Houston, TX vs Memphis, TN
Cost of Living Comparison
Memphis, TN is more affordable by 6.5 index points
Side-by-Side Comparison
| Category | Houston, TX | Memphis, TN | Difference |
|---|---|---|---|
| Overall | 98.6 | 92.2 | +6.5 |
| Housing | 104.5 | 79.8 | +24.7 |
| Goods | 100.6 | 96.2 | +4.4 |
| Utilities | 95.3 | 74.1 | +21.2 |
| Other Services | 95.6 | 95.4 | +0.2 |
Income & Housing Comparison
| Metric | Houston, TX | Memphis, TN |
|---|---|---|
| Median Household Income | $78,061 | $62,178 |
| Median Home Value | $253,600 | $207,500 |
| Median Monthly Rent | $1,301 | $1,091 |
| Per Capita Income | $39,997 | $35,194 |
Frequently Asked Questions
Is Houston, TX or Memphis, TN cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 6.5 index points (Houston, TX: 98.6, Memphis, TN: 92.2).
Where is housing cheaper, Houston, TX or Memphis, TN?
Housing is more affordable in Memphis, TN. Housing index: Houston, TX (104.5) vs Memphis, TN (79.8).