Memphis, Tennessee vs. Richmond, Indiana

Cost of Living Comparison

The cost of living in Richmond, Indiana is 14.5% cheaper than Memphis, Tennessee.

You would need a salary of $42,774 in Richmond, Indiana to maintain the standard of living you have in Memphis, Tennessee.
Comparison highlights
• Overall, Richmond, Indiana is cheaper than Memphis, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
14% cheaper in Richmond
than in Memphis, Tennessee
Memphis, TN vs. Richmond, IN
Compared to Memphis, Richmond is:
  Homeowner
      No Child Care, Taxes not Considered
  14.5% lower
      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
  2.6% lower
  Housing (Homeowner)
  0.0% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  0.9% lower
  Commute
  35.7% lower
  Health
  0.5% lower
  Taxes
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  Childcare
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  Personal
  1.0% lower
Cost of Food
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