What is a pro or con of living in Spirit Lake, Iowacompared to Memphis, Tennessee?

Median Home Cost is 86% more expensive in Spirit Lake.

What salary do I need to live in Spirit Lake, Iowa copmared to Memphis, Tennessee?

A salary of $108,300 in Memphis, Tennessee should increase to $119,759 in Spirit Lake, Iowa (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. SPIRIT LAKE
Cost of Living Comparison

Memphis, Tennessee vs. Spirit Lake, Iowa

Cost of Living Comparison

The cost of living in Spirit Lake, Iowa is 10.6% more expensive than Memphis, Tennessee.

You would need a salary of $119,759 in Spirit Lake, Iowa to maintain the standard of living you have in Memphis, Tennessee.

Comparison highlights

• Overall, Spirit Lake, Iowa is more expensive than Memphis, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
86% more expensive in Spirit Lake
than in Memphis, Tennessee

Memphis, TN vs. Spirit Lake, IA

Compared to Memphis, Spirit Lake is:

Homeowner

No Child Care, Taxes not Considered

10.6% 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

5.9% higher

Housing (Homeowner)

77.6% higher

Housing (Rent)

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Median Home Cost

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Utilities

2.0% lower

Commute

32.6% lower

Health

20.1% higher

Taxes

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Childcare

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Personal

21.7% higher

Cost of Food

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Memphis, Tennessee vs. Spirit Lake, Iowa

Cost of Living Comparison

Comparison highlights

Memphis, TN vs. Spirit Lake, IA

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