SalaryCompareTool

Philadelphia, PA vs Memphis, TN

Moving from Philadelphia to Memphis? Here's what changes — from your equivalent salary to housing ($390,463 → $247,229 median home) and taxes.

Philadelphia vs Memphis at a glance

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

Philadelphia, PA Memphis, TN Cost-of-living index Philadelphia, PA — Cost-of-living index: 102 102 Memphis, TN — Cost-of-living index: 92 92 Median home price Philadelphia, PA — Median home price: $390k $390k Memphis, TN — Median home price: $247k $247k Price per sqft Philadelphia, PA — Price per sqft: $223 $223 Memphis, TN — Price per sqft: $124 $124 Median rent Philadelphia, PA — Median rent: $1,914 $1,914 Memphis, TN — Median rent: $1,441 $1,441 Combined sales tax Philadelphia, PA — Combined sales tax: 6.3% 6.3% Memphis, TN — Combined sales tax: 9.6% 9.6% Property tax rate Philadelphia, PA — Property tax rate: 1.61% 1.61% Memphis, TN — Property tax rate: 0.87% 0.87% Violent crime /100k Philadelphia, PA — Violent crime /100k: 390 390 Memphis, TN — Violent crime /100k: 600 600 Electricity ¢/kWh Philadelphia, PA — Electricity ¢/kWh: 21.5 21.5 Memphis, TN — Electricity ¢/kWh: 14.9 14.9 Avg commute (min) Philadelphia, PA — Avg commute (min): 29 29 Memphis, TN — Avg commute (min): 24 24 Avg summer high °F Philadelphia, PA — Avg summer high °F: 85° 85° Memphis, TN — Avg summer high °F: 89° 89° Avg winter low °F Philadelphia, PA — Avg winter low °F: 22° 22° Memphis, TN — Avg winter low °F: 30° 30°

To keep the same standard of living as $100,000 in Philadelphia, PA, you'd need about $89,824 in Memphis, TN (−$10,176).

Livability — Philadelphia, PA: 62 · Memphis, TN: 70 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,241 sqft in Philadelphia vs 4,045 sqft in Memphis ($223 vs $124 per sqft).

Annual cost breakdown (at $100,000)

CategoryPhiladelphia, PAMemphis, TNDifference
Housing $22,968 $17,292 −$5,676
Groceries $4,909 $4,715 −$194
Transportation $3,440 $3,130 −$310
Utilities $2,316 $1,608 −$708
Insurance $1,200 $2,200 +$1,000
Taxes $10,192 $5,158 −$5,034
Total $45,025 $34,103 −$10,922

Side by side

MetricPhiladelphia, PAMemphis, TN
Cost-of-living index102.491.9
Unemployment rate6.12%6.84%
Population growth (5-yr)2.8%-0.6%
Air quality (median AQI)4242
Big Mac price (est.)$5.82$5.23
Median home price$390,463$247,229
Home price ÷ income4.6×4.0×
1-yr home appreciation2.5%0.1%
Price per square foot$223$124
Median rent$1,914$1,441
Total tax burden (% income)10.6%7.6%
Combined sales tax6.34%9.55%
Capital gains tax3.07%None
Property tax rate1.61%0.87%
Healthcare (annual)$7,000$6,300
Childcare (annual, infant)$12,000$9,000
Vehicle property taxNoneNone
Avg commute (min)2924
Home insurance / yr$1,200$2,200
Auto insurance / yr$1,600$1,600
Flood insurance / yr$650$700
Earthquake insurance / yr$100$350
Electricity ¢/kWh21.514.9
Gas $/gal3.552.95
Natural gas / mo$82$62
Water & sewer / mo$65$121
Home internet / mo$78$80
Violent crime /100k390600
Avg summer high °F8589
Avg winter low °F2230
Annual precipitation (in)44.154.9
Annual snowfall (in)23.12.7
Sunshine (% possible)56%64%
Permit difficulty (1–5)32

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