City Comparison

Memphis vs Rock Hill

Cost of Living Comparison · 2026

Memphis

Tennessee
84
Very Affordable
$155,000
Median Home
$1,000/mo
Median Rent
$41,228
Median Income

Rock Hill

South Carolina
100
Average
$305,000
Median Home
$1,125/mo
Median Rent
$65,800
Median Income

The Verdict

16.0%

Memphis is 16.0% less expensive than Rock Hill overall. A household earning $75,000 in Memphis would need approximately $89,286 in Rock Hill to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
63
Memphis
79
Rock Hill
Groceries
93
Memphis
105
Rock Hill
Utilities
88
Memphis
94
Rock Hill
Transportation
98
Memphis
103
Rock Hill
Healthcare
92
Memphis
106
Rock Hill

Salary Equivalence

A $75,000 salary in Memphis has the same purchasing power as $89,286 in Rock Hill.

Conversely, $75,000 in Rock Hill equals $63,000 in Memphis.

Living in Memphis vs Rock Hill

Housing Costs

Memphis's housing index of 63 is lower Rock Hill's 79, translating to median home prices of $155,000 vs $305,000. The $150,000 difference in home prices means roughly $9,756 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,000/mo in Memphis compared to $1,125/mo in Rock Hill, a monthly difference of $125.

Grocery & Food Costs

Grocery expenses index at 93 in Memphis and 105 in Rock Hill. A household spending the national average of $475/month on groceries would pay approximately $442/month in Memphis vs $499/month in Rock Hill. Memphis offers a meaningful advantage on everyday food costs, saving roughly $684/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 88 in Memphis and 94 in Rock Hill. Monthly utility bills average approximately $352 in Memphis vs $376 in Rock Hill. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 92 in Memphis and 106 in Rock Hill. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 14-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 $65,800 in Rock Hill. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $49,081 and $65,800 respectively. Rock Hill 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 $1,535/month in Rock Hill. In Memphis, median rent of $1,000/mo exceeds this threshold, suggesting renters may feel stretched. In Rock Hill, median rent of $1,125/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 16 index points — focus your budget analysis there.

Frequently Asked Questions

Memphis is 16.0% more affordable overall with an index of 84 vs 100.
A $75,000 salary in Memphis has equivalent purchasing power to approximately $89,286 in Rock Hill, based on the cost of living difference.
Memphis's housing index is 63 with median homes at $155,000, while Rock Hill's is 79 with median homes at $305,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases