Louisville vs Memphis
Metro-area medians — Louisville/Jefferson County, KY-IN Metro Area vs Memphis, TN-MS-AR Metro Area — not the cities proper.
Louisville comes out ahead, winning 8 of the 8 clearly-decided measures.
Louisville and Memphis cost about the same to live in, but Louisville households earn about 9% more. Adjusted for local prices, a typical paycheck stretches further in Louisville.
For your salary & household
Enter your pay and household size to see what it's really worth here — the numbers update live and the link stays shareable.
On $75,000 for just you, Memphis leaves you about $3,722/yr better off after tax and local prices.
Take-home estimates a single filer taking the standard deduction (2025 federal brackets, FICA, and state income tax) and isn't tax advice. “Real value” rebases take-home to average U.S. prices using the BEA cost-of-living index; the per-person figure uses the OECD square-root equivalence scale.
Choose Louisville for
- + Livability (CityLedger)
- + Cost-adjusted income (pay's real value)
- + Median household income
- + Median rent
- + Median home value
- + Unemployment
- + Bachelor's degree or higher
- + Air quality (median AQI)
Louisville vs Memphis — frequently asked
- Is Louisville cheaper than Memphis?
- They are about even — the overall cost of living in the Louisville and Memphis metros is within 3% of each other (BEA Regional Price Parities), so neither is meaningfully cheaper.
- Which has higher household income, Louisville or Memphis?
- Louisville has the higher median household income — $74,305 versus $68,124 (U.S. Census Bureau, ACS), about 9% more.
- Does a paycheck go further in Louisville or Memphis?
- A paycheck stretches further in Louisville. Adjusted for local prices, the median income is worth $79,834 there versus $73,904 in Memphis.
- Which has cheaper rent, Louisville or Memphis?
- Louisville has cheaper rent — a median of $1,140/mo versus $1,330/mo (U.S. Census Bureau, ACS).