CostByCity

Memphis, TN vs Washington, DC

Cost of Living Comparison

Memphis, TN is more affordable by 16.7 index points

Side-by-Side Comparison

CategoryMemphis, TNWashington, DCDifference
Overall92.2108.9-16.7
Housing79.8151.1-71.3
Goods96.2104.8-8.6
Utilities74.1106.7-32.6
Other Services95.4102.3-6.9

Income & Housing Comparison

MetricMemphis, TNWashington, DC
Median Household Income$62,178$119,803
Median Home Value$207,500$513,300
Median Monthly Rent$1,091$1,904
Per Capita Income$35,194$59,587

Frequently Asked Questions

Is Memphis, TN or Washington, DC cheaper to live in?
Memphis, TN is more affordable. The cost of living difference is 16.7 index points (Memphis, TN: 92.2, Washington, DC: 108.9).
Where is housing cheaper, Memphis, TN or Washington, DC?
Housing is more affordable in Memphis, TN. Housing index: Memphis, TN (79.8) vs Washington, DC (151.1).