Fayetteville, NC vs Memphis, TN
Cost of Living Comparison
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Equivalent Salary
$100,000 in Fayetteville, NC = $101,140 in Memphis, TN
Buying power is 1.1% higher in Memphis, TN
Median Rent
$1,179 vs $1,123
-4.7% lower in Memphis, TN
Median Income
$56,395 vs $51,211
-9.2% lower in Memphis, TN
Home Value
$171,900 vs $157,100
-8.6% lower in Memphis, TN
Price Level
91.4 vs 92.4
US avg = 100
Salary Needed for Median Rent
$47,200 vs $44,900
30% of gross income guideline
Rent as % of Income
25.1% vs 26.3%
Lower is more affordable