Cost of Living: Memphis, TN vs Enterprise, NV (2026)

Memphis

Tennessee
68
VS

Enterprise

Nevada
133

Memphis is 49% cheaper than Enterprise.

$1,123/mo ↓ 38%
Median Rent
$1,823/mo ↑ 62%
$51,211/yr ↓ 46%
Median Income
$93,980/yr ↑ 84%
$157,100 ↓ 65%
Home Value
$449,300 ↑ 186%
$1,087/mo ↓ 40%
Owner Costs
$1,823/mo ↑ 68%
629,063
Population
232,043

Tax Comparison

0%
Income Tax
0%
7.0%
State Sales Tax
6.85%
0.64%
Property Tax
0.53%

Affordability

26.3%
rent-to-income
Affordability
23.3%
rent-to-income

Detailed Comparison

When comparing Memphis, TN and Enterprise, NV, the overall cost of living indices are 68 and 133 respectively (national median = 100). Rent is $700/month cheaper in Memphis, saving renters about $8,400/year.

Median household income is $42,769/year higher in Enterprise. Home values also differ significantly — the median in Memphis is $157,100 compared to $449,300 in Enterprise.

Frequently Asked Questions

Memphis vs Enterprise — common questions

Is Memphis or Enterprise cheaper to live in?
Based on our cost index, Memphis is cheaper to live in with an index of 68 compared to 133 (US average = 100).
What is the rent difference between Memphis and Enterprise?
Median rent in Memphis is $1,123/month and in Enterprise it's $1,823/month — a difference of $700/month.
Which city has higher income, Memphis or Enterprise?
Median household income is $51,211 in Memphis and $93,980 in Enterprise. Median household income is $42,769/year higher in Enterprise.
How do taxes compare between Tennessee and Nevada?
Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax.
Should I move to Memphis or Enterprise?
It depends on your priorities. Memphis has a cost index of 68 with median rent of $1,123/mo, while Enterprise has a cost index of 133 with rent of $1,823/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Memphis details → View Enterprise details →

More Comparisons

Other cost of living comparisons for Memphis and Enterprise

Memphis vs. Detroit Memphis vs. Louisville Memphis vs. Portland Memphis vs. Baltimore Memphis vs. Las Vegas Memphis vs. Milwaukee Enterprise vs. Norfolk Enterprise vs. Spokane Enterprise vs. Arlington Enterprise vs. Santa Clarita Enterprise vs. Boise Enterprise vs. Fremont