CostByCity

McAllen, TX vs Memphis, TN

Cost of Living Comparison

McAllen, TX is more affordable by 6.3 index points

Side-by-Side Comparison

CategoryMcAllen, TXMemphis, TNDifference
Overall85.992.2-6.3
Housing55.979.8-23.9
Goods93.896.2-2.5
Utilities81.274.1+7.1
Other Services96.295.4+0.9

Income & Housing Comparison

MetricMcAllen, TXMemphis, TN
Median Household Income$49,371$62,178
Median Home Value$112,700$207,500
Median Monthly Rent$875$1,091
Per Capita Income$20,844$35,194

Frequently Asked Questions

Is McAllen, TX or Memphis, TN cheaper to live in?
McAllen, TX is more affordable. The cost of living difference is 6.3 index points (McAllen, TX: 85.9, Memphis, TN: 92.2).
Where is housing cheaper, McAllen, TX or Memphis, TN?
Housing is more affordable in McAllen, TX. Housing index: McAllen, TX (55.9) vs Memphis, TN (79.8).