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COVINGTON vs. MEMPHIS
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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Covington, Louisiana vs. Memphis, Tennessee
Cost of Living Comparison
The cost of living in Memphis, Tennessee is
21.3%
cheaper
than Covington, Louisiana.
You would need a salary of
$62,944
in Memphis, Tennessee to maintain the standard of living you have in Covington, Louisiana.
Comparison highlights
• Overall, Memphis, Tennessee is
cheaper
than Covington, Louisiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
49% cheaper in Memphis
than in Covington, Louisiana
Covington, LA vs. Memphis, TN
Compared to Covington, Memphis is:
Homeowner
No Child Care, Taxes not Considered
21.3% 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
5.6% lower
Housing (Homeowner)
60.0% lower
Housing (Rent)
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Median Home Cost
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Utilities
8.9% higher
Commute
9.2% lower
Health
12.9% lower
Taxes
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Childcare
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Personal
12.2% lower
Cost of Food
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