Green Bay vs Memphis
Cost of Living Comparison · 2026
Green Bay
Memphis
The Verdict
The cost gap between these cities is 2.4%, with Memphis being the more affordable option. A $75,000 income in Green Bay has equivalent purchasing power to $73,256 in Memphis.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Green Bay has the same purchasing power as $73,256 in Memphis.
Conversely, $75,000 in Memphis equals $76,786 in Green Bay.
Living in Green Bay vs Memphis
Housing Costs
Green Bay's housing index of 72 is higher Memphis's 63, translating to median home prices of $235,000 vs $155,000. The $80,000 difference in home prices means roughly $5,196 per year in additional mortgage costs at current rates. Renters face a similar gap: $950/mo in Green Bay compared to $1,000/mo in Memphis, a monthly difference of $50.
Grocery & Food Costs
Grocery expenses index at 98 in Green Bay and 93 in Memphis. A household spending the national average of $475/month on groceries would pay approximately $466/month in Green Bay vs $442/month in Memphis. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 84 in Green Bay and 88 in Memphis. Monthly utility bills average approximately $336 in Green Bay vs $352 in Memphis. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 96 in Green Bay and 92 in Memphis. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.
Income & Purchasing Power
Median household income is $55,200 in Green Bay and $41,228 in Memphis. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $64,186 and $49,081 respectively. Green Bay residents enjoy stronger real purchasing power despite higher nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,288/month to housing in Green Bay vs $962/month in Memphis. In Green Bay, median rent of $950/mo fits within this budget. In Memphis, median rent of $1,000/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 9 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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