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NEWARK vs. MEMPHIS
Cost of Living Comparison

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Cost of Living Calculator - Newark, New Jersey vs Memphis, Tennessee

The cost of living in Memphis, Tennessee is 36.9% cheaper than Newark, New Jersey.

You would need a salary of $47,334 in Memphis, Tennessee to maintain the standard of living you have in Newark, New Jersey.

Comparison highlights

• Overall, Memphis, Tennessee is cheaper than Newark, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
61% cheaper in Memphis
than in Newark, New Jersey

Newark, NJ vs Memphis, TN

Compared to Newark, Memphis is:

Homeowner

No Child Care, Taxes not Considered

36.9% 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

10.0% lower

Housing (Homeowner)

67.7% lower

Housing (Rent)

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Median Home Cost

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Utilities

15.6% lower

Commute

39.5% lower

Health

2.3% lower

Taxes

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Childcare

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Personal

23.9% lower

Cost of Food

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