Cleveland, OH vs Memphis, TN
Cost of Living Comparison
Equivalent Salary
$100,000 in Cleveland, OH = $99,336 in Memphis, TN
Buying power is -0.7% lower in Memphis, TN
Median Rent
$894 vs $1,123
25.6% higher in Memphis, TN
Median Income
$39,187 vs $51,211
30.7% higher in Memphis, TN
Home Value
$94,100 vs $157,100
67.0% higher in Memphis, TN
Price Level
93.0 vs 92.4
US avg = 100
Salary Needed for Median Rent
$35,800 vs $44,900
30% of gross income guideline
Rent as % of Income
27.4% vs 26.3%
Lower is more affordable