Cost of Living: Memphis, TN vs Greeley, CO (2026)

Memphis

Tennessee
68
VS

Greeley

Colorado
103

Memphis is 34% cheaper than Greeley.

$1,123/mo ↓ 16%
Median Rent
$1,333/mo ↑ 19%
$51,211/yr ↓ 25%
Median Income
$68,650/yr ↑ 34%
$157,100 ↓ 57%
Home Value
$369,600 ↑ 135%
$1,087/mo ↓ 22%
Owner Costs
$1,387/mo ↑ 28%
629,063
Population
109,421

Tax Comparison

0%
Income Tax
4.4%
7.0%
State Sales Tax
2.9%
0.64%
Property Tax
0.51%

Affordability

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

Detailed Comparison

When comparing Memphis, TN and Greeley, CO, the overall cost of living indices are 68 and 103 respectively (national median = 100). Rent is $210/month cheaper in Memphis, saving renters about $2,520/year.

Median household income is $17,439/year higher in Greeley. Home values also differ significantly — the median in Memphis is $157,100 compared to $369,600 in Greeley.

Tennessee has no state income tax, giving Memphis residents a significant tax advantage over Colorado's 4.4% rate.

Frequently Asked Questions

Memphis vs Greeley — common questions

Is Memphis or Greeley cheaper to live in?
Based on our cost index, Memphis is cheaper to live in with an index of 68 compared to 103 (US average = 100).
What is the rent difference between Memphis and Greeley?
Median rent in Memphis is $1,123/month and in Greeley it's $1,333/month — a difference of $210/month.
Which city has higher income, Memphis or Greeley?
Median household income is $51,211 in Memphis and $68,650 in Greeley. Median household income is $17,439/year higher in Greeley.
How do taxes compare between Tennessee and Colorado?
Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Memphis or Greeley?
It depends on your priorities. Memphis has a cost index of 68 with median rent of $1,123/mo, while Greeley has a cost index of 103 with rent of $1,333/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Memphis details → View Greeley details →

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