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SUMMIT vs. MEMPHIS
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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Summit, New Jersey vs. Memphis, Tennessee
Cost of Living Comparison
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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