SalaryCompareTool

Detroit, MI vs Memphis, TN

Moving from Detroit to Memphis? Here's what changes — from your equivalent salary to housing ($269,080 → $247,229 median home) and taxes.

Detroit vs Memphis at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

Detroit, MI Memphis, TN Cost-of-living index Detroit, MI — Cost-of-living index: 98 98 Memphis, TN — Cost-of-living index: 92 92 Median home price Detroit, MI — Median home price: $269k $269k Memphis, TN — Median home price: $247k $247k Price per sqft Detroit, MI — Price per sqft: $163 $163 Memphis, TN — Price per sqft: $124 $124 Median rent Detroit, MI — Median rent: $1,500 $1,500 Memphis, TN — Median rent: $1,441 $1,441 Combined sales tax Detroit, MI — Combined sales tax: 6.0% 6.0% Memphis, TN — Combined sales tax: 9.6% 9.6% Property tax rate Detroit, MI — Property tax rate: 1.43% 1.43% Memphis, TN — Property tax rate: 0.87% 0.87% Violent crime /100k Detroit, MI — Violent crime /100k: 460 460 Memphis, TN — Violent crime /100k: 600 600 Electricity ¢/kWh Detroit, MI — Electricity ¢/kWh: 21.4 21.4 Memphis, TN — Electricity ¢/kWh: 14.9 14.9 Avg commute (min) Detroit, MI — Avg commute (min): 27 27 Memphis, TN — Avg commute (min): 24 24 Avg summer high °F Detroit, MI — Avg summer high °F: 83° 83° Memphis, TN — Avg summer high °F: 89° 89° Avg winter low °F Detroit, MI — Avg winter low °F: 16° 16° Memphis, TN — Avg winter low °F: 30° 30°

To keep the same standard of living as $100,000 in Detroit, MI, you'd need about $93,645 in Memphis, TN (−$6,355).

Livability — Detroit, MI: 62 · Memphis, TN: 70 (0–100).

What your home budget buys

A $500,000 home budget gets you about 3,066 sqft in Detroit vs 4,045 sqft in Memphis ($163 vs $124 per sqft).

Annual cost breakdown (at $100,000)

CategoryDetroit, MIMemphis, TNDifference
Housing $18,000 $17,292 −$708
Groceries $4,896 $4,715 −$181
Transportation $4,575 $3,130 −$1,445
Utilities $2,316 $1,608 −$708
Insurance $1,300 $2,200 +$900
Taxes $9,547 $5,158 −$4,389
Total $40,634 $34,103 −$6,532

Side by side

MetricDetroit, MIMemphis, TN
Cost-of-living index98.291.9
Unemployment rate6.60%6.84%
Population growth (5-yr)1.7%-0.6%
Air quality (median AQI)4242
Big Mac price (est.)$5.59$5.23
Median home price$269,080$247,229
Home price ÷ income3.7×4.0×
1-yr home appreciation2.8%0.1%
Price per square foot$163$124
Median rent$1,500$1,441
Total tax burden (% income)10.0%7.6%
Combined sales tax6.00%9.55%
Capital gains tax4.25%None
Property tax rate1.43%0.87%
Healthcare (annual)$6,500$6,300
Childcare (annual, infant)$11,000$9,000
Vehicle property tax0.61%None
Avg commute (min)2724
Home insurance / yr$1,300$2,200
Auto insurance / yr$2,700$1,600
Flood insurance / yr$600$700
Earthquake insurance / yr$100$350
Electricity ¢/kWh21.414.9
Gas $/gal3.352.95
Natural gas / mo$78$62
Water & sewer / mo$74$121
Home internet / mo$78$80
Violent crime /100k460600
Avg summer high °F8389
Avg winter low °F1630
Annual precipitation (in)34.354.9
Annual snowfall (in)45.02.7
Sunshine (% possible)53%64%
Permit difficulty (1–5)32

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