SalaryCompareTool

Jacksonville, FL vs Memphis, TN

Moving from Jacksonville to Memphis? Here's what changes — from your equivalent salary to housing ($352,994 → $247,229 median home) and taxes.

Jacksonville vs Memphis at a glance

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

Jacksonville, FL Memphis, TN Cost-of-living index Jacksonville, FL — Cost-of-living index: 100 100 Memphis, TN — Cost-of-living index: 92 92 Median home price Jacksonville, FL — Median home price: $353k $353k Memphis, TN — Median home price: $247k $247k Price per sqft Jacksonville, FL — Price per sqft: $191 $191 Memphis, TN — Price per sqft: $124 $124 Median rent Jacksonville, FL — Median rent: $1,701 $1,701 Memphis, TN — Median rent: $1,441 $1,441 Combined sales tax Jacksonville, FL — Combined sales tax: 7.0% 7.0% Memphis, TN — Combined sales tax: 9.6% 9.6% Property tax rate Jacksonville, FL — Property tax rate: 0.80% 0.80% Memphis, TN — Property tax rate: 0.87% 0.87% Violent crime /100k Jacksonville, FL — Violent crime /100k: 380 380 Memphis, TN — Violent crime /100k: 600 600 Electricity ¢/kWh Jacksonville, FL — Electricity ¢/kWh: 15.4 15.4 Memphis, TN — Electricity ¢/kWh: 14.9 14.9 Avg commute (min) Jacksonville, FL — Avg commute (min): 26 26 Memphis, TN — Avg commute (min): 24 24 Avg summer high °F Jacksonville, FL — Avg summer high °F: 91° 91° Memphis, TN — Avg summer high °F: 89° 89° Avg winter low °F Jacksonville, FL — Avg winter low °F: 52° 52° Memphis, TN — Avg winter low °F: 30° 30°

To keep the same standard of living as $100,000 in Jacksonville, FL, you'd need about $92,275 in Memphis, TN (−$7,725).

Livability — Jacksonville, FL: 69 · Memphis, TN: 70 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,621 sqft in Jacksonville vs 4,045 sqft in Memphis ($191 vs $124 per sqft).

Annual cost breakdown (at $100,000)

CategoryJacksonville, FLMemphis, TNDifference
Housing $20,412 $17,292 −$3,120
Groceries $4,813 $4,715 −$98
Transportation $4,800 $3,130 −$1,670
Utilities $1,656 $1,608 −$48
Insurance $4,200 $2,200 −$2,000
Taxes $4,713 $5,158 +$445
Total $40,594 $34,103 −$6,492

Side by side

MetricJacksonville, FLMemphis, TN
Cost-of-living index99.691.9
Unemployment rate4.54%6.84%
Population growth (5-yr)11.4%-0.6%
Air quality (median AQI)4242
Big Mac price (est.)$5.67$5.23
Median home price$352,994$247,229
Home price ÷ income4.8×4.0×
1-yr home appreciation-1.7%0.1%
Price per square foot$191$124
Median rent$1,701$1,441
Total tax burden (% income)9.1%7.6%
Combined sales tax7.02%9.55%
Capital gains taxNoneNone
Property tax rate0.80%0.87%
Healthcare (annual)$7,500$6,300
Childcare (annual, infant)$10,000$9,000
Vehicle property taxNoneNone
Avg commute (min)2624
Home insurance / yr$4,200$2,200
Auto insurance / yr$2,900$1,600
Flood insurance / yr$1,400$700
Earthquake insurance / yr$100$350
Electricity ¢/kWh15.414.9
Gas $/gal3.352.95
Natural gas / mo$38$62
Water & sewer / mo$88$121
Home internet / mo$76$80
Violent crime /100k380600
Avg summer high °F9189
Avg winter low °F5230
Annual precipitation (in)47.654.9
Annual snowfall (in)0.02.7
Sunshine (% possible)63%64%
Permit difficulty (1–5)32

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