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ELGIN vs. MEMPHIS
Cost of Living Comparison

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Cost of Living Calculator - Elgin, Illinois vs Memphis, Tennessee

The cost of living in Memphis, Tennessee is 15.4% cheaper than Elgin, Illinois.

You would need a salary of $63,462 in Memphis, Tennessee to maintain the standard of living you have in Elgin, Illinois.

Comparison highlights

• Overall, Memphis, Tennessee is cheaper than Elgin, Illinois
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
43% cheaper in Memphis
than in Elgin, Illinois

Elgin, IL vs Memphis, TN

Compared to Elgin, Memphis is:

Homeowner

No Child Care, Taxes not Considered

15.4% 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

3.1% lower

Housing (Homeowner)

55.5% lower

Housing (Rent)

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Median Home Cost

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Utilities

2.5% lower

Commute

4.0% higher

Health

4.4% higher

Taxes

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Childcare

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Personal

15.5% lower

Cost of Food

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