Memphis, TN vs Prescott Valley, AZ
Cost of Living Comparison
Memphis, TN is more affordable by 6.1 index points
Side-by-Side Comparison
| Category | Memphis, TN | Prescott Valley, AZ | Difference |
|---|---|---|---|
| Overall | 92.2 | 98.3 | -6.1 |
| Housing | 79.8 | 98.8 | -19.0 |
| Goods | 96.2 | 96.2 | -0.0 |
| Utilities | 74.1 | 91.5 | -17.4 |
| Other Services | 95.4 | 99.8 | -4.5 |
Income & Housing Comparison
| Metric | Memphis, TN | Prescott Valley, AZ |
|---|---|---|
| Median Household Income | $62,178 | $62,430 |
| Median Home Value | $207,500 | $354,300 |
| Median Monthly Rent | $1,091 | $1,128 |
| Per Capita Income | $35,194 | $37,666 |
Frequently Asked Questions
Is Memphis, TN or Prescott Valley, AZ cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 6.1 index points (Memphis, TN: 92.2, Prescott Valley, AZ: 98.3).
Where is housing cheaper, Memphis, TN or Prescott Valley, AZ?
Housing is more affordable in Memphis, TN. Housing index: Memphis, TN (79.8) vs Prescott Valley, AZ (98.8).