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

Memphis

Tennessee
68
VS

Gilbert

Arizona
148

Memphis is 54% cheaper than Gilbert.

$1,123/mo ↓ 45%
Median Rent
$2,028/mo ↑ 81%
$51,211/yr ↓ 58%
Median Income
$121,351/yr ↑ 137%
$157,100 ↓ 70%
Home Value
$518,600 ↑ 230%
$1,087/mo ↓ 43%
Owner Costs
$1,908/mo ↑ 76%
629,063
Population
271,118

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
20.1%
rent-to-income

Detailed Comparison

When comparing Memphis, TN and Gilbert, AZ, the overall cost of living indices are 68 and 148 respectively (national median = 100). Rent is $905/month cheaper in Memphis, saving renters about $10,860/year.

Median household income is $70,140/year higher in Gilbert. Home values also differ significantly — the median in Memphis is $157,100 compared to $518,600 in Gilbert.

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

Frequently Asked Questions

Memphis vs Gilbert — common questions

Is Memphis or Gilbert cheaper to live in?
Based on our cost index, Memphis is cheaper to live in with an index of 68 compared to 148 (US average = 100).
What is the rent difference between Memphis and Gilbert?
Median rent in Memphis is $1,123/month and in Gilbert it's $2,028/month — a difference of $905/month.
Which city has higher income, Memphis or Gilbert?
Median household income is $51,211 in Memphis and $121,351 in Gilbert. Median household income is $70,140/year higher in Gilbert.
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 Gilbert?
It depends on your priorities. Memphis has a cost index of 68 with median rent of $1,123/mo, while Gilbert has a cost index of 148 with rent of $2,028/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Memphis details → View Gilbert details →

More Comparisons

Other cost of living comparisons for Memphis and Gilbert

Memphis vs. Detroit Memphis vs. Louisville Memphis vs. Portland Memphis vs. Baltimore Memphis vs. Las Vegas Memphis vs. Milwaukee Gilbert vs. Chula Vista Gilbert vs. North Las Vegas Gilbert vs. Madison Gilbert vs. Reno Gilbert vs. Buffalo Gilbert vs. Toledo