Chicago, Illinois vs. Memphis, Tennessee

Cost of Living Comparison

The cost of living in Memphis, Tennessee is 27.8% cheaper than Chicago, Illinois.

You would need a salary of $75,047 in Memphis, Tennessee to maintain the standard of living you have in Chicago, Illinois.
Comparison highlights
• Overall, Memphis, Tennessee is cheaper than Chicago, Illinois
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
47% cheaper in Memphis
than in Chicago, Illinois
Chicago, IL vs. Memphis, TN
Compared to Chicago, Memphis is:
  Homeowner
      No Child Care, Taxes not Considered
  27.8% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  4.0% lower
  Housing (Homeowner)
  62.6% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  3.8% higher
  Commute
  31.8% lower
  Health
  10.0% higher
  Taxes
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  Childcare
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  Personal
  17.9% lower
Cost of Food
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