Memphis, TN vs Nashville-Davidson, TN
Cost of Living Comparison
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Equivalent Salary
$100,000 in Memphis, TN = $100,095 in Nashville-Davidson, TN
Buying power is 0.1% higher in Nashville-Davidson, TN
Median Rent
$1,123 vs $1,486
32.3% higher in Nashville-Davidson, TN
Median Income
$51,211 vs $75,197
46.8% higher in Nashville-Davidson, TN
Home Value
$157,100 vs $383,100
143.9% higher in Nashville-Davidson, TN
Price Level
92.4 vs 92.5
US avg = 100
Salary Needed for Median Rent
$44,900 vs $59,400
30% of gross income guideline
Rent as % of Income
26.3% vs 23.7%
Lower is more affordable