Waco, Texas vs. Memphis, Tennessee

Cost of Living Comparison

The cost of living in Memphis, Tennessee is 1.8% cheaper than Waco, Texas.

You would need a salary of $245,564 in Memphis, Tennessee to maintain the standard of living you have in Waco, Texas.
Comparison highlights
• Overall, Memphis, Tennessee is cheaper than Waco, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
28% cheaper in Memphis
than in Waco, Texas
Waco, TX vs. Memphis, TN
Compared to Waco, Memphis is:
  Homeowner
      No Child Care, Taxes not Considered
  1.8% 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
  1.0% higher
  Housing (Homeowner)
  29.7% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.9% lower
  Commute
  30.7% higher
  Health
  4.2% lower
  Taxes
  Childcare
  Personal
  6.2% lower