Side-by-side cost of living comparison for 2026
10% cheaper
Memphis is 10% more affordable than Murfreesboro. A $75,000 salary in Murfreesboro is equivalent to $67,742 in Memphis.
Index values shown. National average = 100. Lower is cheaper.
To maintain the same standard of living:
See exact take-home pay: Tennessee salaries · Tennessee salaries
Housing is typically the biggest factor in any cost-of-living comparison. Memphis has a housing index of 63 while Murfreesboro sits at 85 (national average = 100). The median home in Memphis costs $155,000 compared to $325,000 in Murfreesboro, a difference of $170,000. Monthly rent follows a similar pattern: $1,000 in Memphis versus $1,350 in Murfreesboro.
Groceries and everyday expenses show a narrower gap: Memphis scores 93 while Murfreesboro scores 95.
Healthcare costs in Memphis (92) are lower than Murfreesboro (96).
Median household income in Memphis is $41,228 compared to $55,200 in Murfreesboro. When adjusted for cost of living, income goes further in Memphis.
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