Is Chicago or Memphis more affordable?
Chicago has a median rent of $1,209/month, while Memphis is $950/month. Memphis is more affordable for renters.
City comparison
Chicago, IL vs Memphis, TN
Side-by-side comparison of cost of living, taxes, climate, and quality of life between Chicago and Memphis.
1
Chicago wins
of 5 metrics
tracked
4
Memphis wins
IL
Chicago
vs
TN
Memphis
Overview
2,742,119
Population
633,104
$65,781✓
Median Income
-37.3%$41,228
Cost of Living
$1,209
Median Rent / mo
-21.4%$950✓
$277,600
Median Home Price
-44.2%$155,000✓
22%
Rent-to-Income %
28%
Taxes
4.95%
State Income Tax
None✓
0.00%
Local Tax Rate
9.75%
Climate & Weather
54.12°F
Avg High Temp
70°F
49.03°F
Avg Low Temp
49°F
N/A
Sunny Days / Year
214 days✓
N/A
Annual Rainfall
54"
Who should choose
Chicago, IL
Chicago is a city in Illinois with a population of 2,742,119.
Read full Chicago guide →Who should choose
Memphis, TN
Memphis is a city in Tennessee with a population of 633,104.
Read full Memphis guide →Chicago vs Memphis — Common Questions
Which city has lower taxes — Chicago or Memphis?
Illinois has a 4.95% state income tax. Tennessee has no state income tax. Memphis wins on state income tax.
What is the weather difference between Chicago and Memphis?
Memphis gets 214 sunny days/year. Avg high in Chicago: 54.12°F. Avg high in Memphis: 70°F
Which city is better for families — Chicago or Memphis?
Chicago. Memphis. The right choice depends on your priorities — income, affordability, taxes, and climate all play a role.
More city comparisons
Data sourced from U.S. Census Bureau, Bureau of Labor Statistics, and NOAA. Green values indicate a better outcome for that metric.