Durham, NC vs Memphis, TN
Cost of Living Comparison
Memphis, TN is more affordable by 5.4 index points
Side-by-Side Comparison
| Category | Durham, NC | Memphis, TN | Difference |
|---|---|---|---|
| Overall | 97.6 | 92.2 | +5.4 |
| Housing | 98.9 | 79.8 | +19.1 |
| Goods | 96.6 | 96.2 | +0.4 |
| Utilities | 89.3 | 74.1 | +15.2 |
| Other Services | 98.2 | 95.4 | +2.8 |
Income & Housing Comparison
| Metric | Durham, NC | Memphis, TN |
|---|---|---|
| Median Household Income | $76,040 | $62,178 |
| Median Home Value | $310,600 | $207,500 |
| Median Monthly Rent | $1,249 | $1,091 |
| Per Capita Income | $44,718 | $35,194 |
Frequently Asked Questions
Is Durham, NC or Memphis, TN cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 5.4 index points (Durham, NC: 97.6, Memphis, TN: 92.2).
Where is housing cheaper, Durham, NC or Memphis, TN?
Housing is more affordable in Memphis, TN. Housing index: Durham, NC (98.9) vs Memphis, TN (79.8).