Memphis, TN vs Reno, NV
Cost of Living Comparison
Memphis, TN is more affordable by 8.8 index points
Side-by-Side Comparison
| Category | Memphis, TN | Reno, NV | Difference |
|---|---|---|---|
| Overall | 92.2 | 101.0 | -8.8 |
| Housing | 79.8 | 123.5 | -43.7 |
| Goods | 96.2 | 96.3 | -0.0 |
| Utilities | 74.1 | 89.3 | -15.2 |
| Other Services | 95.4 | 98.7 | -3.4 |
Income & Housing Comparison
| Metric | Memphis, TN | Reno, NV |
|---|---|---|
| Median Household Income | $62,178 | $81,576 |
| Median Home Value | $207,500 | $458,700 |
| Median Monthly Rent | $1,091 | $1,400 |
| Per Capita Income | $35,194 | $44,449 |
Frequently Asked Questions
Is Memphis, TN or Reno, NV cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 8.8 index points (Memphis, TN: 92.2, Reno, NV: 101.0).
Where is housing cheaper, Memphis, TN or Reno, NV?
Housing is more affordable in Memphis, TN. Housing index: Memphis, TN (79.8) vs Reno, NV (123.5).