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SUMMIT vs. MEMPHIS
Cost of Living Comparison

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

The cost of living in Memphis, Tennessee is 58.6% cheaper than Summit, New Jersey.

You would need a salary of $31,050 in Memphis, Tennessee to maintain the standard of living you have in Summit, New Jersey.

Comparison highlights

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

Median Home Cost
85% cheaper in Memphis
than in Summit, New Jersey

Summit, NJ vs Memphis, TN

Compared to Summit, Memphis is:

Homeowner

No Child Care, Taxes not Considered

58.6% 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

17.4% lower

Housing (Homeowner)

90.5% lower

Housing (Rent)

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Median Home Cost

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Utilities

9.7% lower

Commute

33.7% lower

Health

0.7% lower

Taxes

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Childcare

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Personal

18.4% lower

Cost of Food

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