Hammond, LA vs Memphis, TN
Cost of Living Comparison
Hammond, LA is more affordable by 7.7 index points
Side-by-Side Comparison
| Category | Hammond, LA | Memphis, TN | Difference |
|---|---|---|---|
| Overall | 84.5 | 92.2 | -7.7 |
| Housing | 48.2 | 79.8 | -31.6 |
| Goods | 93.7 | 96.2 | -2.5 |
| Utilities | 71.0 | 74.1 | -3.1 |
| Other Services | 95.7 | 95.4 | +0.3 |
Income & Housing Comparison
| Metric | Hammond, LA | Memphis, TN |
|---|---|---|
| Median Household Income | $55,274 | $62,178 |
| Median Home Value | $193,300 | $207,500 |
| Median Monthly Rent | $930 | $1,091 |
| Per Capita Income | $29,192 | $35,194 |
Frequently Asked Questions
Is Hammond, LA or Memphis, TN cheaper to live in?
Hammond, LA is more affordable. The cost of living difference is 7.7 index points (Hammond, LA: 84.5, Memphis, TN: 92.2).
Where is housing cheaper, Hammond, LA or Memphis, TN?
Housing is more affordable in Hammond, LA. Housing index: Hammond, LA (48.2) vs Memphis, TN (79.8).