Is Memphis or Nashville more affordable?
Memphis has a median rent of $950/month, while Nashville is $1,250/month. Memphis is more affordable for renters.
City comparison
Side-by-side comparison of cost of living, taxes, climate, and quality of life between Memphis and Nashville.
3
Memphis wins
of 5 metrics
tracked
1
Nashville wins
TN
Memphis
TN
Nashville
Overview
Population
Median Income
+59.0%Cost of Living
Median Rent / mo
+31.6%Median Home Price
+88.0%Rent-to-Income %
Taxes
State Income Tax
Local Tax Rate
Climate & Weather
Avg High Temp
Avg Low Temp
Sunny Days / Year
Annual Rainfall
Who should choose
Memphis is a city in Tennessee with a population of 633,104.
Read full Memphis guide →Who should choose
Nashville is a city in Tennessee with a population of 682,646.
Read full Nashville guide →Memphis has a median rent of $950/month, while Nashville is $1,250/month. Memphis is more affordable for renters.
Tennessee has no state income tax. Tennessee has no state income tax. Both have the same state income tax rate.
Memphis gets 214 sunny days/year. Avg high in Memphis: 70°F. Avg high in Nashville: 57.52°F
Memphis. Nashville. The right choice depends on your priorities — income, affordability, taxes, and climate all play a role.
Data sourced from U.S. Census Bureau, Bureau of Labor Statistics, and NOAA. Green values indicate a better outcome for that metric.