Cost of Living Calculator - Memphis, Tennessee vs Parsons, Tennessee


The cost of living in Parsons, Tennessee is 10.3% cheaper than Memphis, Tennessee.

You would need a salary of $67,258 in Parsons, Tennessee to maintain the standard of living you have in Memphis, Tennessee.
Comparison highlights
• Overall, Parsons, Tennessee is cheaper than Memphis, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
14% cheaper in Parsons
than in Memphis, Tennessee
Memphis, TN vs Parsons, TN
Compared to Memphis, Parsons is:
  Homeowner
      No Child Care, Taxes not Considered
  10.3% 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
  1.7% lower
  Housing (Homeowner)
  18.6% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  3.0% higher
  Commute
  20.0% lower
  Health
  1.4% higher
  Taxes
  Childcare
  Personal
  7.5% higher

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