Cost of Living Calculator - Memphis, Tennessee vs New Albany, Mississippi


The cost of living in New Albany, Mississippi is 4.5% cheaper than Memphis, Tennessee.

You would need a salary of $47,742 in New Albany, Mississippi to maintain the standard of living you have in Memphis, Tennessee.
Comparison highlights
• Overall, New Albany, Mississippi is cheaper than Memphis, Tennessee
• Childcare is the biggest factor in the cost of living difference.
Childcare
71% cheaper in New Albany
than in Memphis, Tennessee
Memphis, TN vs New Albany, MS
Compared to Memphis, New Albany is:
  Homeowner
      No Child Care, Taxes not Considered
  4.5% 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
  4.3% higher
  Housing (Homeowner)
  100.8% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  0.8% lower
  Commute
  26.2% lower
  Health
  3.3% higher
  Taxes
  Childcare
  Personal
  5.9% higher

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.