Independence, Missouri vs. Memphis, Tennessee

Cost of Living Comparison

The cost of living in Memphis, Tennessee is 9.4% cheaper than Independence, Missouri.

You would need a salary of $45,322 in Memphis, Tennessee to maintain the standard of living you have in Independence, Missouri.
Comparison highlights
• Overall, Memphis, Tennessee is cheaper than Independence, Missouri
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
17% cheaper in Memphis
than in Independence, Missouri
Independence, MO vs. Memphis, TN
Compared to Independence, Memphis is:
  Homeowner
      No Child Care, Taxes not Considered
  9.4% 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
  1.8% lower
  Housing (Homeowner)
  30.1% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  8.6% lower
  Commute
  2.4% higher
  Health
  5.4% lower
  Taxes
  Childcare
  Personal
  14.0% lower