Memphis vs Raleigh: Salary and Cost of Living

Compare the cost of living in Memphis vs Raleigh, including rent, salary, and affordability. This guide shows which city is cheaper and how living costs differ between Memphis and Raleigh.

When comparing Memphis vs Raleigh cost of living, key factors include rent prices, grocery costs, transport, and average salary. Use this comparison to decide which city offers better value.

The average salary in Memphis is $1,170 per week, compared to $1,108 in Raleigh.

For more details, see salary in Memphis and cost of living in Memphis, as well as salary in Raleigh.

Salary Comparison

CityWeekly Salary
Memphis$1,170
Raleigh$1,108

Cost of Living Comparison

CityCost IndexRent Index
Memphis8378
Raleigh7873

Which city is cheaper and better?

Is Memphis cheaper than Raleigh? Based on the data above, Raleigh generally has lower living costs, especially in rent and daily expenses.

However, Memphis offers higher average salaries, which may offset the higher cost of living.

Memphis vs Raleigh: Final Verdict

If you are looking for affordability, Raleigh is generally the better option. If you prioritise higher income and job opportunities, Memphis may be more attractive.

FAQ

Is Memphis cheaper than Raleigh?

Raleigh generally looks cheaper based on the cost of living and rent data shown above.

Which city has the higher salary, Memphis or Raleigh?

Memphis has the higher weekly salary based on the salary comparison shown above.

Is it better to live in Memphis or Raleigh?

This depends on income, rent budget, and lifestyle. Many users compare both salary and cost of living before deciding.

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