Side-by-side cost of living comparison for 2026
Memphis and Wichita have very similar costs of living, with less than a 3% difference overall.
Index values shown. National average = 100. Lower is cheaper.
To maintain the same standard of living:
See exact take-home pay: Tennessee salaries · Kansas salaries
Housing is typically the biggest factor in any cost-of-living comparison. Memphis has a housing index of 63 while Wichita sits at 62 (national average = 100). The median home in Memphis costs $155,000 compared to $165,000 in Wichita, a difference of $10,000. Monthly rent follows a similar pattern: $1,000 in Memphis versus $900 in Wichita.
Groceries and everyday expenses show a narrower gap: Memphis scores 93 while Wichita scores 95.
Healthcare costs in Memphis (92) match Wichita (92).
Median household income in Memphis is $41,228 compared to $52,428 in Wichita. When adjusted for cost of living, purchasing power is similar in both cities.
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