Lincoln, NE vs Memphis, TN
Cost of Living Comparison
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Equivalent Salary
$100,000 in Lincoln, NE = $100,519 in Memphis, TN
Buying power is 0.5% higher in Memphis, TN
Median Rent
$1,045 vs $1,123
7.5% higher in Memphis, TN
Median Income
$69,991 vs $51,211
-26.8% lower in Memphis, TN
Home Value
$248,200 vs $157,100
-36.7% lower in Memphis, TN
Price Level
92.0 vs 92.4
US avg = 100
Salary Needed for Median Rent
$41,800 vs $44,900
30% of gross income guideline
Rent as % of Income
17.9% vs 26.3%
Lower is more affordable