Memphis, TN vs Pensacola, FL
Cost of Living Comparison
Memphis, TN is more affordable by 5.5 index points
Side-by-Side Comparison
| Category | Memphis, TN | Pensacola, FL | Difference |
|---|---|---|---|
| Overall | 92.2 | 97.7 | -5.5 |
| Housing | 79.8 | 98.8 | -19.0 |
| Goods | 96.2 | 96.2 | -0.0 |
| Utilities | 74.1 | 88.5 | -14.4 |
| Other Services | 95.4 | 98.9 | -3.5 |
Income & Housing Comparison
| Metric | Memphis, TN | Pensacola, FL |
|---|---|---|
| Median Household Income | $62,178 | $69,374 |
| Median Home Value | $207,500 | $232,800 |
| Median Monthly Rent | $1,091 | $1,205 |
| Per Capita Income | $35,194 | $35,688 |
Frequently Asked Questions
Is Memphis, TN or Pensacola, FL cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 5.5 index points (Memphis, TN: 92.2, Pensacola, FL: 97.7).
Where is housing cheaper, Memphis, TN or Pensacola, FL?
Housing is more affordable in Memphis, TN. Housing index: Memphis, TN (79.8) vs Pensacola, FL (98.8).