Memphis vs Overland Park
Cost of Living Comparison · 2026
Memphis
Overland Park
The Verdict
Memphis is 20.8% less expensive than Overland Park overall. A household earning $75,000 in Memphis would need approximately $94,643 in Overland Park to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Memphis has the same purchasing power as $94,643 in Overland Park.
Conversely, $75,000 in Overland Park equals $59,434 in Memphis.
Living in Memphis vs Overland Park
Housing Costs
Memphis's housing index of 63 is lower Overland Park's 109, translating to median home prices of $155,000 vs $414,000. The $259,000 difference in home prices means roughly $16,836 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,000/mo in Memphis compared to $1,450/mo in Overland Park, a monthly difference of $450.
Grocery & Food Costs
Grocery expenses index at 93 in Memphis and 96 in Overland Park. A household spending the national average of $475/month on groceries would pay approximately $442/month in Memphis vs $456/month in Overland Park. 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 88 in Memphis and 98 in Overland Park. Monthly utility bills average approximately $352 in Memphis vs $392 in Overland Park. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 92 in Memphis and 102 in Overland Park. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 10-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $41,228 in Memphis and $104,800 in Overland Park. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $49,081 and $98,868 respectively. Overland Park residents come out ahead in real purchasing power.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $962/month to housing in Memphis vs $2,445/month in Overland Park. In Memphis, median rent of $1,000/mo exceeds this threshold, suggesting renters may feel stretched. In Overland Park, median rent of $1,450/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 46 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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