2025 Compare Cities Cost of Living:
Richmond, IN vs Memphis, TN

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Highlights
Is it cheaper to live in Memphis or is it cheaper to live in Richmond?
- Memphis is 21.5% more expensive than Richmond.

Which city has more affordable housing, Memphis or Richmond?
- Memphis housing costs are 36.3% more expensive than Richmond housing costs.

Is Health Care more affordable in Richmond or is Health Care more affordable in Memphis.
- Health related expenses are 0.5% more in Memphis.
 Richmond, INMemphis, TNUnited States
 Overall  Unlock85.8100
 Food & Groceries90.9  Unlock100
 Health  Unlock96.8100
 Housing31.1  Unlock100
 Median Home Cost  Unlock$148,300$338,100
 Utilities95  Unlock100
 Transportation  Unlock94.5100
 Miscellaneous71.6  Unlock100
100 = National Average (Below 100 means cheaper than the US average. Above 100 means more expensive.)
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Reviews for Richmond    5 Reviews

do you see any changes no and lot of people don't even vote in this poverty retirement town. most of the educated people have left Richmond and Indiana all together. Be  More

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Over 12 years ago

Richmond is an attractive city for the most part, but for its population there is way to much crime. The police seem to worry more about petty issues like driving  More

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Over 14 years ago

Richmond is a great city homes here are very reasonable to buy. We have great parks. And lots of things to do for a town our size. I was born here so were my parents and  More

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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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