SalaryCompareTool

Memphis, TN vs Boston, MA

Moving from Memphis to Boston? Here's what changes — from your equivalent salary to housing ($247,229 → $741,868 median home) and taxes.

Memphis vs Boston at a glance

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

Memphis, TN Boston, MA Cost-of-living index Memphis, TN — Cost-of-living index: 92 92 Boston, MA — Cost-of-living index: 110 110 Median home price Memphis, TN — Median home price: $247k $247k Boston, MA — Median home price: $742k $742k Price per sqft Memphis, TN — Price per sqft: $124 $124 Boston, MA — Price per sqft: $436 $436 Median rent Memphis, TN — Median rent: $1,441 $1,441 Boston, MA — Median rent: $3,211 $3,211 Combined sales tax Memphis, TN — Combined sales tax: 9.6% 9.6% Boston, MA — Combined sales tax: 6.3% 6.3% Property tax rate Memphis, TN — Property tax rate: 0.87% 0.87% Boston, MA — Property tax rate: 1.14% 1.14% Violent crime /100k Memphis, TN — Violent crime /100k: 600 600 Boston, MA — Violent crime /100k: 330 330 Electricity ¢/kWh Memphis, TN — Electricity ¢/kWh: 14.9 14.9 Boston, MA — Electricity ¢/kWh: 29.4 29.4 Avg commute (min) Memphis, TN — Avg commute (min): 24 24 Boston, MA — Avg commute (min): 31 31 Avg summer high °F Memphis, TN — Avg summer high °F: 89° 89° Boston, MA — Avg summer high °F: 82° 82° Avg winter low °F Memphis, TN — Avg winter low °F: 30° 30° Boston, MA — Avg winter low °F: 22° 22°

To keep the same standard of living as $100,000 in Memphis, TN, you'd need about $120,062 in Boston, MA (+$20,062).

Livability — Memphis, TN: 70 · Boston, MA: 48 (0–100).

What your home budget buys

A $500,000 home budget gets you about 4,045 sqft in Memphis vs 1,146 sqft in Boston ($124 vs $436 per sqft).

Annual cost breakdown (at $100,000)

CategoryMemphis, TNBoston, MADifference
Housing $17,292 $38,532 +$21,240
Groceries $4,715 $5,040 +$324
Transportation $3,130 $3,210 +$80
Utilities $1,608 $3,180 +$1,572
Insurance $2,200 $1,800 −$400
Taxes $5,158 $17,694 +$12,536
Total $34,103 $69,455 +$35,352

Side by side

MetricMemphis, TNBoston, MA
Cost-of-living index91.9110.4
Unemployment rate6.84%5.02%
Population growth (5-yr)-0.6%2.9%
Air quality (median AQI)4242
Big Mac price (est.)$5.23$6.28
Median home price$247,229$741,868
Home price ÷ income4.0×6.9×
1-yr home appreciation0.1%1.6%
Price per square foot$124$436
Median rent$1,441$3,211
Total tax burden (% income)7.6%11.5%
Combined sales tax9.55%6.25%
Capital gains taxNone9.00%
Property tax rate0.87%1.14%
Healthcare (annual)$6,300$8,200
Childcare (annual, infant)$9,000$21,000
Vehicle property taxNone2.25%
Avg commute (min)2431
Home insurance / yr$2,200$1,800
Auto insurance / yr$1,600$1,500
Flood insurance / yr$700$800
Earthquake insurance / yr$350$100
Electricity ¢/kWh14.929.4
Gas $/gal2.953.30
Natural gas / mo$62$108
Water & sewer / mo$121$71
Home internet / mo$80$78
Violent crime /100k600330
Avg summer high °F8982
Avg winter low °F3022
Annual precipitation (in)54.943.6
Annual snowfall (in)2.749.2
Sunshine (% possible)64%58%
Permit difficulty (1–5)24

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