Memphis, TN vs Miami, FL
Memphis, TN is more affordable
| Metric | Memphis, TN | Miami, FL |
|---|---|---|
| Cost of Living Index | 92.2 | 114.2 |
| Housing Index | 79.8 | 155.6 |
| Goods Index | 96.2 | 103.6 |
| Utilities Index | 74.1 | 97.2 |
| Median Income | $62,178 | $69,085 |
| Median Home Value | $207,500 | $369,500 |
| Median Rent | $1,091 | $1,657 |
| Per Capita Income | $35,194 | $39,957 |
Is Memphis, TN or Miami, FL cheaper?
Memphis, TN is more affordable with a cost of living index of 92.2 vs 114.2.