CostByCity

Memphis, TN vs Reading, PA

Cost of Living Comparison

Memphis, TN is more affordable by 4.9 index points

Side-by-Side Comparison

CategoryMemphis, TNReading, PADifference
Overall92.297.1-4.9
Housing79.885.4-5.6
Goods96.2100.7-4.5
Utilities74.1108.2-34.1
Other Services95.497.7-2.4

Income & Housing Comparison

MetricMemphis, TNReading, PA
Median Household Income$62,178$74,617
Median Home Value$207,500$225,700
Median Monthly Rent$1,091$1,078
Per Capita Income$35,194$37,776

Frequently Asked Questions

Is Memphis, TN or Reading, PA cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 4.9 index points (Memphis, TN: 92.2, Reading, PA: 97.1).
Where is housing cheaper, Memphis, TN or Reading, PA?
Housing is more affordable in Memphis, TN. Housing index: Memphis, TN (79.8) vs Reading, PA (85.4).