Memphis, TN vs Portland, ME
Cost of Living Comparison
Memphis, TN is more affordable by 9.7 index points
Side-by-Side Comparison
| Category | Memphis, TN | Portland, ME | Difference |
|---|---|---|---|
| Overall | 92.2 | 101.9 | -9.7 |
| Housing | 79.8 | 105.2 | -25.4 |
| Goods | 96.2 | 97.2 | -1.0 |
| Utilities | 74.1 | 134.6 | -60.5 |
| Other Services | 95.4 | 103.2 | -7.8 |
Income & Housing Comparison
| Metric | Memphis, TN | Portland, ME |
|---|---|---|
| Median Household Income | $62,178 | $84,095 |
| Median Home Value | $207,500 | $344,900 |
| Median Monthly Rent | $1,091 | $1,282 |
| Per Capita Income | $35,194 | $47,110 |
Frequently Asked Questions
Is Memphis, TN or Portland, ME cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 9.7 index points (Memphis, TN: 92.2, Portland, ME: 101.9).
Where is housing cheaper, Memphis, TN or Portland, ME?
Housing is more affordable in Memphis, TN. Housing index: Memphis, TN (79.8) vs Portland, ME (105.2).