Cost of Living Calculator - Madison, Mississippi vs Memphis, Tennessee


The cost of living in Memphis, Tennessee is 21.8% cheaper than Madison, Mississippi.

You would need a salary of $58,670 in Memphis, Tennessee to maintain the standard of living you have in Madison, Mississippi.
Comparison highlights
• Overall, Memphis, Tennessee is cheaper than Madison, Mississippi
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
59% cheaper in Memphis
than in Madison, Mississippi
Madison, MS vs Memphis, TN
Compared to Madison, Memphis is:
  Homeowner
      No Child Care, Taxes not Considered
  21.8% 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
  11.7% lower
  Housing (Homeowner)
  69.5% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  3.2% higher
  Commute
  12.4% higher
  Health
  5.7% lower
  Taxes
  Childcare
  Personal
  16.7% lower

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