Memphis vs Vancouver
Cost of Living Comparison · 2026
Memphis
Vancouver
The Verdict
The cost gap between these cities is 31.1%, with Memphis being the more affordable option. A $75,000 income in Memphis has equivalent purchasing power to $108,929 in Vancouver.
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 $108,929 in Vancouver.
Conversely, $75,000 in Vancouver equals $51,639 in Memphis.
Living in Memphis vs Vancouver
Housing Costs
Memphis's housing index of 63 is lower Vancouver's 163, translating to median home prices of $155,000 vs $525,000. The $370,000 difference in home prices means roughly $24,048 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,000/mo in Memphis compared to $1,650/mo in Vancouver, a monthly difference of $650.
Grocery & Food Costs
Grocery expenses index at 93 in Memphis and 104 in Vancouver. A household spending the national average of $475/month on groceries would pay approximately $442/month in Memphis vs $494/month in Vancouver. Memphis offers a meaningful advantage on everyday food costs, saving roughly $624/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 88 in Memphis and 87 in Vancouver. Monthly utility bills average approximately $352 in Memphis vs $348 in Vancouver. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 92 in Memphis and 103 in Vancouver. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 11-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 $79,300 in Vancouver. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $49,081 and $65,000 respectively. Vancouver 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 $1,850/month in Vancouver. In Memphis, median rent of $1,000/mo exceeds this threshold, suggesting renters may feel stretched. In Vancouver, median rent of $1,650/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 100 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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