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SOMERSET vs. MEMPHIS
Cost of Living Comparison

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

The cost of living in Memphis, Tennessee is 38.1% cheaper than Somerset, New Jersey.

You would need a salary of $97,539 in Memphis, Tennessee to maintain the standard of living you have in Somerset, New Jersey.

Comparison highlights

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

Median Home Cost
65% cheaper in Memphis
than in Somerset, New Jersey

Somerset, NJ vs Memphis, TN

Compared to Somerset, Memphis is:

Homeowner

No Child Care, Taxes not Considered

38.1% 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

11.3% lower

Housing (Homeowner)

72.7% lower

Housing (Rent)

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Median Home Cost

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Utilities

12.1% lower

Commute

33.6% lower

Health

0.7% lower

Taxes

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Childcare

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Personal

25.6% lower

Cost of Food

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