Memphis, TN vs New Haven, CT
Cost of Living Comparison
Memphis, TN is more affordable by 12.4 index points
Side-by-Side Comparison
| Category | Memphis, TN | New Haven, CT | Difference |
|---|---|---|---|
| Overall | 92.2 | 104.6 | -12.4 |
| Housing | 79.8 | 124.3 | -44.5 |
| Goods | 96.2 | 97.3 | -1.1 |
| Utilities | 74.1 | 144.8 | -70.8 |
| Other Services | 95.4 | 102.7 | -7.3 |
Income & Housing Comparison
| Metric | Memphis, TN | New Haven, CT |
|---|---|---|
| Median Household Income | $62,178 | $81,544 |
| Median Home Value | $207,500 | $291,900 |
| Median Monthly Rent | $1,091 | $1,339 |
| Per Capita Income | $35,194 | $45,314 |
Frequently Asked Questions
Is Memphis, TN or New Haven, CT cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 12.4 index points (Memphis, TN: 92.2, New Haven, CT: 104.6).
Where is housing cheaper, Memphis, TN or New Haven, CT?
Housing is more affordable in Memphis, TN. Housing index: Memphis, TN (79.8) vs New Haven, CT (124.3).