Memphis, TN vs Tampa, FL
Cost of Living Comparison
Memphis, TN is more affordable by 8.7 index points
Side-by-Side Comparison
| Category | Memphis, TN | Tampa, FL | Difference |
|---|---|---|---|
| Overall | 92.2 | 100.9 | -8.7 |
| Housing | 79.8 | 125.8 | -46.0 |
| Goods | 96.2 | 95.5 | +0.8 |
| Utilities | 74.1 | 88.5 | -14.4 |
| Other Services | 95.4 | 97.6 | -2.2 |
Income & Housing Comparison
| Metric | Memphis, TN | Tampa, FL |
|---|---|---|
| Median Household Income | $62,178 | $67,197 |
| Median Home Value | $207,500 | $273,000 |
| Median Monthly Rent | $1,091 | $1,377 |
| Per Capita Income | $35,194 | $39,605 |
Frequently Asked Questions
Is Memphis, TN or Tampa, FL cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 8.7 index points (Memphis, TN: 92.2, Tampa, FL: 100.9).
Where is housing cheaper, Memphis, TN or Tampa, FL?
Housing is more affordable in Memphis, TN. Housing index: Memphis, TN (79.8) vs Tampa, FL (125.8).