Jacksonville, FL vs Memphis, TN
Cost of Living Comparison
Memphis, TN is more affordable by 7.3 index points
Side-by-Side Comparison
| Category | Jacksonville, FL | Memphis, TN | Difference |
|---|---|---|---|
| Overall | 99.5 | 92.2 | +7.3 |
| Housing | 109.8 | 79.8 | +30.0 |
| Goods | 96.2 | 96.2 | +0.0 |
| Utilities | 87.5 | 74.1 | +13.4 |
| Other Services | 98.9 | 95.4 | +3.5 |
Income & Housing Comparison
| Metric | Jacksonville, FL | Memphis, TN |
|---|---|---|
| Median Household Income | $73,194 | $62,178 |
| Median Home Value | $281,000 | $207,500 |
| Median Monthly Rent | $1,315 | $1,091 |
| Per Capita Income | $40,164 | $35,194 |
Frequently Asked Questions
Is Jacksonville, FL or Memphis, TN cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 7.3 index points (Jacksonville, FL: 99.5, Memphis, TN: 92.2).
Where is housing cheaper, Jacksonville, FL or Memphis, TN?
Housing is more affordable in Memphis, TN. Housing index: Jacksonville, FL (109.8) vs Memphis, TN (79.8).