Cost of living in Memphis, TN-MS-AR

Memphis, TN-MS-AR is a US metro area. ACS 2024 5-year median gross rent is $1,220. Median home value is $245,900. Median household income is $66,401. BEA 2024 all-items regional price parity is 92.2 (US=100). Compare with any metro, county, or town.