Cost of Living: Memphis, TN vs Mount Juliet, TN
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 $4,516/mo in Mount Juliet, TN. In the model, rent is about 16.37% of gross in Memphis, TN versus 27.33% in Mount Juliet, TN, so Memphis, TN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Memphis, TN and Mount Juliet, TN.
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: Mount Juliet, TN
Cost of Living Index
Memphis, TN: 82.5 (U.S. = 100) · Mount Juliet, TN: 100 (U.S. = 100)
Memphis, TN has a lower cost-of-living index than Mount Juliet, TN, so a given salary generally stretches further there.
Median Rent
Memphis, TN: $1,067/mo (midpoint of 1BR/2BR) · Mount Juliet, TN: $1,782/mo
Median rent in Mount Juliet, TN is $715/mo higher than in Memphis, TN.
Median Home Price
Memphis, TN: $157,100 · Mount Juliet, TN: $423,000
Median home price in Mount Juliet, TN is $265,900 higher than in Memphis, TN.
Median Household Income
Memphis, TN: $51,211 · Mount Juliet, TN: $107,847
Mount Juliet, TN has a higher median household income than Memphis, TN by $56,636.
Memphis, TN overview · Mount Juliet, TN overview · Popular comparisons