Cost of Living Calculator - Memphis, Tennessee vs Prospect, Kentucky


The cost of living in Prospect, Kentucky is 55.2% more expensive than Memphis, Tennessee.

You would need a salary of $77,613 in Prospect, Kentucky to maintain the standard of living you have in Memphis, Tennessee.
Comparison highlights
• Overall, Prospect, Kentucky is more expensive than Memphis, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
270% more expensive in Prospect
than in Memphis, Tennessee
Memphis, TN vs Prospect, KY
Compared to Memphis, Prospect is:
  Homeowner
      No Child Care, Taxes not Considered
  55.2% higher
      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
  13.3% higher
  Housing (Homeowner)
  394.3% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  4.5% lower
  Commute
  10.1% higher
  Health
  2.1% lower
  Taxes
  Childcare
  Personal
  10.2% higher

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