Newport, Kentucky vs. Memphis, Tennessee

Cost of Living Comparison

The cost of living in Memphis, Tennessee is 9.0% cheaper than Newport, Kentucky.

You would need a salary of $59,126 in Memphis, Tennessee to maintain the standard of living you have in Newport, Kentucky.
Comparison highlights
• Overall, Memphis, Tennessee is cheaper than Newport, Kentucky
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
25% cheaper in Memphis
than in Newport, Kentucky
Newport, KY vs. Memphis, TN
Compared to Newport, Memphis is:
  Homeowner
      No Child Care, Taxes not Considered
  9.0% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  2.4% lower
  Housing (Homeowner)
  24.3% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  6.5% higher
  Commute
  1.3% higher
  Health
  10.1% lower
  Taxes
  Childcare
  Personal
  12.3% lower