CostByCity

Memphis, TN vs Niles, MI

Cost of Living Comparison

Memphis, TN is more affordable by 0.2 index points

Side-by-Side Comparison

CategoryMemphis, TNNiles, MIDifference
Overall92.292.4-0.2
Housing79.871.6+8.2
Goods96.293.7+2.5
Utilities74.196.0-21.9
Other Services95.499.6-4.2

Income & Housing Comparison

MetricMemphis, TNNiles, MI
Median Household Income$62,178$60,379
Median Home Value$207,500$193,600
Median Monthly Rent$1,091$885
Per Capita Income$35,194$36,764

Frequently Asked Questions

Is Memphis, TN or Niles, MI cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 0.2 index points (Memphis, TN: 92.2, Niles, MI: 92.4).
Where is housing cheaper, Memphis, TN or Niles, MI?
Housing is more affordable in Niles, MI. Housing index: Memphis, TN (79.8) vs Niles, MI (71.6).