Cost of Living: Memphis, TN vs Chandler, AZ (2026)

Memphis

Tennessee
68
VS

Chandler

Arizona
134

Memphis is 49% cheaper than Chandler.

$1,123/mo ↓ 38%
Median Rent
$1,806/mo ↑ 61%
$51,211/yr ↓ 51%
Median Income
$103,691/yr ↑ 102%
$157,100 ↓ 67%
Home Value
$469,800 ↑ 199%
$1,087/mo ↓ 38%
Owner Costs
$1,743/mo ↑ 60%
629,063
Population
278,123

Tax Comparison

0%
Income Tax
2.5%
7.0%
State Sales Tax
5.6%
0.64%
Property Tax
0.62%

Affordability

26.3%
rent-to-income
Affordability
20.9%
rent-to-income

Detailed Comparison

When comparing Memphis, TN and Chandler, AZ, the overall cost of living indices are 68 and 134 respectively (national median = 100). Rent is $683/month cheaper in Memphis, saving renters about $8,196/year.

Median household income is $52,480/year higher in Chandler. Home values also differ significantly — the median in Memphis is $157,100 compared to $469,800 in Chandler.

Tennessee has no state income tax, giving Memphis residents a significant tax advantage over Arizona's 2.5% rate.

Frequently Asked Questions

Memphis vs Chandler — common questions

Is Memphis or Chandler cheaper to live in?
Based on our cost index, Memphis is cheaper to live in with an index of 68 compared to 134 (US average = 100).
What is the rent difference between Memphis and Chandler?
Median rent in Memphis is $1,123/month and in Chandler it's $1,806/month — a difference of $683/month.
Which city has higher income, Memphis or Chandler?
Median household income is $51,211 in Memphis and $103,691 in Chandler. Median household income is $52,480/year higher in Chandler.
How do taxes compare between Tennessee and Arizona?
Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax.
Should I move to Memphis or Chandler?
It depends on your priorities. Memphis has a cost index of 68 with median rent of $1,123/mo, while Chandler has a cost index of 134 with rent of $1,806/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Memphis details → View Chandler details →

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