Cost of Living: Memphis, TN vs Everett, WA (2026)

Memphis

Tennessee
68
VS

Everett

Washington
137

Memphis is 50% cheaper than Everett.

$1,123/mo ↓ 33%
Median Rent
$1,675/mo ↑ 49%
$51,211/yr ↓ 37%
Median Income
$81,502/yr ↑ 59%
$157,100 ↓ 70%
Home Value
$532,300 ↑ 239%
$1,087/mo ↓ 37%
Owner Costs
$1,738/mo ↑ 60%
629,063
Population
111,083

Tax Comparison

0%
Income Tax
0%
7.0%
State Sales Tax
6.5%
0.64%
Property Tax
0.92%

Affordability

26.3%
rent-to-income
Affordability
24.7%
rent-to-income

Detailed Comparison

When comparing Memphis, TN and Everett, WA, the overall cost of living indices are 68 and 137 respectively (national median = 100). Rent is $552/month cheaper in Memphis, saving renters about $6,624/year.

Median household income is $30,291/year higher in Everett. Home values also differ significantly — the median in Memphis is $157,100 compared to $532,300 in Everett.

Frequently Asked Questions

Memphis vs Everett — common questions

Is Memphis or Everett cheaper to live in?
Based on our cost index, Memphis is cheaper to live in with an index of 68 compared to 137 (US average = 100).
What is the rent difference between Memphis and Everett?
Median rent in Memphis is $1,123/month and in Everett it's $1,675/month — a difference of $552/month.
Which city has higher income, Memphis or Everett?
Median household income is $51,211 in Memphis and $81,502 in Everett. Median household income is $30,291/year higher in Everett.
How do taxes compare between Tennessee and Washington?
Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. Washington has 0% income tax, 6.5% sales tax, and 0.92% property tax.
Should I move to Memphis or Everett?
It depends on your priorities. Memphis has a cost index of 68 with median rent of $1,123/mo, while Everett has a cost index of 137 with rent of $1,675/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Memphis details → View Everett details →

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