Baltimore, MD vs Memphis, TN
Cost of Living Comparison
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Equivalent Salary
$100,000 in Baltimore, MD = $90,022 in Memphis, TN
Buying power is -10.0% lower in Memphis, TN
Median Rent
$1,290 vs $1,123
-12.9% lower in Memphis, TN
Median Income
$59,623 vs $51,211
-14.1% lower in Memphis, TN
Home Value
$219,300 vs $157,100
-28.4% lower in Memphis, TN
Price Level
102.7 vs 92.4
US avg = 100
Salary Needed for Median Rent
$51,600 vs $44,900
30% of gross income guideline
Rent as % of Income
26.0% vs 26.3%
Lower is more affordable