Lancaster, PA vs Memphis, TN
Cost of Living Comparison
Memphis, TN is more affordable by 6.1 index points
Side-by-Side Comparison
| Category | Lancaster, PA | Memphis, TN | Difference |
|---|---|---|---|
| Overall | 98.3 | 92.2 | +6.1 |
| Housing | 93.8 | 79.8 | +14.0 |
| Goods | 100.7 | 96.2 | +4.5 |
| Utilities | 107.3 | 74.1 | +33.2 |
| Other Services | 97.7 | 95.4 | +2.4 |
Income & Housing Comparison
| Metric | Lancaster, PA | Memphis, TN |
|---|---|---|
| Median Household Income | $81,458 | $62,178 |
| Median Home Value | $263,600 | $207,500 |
| Median Monthly Rent | $1,221 | $1,091 |
| Per Capita Income | $39,872 | $35,194 |
Frequently Asked Questions
Is Lancaster, PA or Memphis, TN cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 6.1 index points (Lancaster, PA: 98.3, Memphis, TN: 92.2).
Where is housing cheaper, Lancaster, PA or Memphis, TN?
Housing is more affordable in Memphis, TN. Housing index: Lancaster, PA (93.8) vs Memphis, TN (79.8).