⚖️ City Comparison

Memphis vs South Bend

Cost of Living Comparison · 2026 Data

Memphis

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

South Bend

Indiana
94
Below Average
$252,000
Median Home
$1,120/mo
Median Rent
$57,500
Median Income

💡 The Verdict

11% Cheaper

Memphis is 11% cheaper than South Bend overall. A $75,000 salary in Memphis is equivalent to $83,929 in South Bend.

Category-by-Category Breakdown

Index values for Memphis (left) vs South Bend (right). National average = 100.

Housing
63
Housing
80
Groceries
93
Groceries
88
Utilities
88
Utilities
89
Transportation
98
Transportation
103
Healthcare
92
Healthcare
89

Detailed Price Comparison

Estimated item-level prices in Memphis versus South Bend. Differences shown from Memphis perspective.

ItemMemphisSouth BendDifference
1-Bed Rent$720/mo$830/mo$-110.00
2-Bed Rent$1,000/mo$1,120/mo$-120.00
3-Bed Rent$1,300/mo$1,490/mo$-190.00
Bread (loaf)$2.40$2.78$-0.38
Milk (gallon)$3.74$3.22+$0.52
Eggs (dozen)$3.05$2.67+$0.38
Coffee (latte)$5.47$5.16+$0.31
Gas (gallon)$3.29$3.53$-0.24
Restaurant Meal$13.90$14.10$-0.20

💰 Salary Equivalence

A $75,000 salary in Memphis has the same purchasing power as $83,929 in South Bend.

Conversely, $75,000 in South Bend equals $67,021 in Memphis.

💼 Take-Home Pay Comparison

Estimated annual take-home pay on a $75,000 salary after federal, FICA, and state income taxes.

$57,638
Memphis (Tennessee)
$55,237
South Bend (Indiana)

The $2401 difference is driven by Indiana having a higher state income tax rate. Tennessee details → · Indiana details →

⚙️ Customize Your Comparison

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84 vs 94

Reading These Numbers: Memphis (84) vs South Bend (94)

Memphis at 84 is 16% below the US average, while South Bend at 94 is 6% below average. There is a meaningful cost gap between these two cities that affects day-to-day budgeting.

In Memphis, the composite index of 84 reflects a weighted calculation where housing carries the most influence at 63, followed by groceries (93), utilities (88), transportation (98), and healthcare (92). Costs are fairly balanced across categories.

For renters: With median rents of $1,000/mo in Memphis and $1,120/mo in South Bend, the annual rent difference is approximately $1,440.0. Over a 5-year period, that compounds to $7,200.0 in savings by choosing the more affordable city.

For homebuyers: The $97,000.0 difference in median home prices between Memphis and South Bend translates to meaningful differences in mortgage payments at current rates. Factor this into your budget alongside property taxes and insurance, which also vary by location.

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Making Your Decision: Memphis vs South Bend

Choosing between Memphis and South Bend involves more than just comparing index numbers. Consider how each category aligns with your personal spending patterns. If you work from home, transportation costs matter less than housing and utilities. If you eat out frequently, the groceries index may understate your actual food spending — look at the restaurant meal prices in the detailed comparison table above instead.

Long-term affordability in Memphis versus South Bend depends partly on cost trajectory. Cities experiencing rapid population growth tend to see costs rise faster than established metros where supply has caught up with demand. While our index captures current conditions, consider whether the city trending cheaper today might converge toward average over the next five to ten years as more people discover it. Our quarterly updates help track these shifts over time.