Baltimore vs Memphis

Memphis is cheaper to live in overall. Baltimore has a cost of living index of 107 while Memphis has an index of 83, where 100 represents the US national average. Memphis is 22% cheaper than Baltimore overall.

The median 1-bedroom rent in Baltimore is $1,550 per month compared to $1,050 in Memphis. The median home price in Baltimore is $195,000 versus $175,000 in Memphis. Housing is typically the largest factor in cost of living differences between cities.

Baltimore has a cost of living index of 107 and Memphis has an index of 83, both measured against a US national average of 100. An index above 100 means more expensive than the national average — below 100 means cheaper.

To maintain the same purchasing power as a salary in Baltimore, multiply by 0.78. For example a $75,000 salary in Baltimore is equivalent to approximately $58,178 in Memphis.

Baltimore has a median household income of $55,198 per year versus $42,982 in Memphis. Higher incomes must be weighed against cost of living. Use the Dayblip salary tools to see specific job salaries in both cities.

Whether moving from Baltimore to Memphis is worthwhile depends on your salary, lifestyle, and priorities. Memphis is 22% cheaper overall — with the biggest difference in housing. Use the Dayblip cost of living calculator to enter your specific salary and see the exact dollar impact.