Cost of Living: Memphis, TN vs Denton, TX (2026)

Memphis

Tennessee
68
VS

Denton

Texas
100

Memphis is 32% cheaper than Denton.

$1,123/mo ↓ 16%
Median Rent
$1,344/mo ↑ 20%
$51,211/yr ↓ 31%
Median Income
$73,719/yr ↑ 44%
$157,100 ↓ 52%
Home Value
$325,700 ↑ 107%
$1,087/mo ↓ 26%
Owner Costs
$1,461/mo ↑ 34%
629,063
Population
146,987

Tax Comparison

0%
Income Tax
0%
7.0%
State Sales Tax
6.25%
0.64%
Property Tax
1.6%

Affordability

26.3%
rent-to-income
Affordability
21.9%
rent-to-income

Detailed Comparison

When comparing Memphis, TN and Denton, TX, the overall cost of living indices are 68 and 100 respectively (national median = 100). Rent is $221/month cheaper in Memphis, saving renters about $2,652/year.

Median household income is $22,508/year higher in Denton. Home values also differ significantly — the median in Memphis is $157,100 compared to $325,700 in Denton.

Frequently Asked Questions

Memphis vs Denton — common questions

Is Memphis or Denton cheaper to live in?
Based on our cost index, Memphis is cheaper to live in with an index of 68 compared to 100 (US average = 100).
What is the rent difference between Memphis and Denton?
Median rent in Memphis is $1,123/month and in Denton it's $1,344/month — a difference of $221/month.
Which city has higher income, Memphis or Denton?
Median household income is $51,211 in Memphis and $73,719 in Denton. Median household income is $22,508/year higher in Denton.
How do taxes compare between Tennessee and Texas?
Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Memphis or Denton?
It depends on your priorities. Memphis has a cost index of 68 with median rent of $1,123/mo, while Denton has a cost index of 100 with rent of $1,344/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Memphis details → View Denton details →

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