Owensboro, Kentucky vs. Memphis, Tennessee

Cost of Living Comparison

The cost of living in Memphis, Tennessee is 3.4% cheaper than Owensboro, Kentucky.

You would need a salary of $48,317 in Memphis, Tennessee to maintain the standard of living you have in Owensboro, Kentucky.
Comparison highlights
• Overall, Memphis, Tennessee is cheaper than Owensboro, Kentucky
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
19% cheaper in Memphis
than in Owensboro, Kentucky
Owensboro, KY vs. Memphis, TN
Compared to Owensboro, Memphis is:
  Homeowner
      No Child Care, Taxes not Considered
  3.4% 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% higher
  Housing (Homeowner)
  34.9% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.2% higher
  Commute
  27.5% higher
  Health
  21.2% lower
  Taxes
  Childcare
  Personal
  10.8% lower