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Jackson, TN vs Memphis, TN: Cost of Living Comparison

Memphis has the lower overall cost of living. (100 = US national average)

Category-by-Category Comparison

Category Jackson Memphis Cheaper
Overall cost of living 74 69 Memphis
Housing 56 ($766) 45 ($786) Memphis
Transportation 110 ($3.50) 109 ($3.50) Memphis
Food & groceries 69 ($283) 69 ($283) Tie
Utilities 78 ($101) 73 ($81) Memphis
Healthcare 78 ($73) 73 ($59) Memphis
Median annual wage 98 ($47,380) 98 ($47,380) Tie

Index 100 = US national average. Lower = cheaper. For wage, higher = better.

Frequently Asked Questions

Is Jackson, TN or Memphis, TN cheaper to live in?

Memphis, TN is cheaper overall by about 5 index points (Jackson, TN: 74, Memphis, TN: 69; 100 = US national average).

What salary do I need in Jackson, TN vs Memphis, TN?

A single adult needs roughly $25,900/year in Jackson, TN and $24,150/year in Memphis, TN to cover basic living costs.

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