Memphis, Tennessee vs. Honey Grove, Texas

Cost of Living Comparison

The cost of living in Honey Grove, Texas is 1.7% cheaper than Memphis, Tennessee.

You would need a salary of $49,161 in Honey Grove, Texas to maintain the standard of living you have in Memphis, Tennessee.
Comparison highlights
• Overall, Honey Grove, Texas is cheaper than Memphis, Tennessee
• Childcare is the biggest factor in the cost of living difference.
Childcare
51% cheaper in Honey Grove
than in Memphis, Tennessee
Memphis, TN vs. Honey Grove, TX
Compared to Memphis, Honey Grove is:
  Homeowner
      No Child Care, Taxes not Considered
  1.7% 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
  0.6% lower
  Housing (Homeowner)
  7.5% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  13.3% higher
  Commute
  22.6% lower
  Health
  21.3% higher
  Taxes
  Childcare
  Personal
  6.7% higher