Madison, WI vs Memphis, TN
Cost of Living Comparison
Memphis, TN is more affordable by 5.1 index points
Side-by-Side Comparison
| Category | Madison, WI | Memphis, TN | Difference |
|---|---|---|---|
| Overall | 97.3 | 92.2 | +5.1 |
| Housing | 99.7 | 79.8 | +19.9 |
| Goods | 93.8 | 96.2 | -2.4 |
| Utilities | 89.8 | 74.1 | +15.7 |
| Other Services | 99.4 | 95.4 | +4.0 |
Income & Housing Comparison
| Metric | Madison, WI | Memphis, TN |
|---|---|---|
| Median Household Income | $82,996 | $62,178 |
| Median Home Value | $320,700 | $207,500 |
| Median Monthly Rent | $1,228 | $1,091 |
| Per Capita Income | $47,694 | $35,194 |
Frequently Asked Questions
Is Madison, WI or Memphis, TN cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 5.1 index points (Madison, WI: 97.3, Memphis, TN: 92.2).
Where is housing cheaper, Madison, WI or Memphis, TN?
Housing is more affordable in Memphis, TN. Housing index: Madison, WI (99.7) vs Memphis, TN (79.8).