Cost of Living: Memphis, TN vs Bridgeport, CT (2026)

Memphis

Tennessee
68
VS

Bridgeport

Connecticut
94

Memphis is 28% cheaper than Bridgeport.

$1,123/mo ↓ 20%
Median Rent
$1,405/mo ↑ 25%
$51,211/yr ↓ 9%
Median Income
$56,584/yr ↑ 10%
$157,100 ↓ 38%
Home Value
$252,400 ↑ 61%
$1,087/mo ↓ 26%
Owner Costs
$1,475/mo ↑ 36%
629,063
Population
148,012

Tax Comparison

0%
Income Tax
6.99%
7.0%
State Sales Tax
6.35%
0.64%
Property Tax
2.15%

Affordability

26.3%
rent-to-income
Affordability
29.8%
rent-to-income

Detailed Comparison

When comparing Memphis, TN and Bridgeport, CT, the overall cost of living indices are 68 and 94 respectively (national median = 100). Rent is $282/month cheaper in Memphis, saving renters about $3,384/year.

Median household income is $5,373/year higher in Bridgeport. Home values also differ significantly — the median in Memphis is $157,100 compared to $252,400 in Bridgeport.

Tennessee has no state income tax, giving Memphis residents a significant tax advantage over Connecticut's 6.99% rate.

Frequently Asked Questions

Memphis vs Bridgeport — common questions

Is Memphis or Bridgeport cheaper to live in?
Based on our cost index, Memphis is cheaper to live in with an index of 68 compared to 94 (US average = 100).
What is the rent difference between Memphis and Bridgeport?
Median rent in Memphis is $1,123/month and in Bridgeport it's $1,405/month — a difference of $282/month.
Which city has higher income, Memphis or Bridgeport?
Median household income is $51,211 in Memphis and $56,584 in Bridgeport. Median household income is $5,373/year higher in Bridgeport.
How do taxes compare between Tennessee and Connecticut?
Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. Connecticut has 6.99% income tax, 6.35% sales tax, and 2.15% property tax.
Should I move to Memphis or Bridgeport?
It depends on your priorities. Memphis has a cost index of 68 with median rent of $1,123/mo, while Bridgeport has a cost index of 94 with rent of $1,405/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Memphis details → View Bridgeport details →

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