2025 Compare Cities Cost of Living:
Memphis, TN vs Wake Forest, NC

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Highlights
Is it cheaper to live in Wake Forest or is it cheaper to live in Memphis?
- Wake Forest is 23.3% more expensive than Memphis.

Which city has more affordable housing, Wake Forest or Memphis?
- Wake Forest housing costs are 221.0% more expensive than Memphis housing costs.

Is Health Care more affordable in Memphis or is Health Care more affordable in Wake Forest.
- Health related expenses are 2.1% less in Wake Forest.
 Memphis, TNWake Forest, NCUnited States
 Overall  Unlock105.8100
 Food & Groceries93.3  Unlock100
 Health  Unlock94.8100
 Housing42.4  Unlock100
 Median Home Cost  Unlock$483,600$338,100
 Utilities96  Unlock100
 Transportation  Unlock96.2100
 Miscellaneous100.2  Unlock100
100 = National Average (Below 100 means cheaper than the US average. Above 100 means more expensive.)
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Reviews for Memphis    148 Reviews

I was mugged my very first night in Memphis. They tried to take my iPhone. I was walking only a block from my house in a "safe" area, too.  More

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Memphis is a city with a history of civil rights, slavery , blues and rockn'roll music. It's a great place for a weekend getaway. This city has lots of great things to  More

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Over 5 years ago

Do you like being panhandled every 30 seconds? Love that cool ambiance of gangs? Are drugs your thing? Then you will love Memphis. Had good times here in the 90’s, the  More

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Reviews for Wake Forest    5 Reviews

Im a 22 year old male from Denver Colorado.im looking to relocate and transfer for work . Colorado has high taxes and high cost of living and also to much snow during  More

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Relocating from New York City three years ago took some adjustment and once settled in Wake Forest I was able to breath a little bit easier. The pace is something you  More

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The Triangle is a great place to work and live, more reasonable than the North but more expensive than most places in the South. We live in a beautiful  More

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