Memphis, Tennessee vs. Kokomo, Indiana

Cost of Living Comparison

The cost of living in Kokomo, Indiana is 3.1% cheaper than Memphis, Tennessee.

You would need a salary of $48,452 in Kokomo, Indiana to maintain the standard of living you have in Memphis, Tennessee.
Comparison highlights
• Overall, Kokomo, Indiana is cheaper than Memphis, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
7% cheaper in Kokomo
than in Memphis, Tennessee
Memphis, TN vs. Kokomo, IN
Compared to Memphis, Kokomo is:
  Homeowner
      No Child Care, Taxes not Considered
  3.1% 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)
  10.8% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  0.6% higher
  Commute
  18.9% lower
  Health
  2.1% lower
  Taxes
  Childcare
  Personal
  9.6% higher