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NEW_ALBANY vs. MEMPHIS
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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New Albany, Indiana vs. Memphis, Tennessee
Cost of Living Comparison
The cost of living in Memphis, Tennessee is
8.1%
cheaper
than New Albany, Indiana.
You would need a salary of
$45,967
in Memphis, Tennessee to maintain the standard of living you have in New Albany, Indiana.
Comparison highlights
• Overall, Memphis, Tennessee is
cheaper
than New Albany, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
24% cheaper in Memphis
than in New Albany, Indiana
New_Albany, IN vs. Memphis, TN
Compared to New_Albany, Memphis is:
Homeowner
No Child Care, Taxes not Considered
8.1% 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
1.8% lower
Housing (Homeowner)
38.7% lower
Housing (Rent)
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Median Home Cost
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Utilities
0.7% higher
Commute
5.6% higher
Health
10.1% higher
Taxes
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Childcare
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Personal
12.4% lower
Cost of Food
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