Memphis, TN vs Providence, RI
Cost of Living Comparison
Memphis, TN is more affordable by 9.6 index points
Side-by-Side Comparison
| Category | Memphis, TN | Providence, RI | Difference |
|---|---|---|---|
| Overall | 92.2 | 101.8 | -9.6 |
| Housing | 79.8 | 103.9 | -24.0 |
| Goods | 96.2 | 97.1 | -0.9 |
| Utilities | 74.1 | 148.8 | -74.7 |
| Other Services | 95.4 | 102.3 | -6.9 |
Income & Housing Comparison
| Metric | Memphis, TN | Providence, RI |
|---|---|---|
| Median Household Income | $62,178 | $81,136 |
| Median Home Value | $207,500 | $358,200 |
| Median Monthly Rent | $1,091 | $1,165 |
| Per Capita Income | $35,194 | $42,869 |
Frequently Asked Questions
Is Memphis, TN or Providence, RI cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 9.6 index points (Memphis, TN: 92.2, Providence, RI: 101.8).
Where is housing cheaper, Memphis, TN or Providence, RI?
Housing is more affordable in Memphis, TN. Housing index: Memphis, TN (79.8) vs Providence, RI (103.9).