What is a pro or con of living in Palm Beach, Floridacompared to Memphis, Tennessee?

Median Home Cost is 1118% more expensive in Palm Beach.

What salary do I need to live in Palm Beach, Florida copmared to Memphis, Tennessee?

A salary of $50,000 in Memphis, Tennessee should increase to $142,710 in Palm Beach, Florida (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.

MEMPHIS vs. PALM BEACH
Cost of Living Comparison

Memphis, Tennessee vs. Palm Beach, Florida

Cost of Living Comparison

The cost of living in Palm Beach, Florida is 185.4% more expensive than Memphis, Tennessee.

You would need a salary of $142,710 in Palm Beach, Florida to maintain the standard of living you have in Memphis, Tennessee.

Comparison highlights

• Overall, Palm Beach, Florida is more expensive than Memphis, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
1118% more expensive in Palm Beach
than in Memphis, Tennessee

Memphis, TN vs. Palm Beach, FL

Compared to Memphis, Palm Beach is:

Homeowner

No Child Care, Taxes not Considered

185.4% higher

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

24.5% higher

Housing (Homeowner)

1,265.0% higher

Housing (Rent)

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Median Home Cost

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Utilities

2.1% higher

Commute

33.0% higher

Health

4.3% higher

Taxes

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Childcare

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Personal

18.8% higher

Cost of Food

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Memphis, Tennessee vs. Palm Beach, Florida

Cost of Living Comparison

Comparison highlights

Memphis, TN vs. Palm Beach, FL

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