Memphis is 73% cheaper than Berkeley.
When comparing Memphis, TN and Berkeley, CA, the overall cost of living indices are 68 and 251 respectively (national median = 100). Rent is $1,004/month cheaper in Memphis, saving renters about $12,048/year.
Median household income is $57,347/year higher in Berkeley. Home values also differ significantly — the median in Memphis is $157,100 compared to $1,351,100 in Berkeley.
Tennessee has no state income tax, giving Memphis residents a significant tax advantage over California's 13.3% rate.
Memphis vs Berkeley — common questions
Other cost of living comparisons for Memphis and Berkeley