Cost of Living Calculator - Prior Lake, Minnesota vs Memphis, Tennessee


The cost of living in Memphis, Tennessee is 33.2% cheaper than Prior Lake, Minnesota.

You would need a salary of $668,103 in Memphis, Tennessee to maintain the standard of living you have in Prior Lake, Minnesota.
Comparison highlights
• Overall, Memphis, Tennessee is cheaper than Prior Lake, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
69% cheaper in Memphis
than in Prior Lake, Minnesota
Prior Lake, MN vs Memphis, TN
Compared to Prior Lake, Memphis is:
  Homeowner
      No Child Care, Taxes not Considered
  33.2% 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
  9.6% lower
  Housing (Homeowner)
  74.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.9% higher
  Commute
  15.2% lower
  Health
  28.6% higher
  Taxes
  Childcare
  Personal
  17.7% lower

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