Hopewell, Tennessee vs. Memphis, Tennessee

Cost of Living Comparison

The cost of living in Memphis, Tennessee is 5.8% cheaper than Hopewell, Tennessee.

You would need a salary of $47,084 in Memphis, Tennessee to maintain the standard of living you have in Hopewell, Tennessee.
Comparison highlights
• Overall, Memphis, Tennessee is cheaper than Hopewell, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
41% cheaper in Memphis
than in Hopewell, Tennessee
Hopewell, TN vs. Memphis, TN
Compared to Hopewell, Memphis is:
  Homeowner
      No Child Care, Taxes not Considered
  5.8% 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
  5.1% lower
  Housing (Homeowner)
  46.2% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  0.4% higher
  Commute
  24.7% higher
  Health
  3.0% lower
  Taxes
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  Childcare
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  Personal
  4.8% lower
Cost of Food
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