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SOMERSET vs. MEMPHIS
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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Somerset, New Jersey vs. Memphis, Tennessee
Cost of Living Comparison
The cost of living in Memphis, Tennessee is
38.1%
cheaper
than Somerset, New Jersey.
You would need a salary of
$43,776
in Memphis, Tennessee to maintain the standard of living you have in Somerset, New Jersey.
Comparison highlights
• Overall, Memphis, Tennessee is
cheaper
than Somerset, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
65% cheaper in Memphis
than in Somerset, New Jersey
Somerset, NJ vs. Memphis, TN
Compared to Somerset, Memphis is:
Homeowner
No Child Care, Taxes not Considered
38.1% 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
11.3% lower
Housing (Homeowner)
72.7% lower
Housing (Rent)
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Median Home Cost
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Utilities
12.1% lower
Commute
33.6% lower
Health
0.7% lower
Taxes
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Childcare
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Personal
25.6% lower
Cost of Food
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