Memphis, TN vs Washington, DC
Cost of Living Comparison
Equivalent Salary
$100,000 in Memphis, TN = $117,542 in Washington, DC
Buying power is 17.5% higher in Washington, DC
Median Rent
$1,123 vs $1,900
69.2% higher in Washington, DC
Median Income
$51,211 vs $106,287
107.5% higher in Washington, DC
Home Value
$157,100 vs $724,600
361.2% higher in Washington, DC
Price Level
92.4 vs 108.6
US avg = 100
Salary Needed for Median Rent
$44,900 vs $76,000
30% of gross income guideline
Rent as % of Income
26.3% vs 21.4%
Lower is more affordable