Greensboro, NC vs Memphis, TN
Cost of Living Comparison
Equivalent Salary
$100,000 in Greensboro, NC = $99,727 in Memphis, TN
Buying power is -0.3% lower in Memphis, TN
Median Rent
$1,114 vs $1,123
0.8% higher in Memphis, TN
Median Income
$58,884 vs $51,211
-13.0% lower in Memphis, TN
Home Value
$221,300 vs $157,100
-29.0% lower in Memphis, TN
Price Level
92.7 vs 92.4
US avg = 100
Salary Needed for Median Rent
$44,600 vs $44,900
30% of gross income guideline
Rent as % of Income
22.7% vs 26.3%
Lower is more affordable