Cost of Living: Little Rock, AR vs Memphis, TN
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,230/mo in Little Rock, AR versus $4,516/mo in Memphis, TN. In the model, rent is about 14.98% of gross in Little Rock, AR versus 16.37% in Memphis, TN, so Little Rock, AR tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Little Rock, AR and Memphis, TN.
At a glance
- Cheaper overall (lower cost-of-living index): Memphis, TN
- Lower rent (median 1BR/2BR): Little Rock, AR
- Lower home prices: Memphis, TN
- Higher median household income: Little Rock, AR
Cost of Living Index
Little Rock, AR: 84.4 (U.S. = 100) · Memphis, TN: 82.5 (U.S. = 100)
Memphis, TN has a lower cost-of-living index than Little Rock, AR, so a given salary generally stretches further there.
Median Rent
Little Rock, AR: $977/mo (midpoint of 1BR/2BR) · Memphis, TN: $1,067/mo
Median rent in Memphis, TN is $90/mo higher than in Little Rock, AR.
Median Home Price
Little Rock, AR: $169,500 · Memphis, TN: $157,100
Median home price in Little Rock, AR is $12,400 higher than in Memphis, TN.
Median Household Income
Little Rock, AR: $51,236 · Memphis, TN: $51,211
Little Rock, AR has a higher median household income than Memphis, TN by $25.
Little Rock, AR overview · Memphis, TN overview · Popular comparisons