CostByCity

Dallas, TX vs Memphis, TN

Cost of Living Comparison

Memphis, TN is more affordable by 10.9 index points

Side-by-Side Comparison

CategoryDallas, TXMemphis, TNDifference
Overall103.192.2+10.9
Housing117.979.8+38.1
Goods102.896.2+6.6
Utilities90.774.1+16.6
Other Services99.795.4+4.3

Income & Housing Comparison

MetricDallas, TXMemphis, TN
Median Household Income$83,398$62,178
Median Home Value$299,000$207,500
Median Monthly Rent$1,409$1,091
Per Capita Income$42,353$35,194

Frequently Asked Questions

Is Dallas, TX or Memphis, TN cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 10.9 index points (Dallas, TX: 103.1, Memphis, TN: 92.2).
Where is housing cheaper, Dallas, TX or Memphis, TN?
Housing is more affordable in Memphis, TN. Housing index: Dallas, TX (117.9) vs Memphis, TN (79.8).