CostByCity

Boston, MA vs Memphis, TN

Cost of Living Comparison

Memphis, TN is more affordable by 16.1 index points

Side-by-Side Comparison

CategoryBoston, MAMemphis, TNDifference
Overall108.392.2+16.1
Housing148.479.8+68.6
Goods99.796.2+3.4
Utilities148.874.1+74.7
Other Services103.695.4+8.2

Income & Housing Comparison

MetricBoston, MAMemphis, TN
Median Household Income$107,117$62,178
Median Home Value$570,000$207,500
Median Monthly Rent$1,827$1,091
Per Capita Income$58,400$35,194

Frequently Asked Questions

Is Boston, MA or Memphis, TN cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 16.1 index points (Boston, MA: 108.3, Memphis, TN: 92.2).
Where is housing cheaper, Boston, MA or Memphis, TN?
Housing is more affordable in Memphis, TN. Housing index: Boston, MA (148.4) vs Memphis, TN (79.8).