SalaryCompareTool

Memphis, TN vs Jacksonville, FL

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

Memphis vs Jacksonville at a glance

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

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

To keep the same standard of living as $100,000 in Memphis, TN, you'd need about $108,372 in Jacksonville, FL (+$8,372).

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

What your home budget buys

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

Annual cost breakdown (at $100,000)

CategoryMemphis, TNJacksonville, FLDifference
Housing $17,292 $20,412 +$3,120
Groceries $4,715 $4,813 +$98
Transportation $3,130 $4,800 +$1,670
Utilities $1,608 $1,656 +$48
Insurance $2,200 $4,200 +$2,000
Taxes $5,158 $4,713 −$444
Total $34,103 $40,594 +$6,492

Side by side

MetricMemphis, TNJacksonville, FL
Cost-of-living index91.999.6
Unemployment rate6.84%4.54%
Population growth (5-yr)-0.6%11.4%
Air quality (median AQI)4242
Big Mac price (est.)$5.23$5.67
Median home price$247,229$352,994
Home price ÷ income4.0×4.8×
1-yr home appreciation0.1%-1.7%
Price per square foot$124$191
Median rent$1,441$1,701
Total tax burden (% income)7.6%9.1%
Combined sales tax9.55%7.02%
Capital gains taxNoneNone
Property tax rate0.87%0.80%
Healthcare (annual)$6,300$7,500
Childcare (annual, infant)$9,000$10,000
Vehicle property taxNoneNone
Avg commute (min)2426
Home insurance / yr$2,200$4,200
Auto insurance / yr$1,600$2,900
Flood insurance / yr$700$1,400
Earthquake insurance / yr$350$100
Electricity ¢/kWh14.915.4
Gas $/gal2.953.35
Natural gas / mo$62$38
Water & sewer / mo$121$88
Home internet / mo$80$76
Violent crime /100k600380
Avg summer high °F8991
Avg winter low °F3052
Annual precipitation (in)54.947.6
Annual snowfall (in)2.70.0
Sunshine (% possible)64%63%
Permit difficulty (1–5)23

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