Hilton Head Island, SC vs Memphis, TN
Cost of Living Comparison
Memphis, TN is more affordable by 5.8 index points
Side-by-Side Comparison
| Category | Hilton Head Island, SC | Memphis, TN | Difference |
|---|---|---|---|
| Overall | 98.0 | 92.2 | +5.8 |
| Housing | 101.2 | 79.8 | +21.4 |
| Goods | 96.3 | 96.2 | +0.1 |
| Utilities | 88.1 | 74.1 | +14.0 |
| Other Services | 98.3 | 95.4 | +2.9 |
Income & Housing Comparison
| Metric | Hilton Head Island, SC | Memphis, TN |
|---|---|---|
| Median Household Income | $77,536 | $62,178 |
| Median Home Value | $364,800 | $207,500 |
| Median Monthly Rent | $1,400 | $1,091 |
| Per Capita Income | $45,854 | $35,194 |
Frequently Asked Questions
Is Hilton Head Island, SC or Memphis, TN cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 5.8 index points (Hilton Head Island, SC: 98.0, Memphis, TN: 92.2).
Where is housing cheaper, Hilton Head Island, SC or Memphis, TN?
Housing is more affordable in Memphis, TN. Housing index: Hilton Head Island, SC (101.2) vs Memphis, TN (79.8).