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RICHMOND vs. MEMPHIS
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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Richmond, Virginia vs. Memphis, Tennessee
Cost of Living Comparison
The cost of living in Memphis, Tennessee is
19.4%
cheaper
than Richmond, Virginia.
You would need a salary of
$24,194
in Memphis, Tennessee to maintain the standard of living you have in Richmond, Virginia.
Comparison highlights
• Overall, Memphis, Tennessee is
cheaper
than Richmond, Virginia
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
54% cheaper in Memphis
than in Richmond, Virginia
Richmond, VA vs. Memphis, TN
Compared to Richmond, Memphis is:
Homeowner
No Child Care, Taxes not Considered
19.4% 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
4.8% lower
Housing (Homeowner)
60.0% lower
Housing (Rent)
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Median Home Cost
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Utilities
2.6% lower
Commute
13.2% higher
Health
2.4% lower
Taxes
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Childcare
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Personal
16.4% lower
Cost of Food
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