CostByCity

Jonesboro, AR vs Memphis, TN

Cost of Living Comparison

Jonesboro, AR is more affordable by 6.3 index points

Side-by-Side Comparison

CategoryJonesboro, ARMemphis, TNDifference
Overall85.992.2-6.3
Housing53.879.8-26.0
Goods93.696.2-2.6
Utilities75.074.1+0.9
Other Services95.395.4-0.1

Income & Housing Comparison

MetricJonesboro, ARMemphis, TN
Median Household Income$52,709$62,178
Median Home Value$166,600$207,500
Median Monthly Rent$852$1,091
Per Capita Income$30,185$35,194

Frequently Asked Questions

Is Jonesboro, AR or Memphis, TN cheaper to live in?
Jonesboro, AR is more affordable. The cost of living difference is 6.3 index points (Jonesboro, AR: 85.9, Memphis, TN: 92.2).
Where is housing cheaper, Jonesboro, AR or Memphis, TN?
Housing is more affordable in Jonesboro, AR. Housing index: Jonesboro, AR (53.8) vs Memphis, TN (79.8).