Cost of Living: Memphis, TN vs Birmingham, AL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Memphis, TN versus $4,224/mo in Birmingham, AL. In the model, rent is about 16.37% of gross in Memphis, TN versus 21.03% in Birmingham, AL, so Memphis, TN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Memphis, TN and Birmingham, AL.
At a glance
- Cheaper overall (lower cost-of-living index): Memphis, TN
- Lower rent (median 1BR/2BR): Memphis, TN
- Lower home prices: Memphis, TN
- Higher median household income: Birmingham, AL
Cost of Living Index
Memphis, TN: 82.5 (U.S. = 100) · Birmingham, AL: 84.6 (U.S. = 100)
Memphis, TN has a lower cost-of-living index than Birmingham, AL, so a given salary generally stretches further there.
Median Rent
Memphis, TN: $1,067/mo (midpoint of 1BR/2BR) · Birmingham, AL: $1,372/mo
Median rent in Birmingham, AL is $305/mo higher than in Memphis, TN.
Median Home Price
Memphis, TN: $157,100 · Birmingham, AL: $891,300
Median home price in Birmingham, AL is $734,200 higher than in Memphis, TN.
Median Household Income
Memphis, TN: $51,211 · Birmingham, AL: $191,128
Birmingham, AL has a higher median household income than Memphis, TN by $139,917.
Memphis, TN overview · Birmingham, AL overview · Popular comparisons