).