What is a pro or con of living in Memphis, Tennesseecompared to Louisa, Kentucky?

Housing is 35% cheaper in Memphis.

What salary do I need to live in Memphis, Tennessee copmared to Louisa, Kentucky?

A salary of $50,000 in Louisa, Kentucky could decrease to $48,559 in Memphis, Tennessee (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

Comparison

Food

Housing

Utilities

Commute

Health

Taxes

Childcare

Personal

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LOUISA vs. MEMPHIS
Cost of Living Comparison

Louisa, Kentucky vs. Memphis, Tennessee

Cost of Living Comparison

The cost of living in Memphis, Tennessee is 2.9% cheaper than Louisa, Kentucky.

You would need a salary of $48,559 in Memphis, Tennessee to maintain the standard of living you have in Louisa, Kentucky.

Comparison highlights

• Overall, Memphis, Tennessee is cheaper than Louisa, Kentucky
• Housing is the biggest factor in the cost of living difference.

Housing
35% cheaper in Memphis
than in Louisa, Kentucky

Louisa, KY vs. Memphis, TN

Compared to Louisa, Memphis is:

Homeowner

No Child Care, Taxes not Considered

2.9% 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

3.9% lower

Housing (Homeowner)

35.9% lower

Housing (Rent)

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Median Home Cost

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Utilities

0.8% higher

Commute

4.5% higher

Health

1.9% lower

Taxes

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Childcare

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Personal

3.4% lower

Cost of Food

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Louisa, Kentucky vs. Memphis, Tennessee

Cost of Living Comparison

Comparison highlights

Louisa, KY vs. Memphis, TN

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