Memphis, TN vs Hartford, CT: 68 vs 81

$1,123/mo ↓ 8%

Median Rent

$1,221/mo ↑ 9%

$51,211/yr ↑ 13%

Median Income

$45,300/yr ↓ 12%

$157,100 ↓ 28%

Home Value

$217,200 ↑ 38%

$1,087/mo ↓ 15%

Owner Costs

$1,279/mo ↑ 18%

629,063

Population

119,970

Detailed Comparison

When comparing Memphis, TN and Hartford, CT, the overall cost of living indices are 68 and 81 respectively (national median = 100). Rent is $98/month cheaper in Memphis, saving renters about $1,176/year.

Median household income is $5,911/year higher in Memphis. Home values also differ significantly — the median in Memphis is $157,100 compared to $217,200 in Hartford.

Tennessee has no state income tax, giving Memphis residents a significant tax advantage over Connecticut's 6.99% rate.

Frequently Asked Questions

Memphis vs Hartford — common questions

Is Memphis or Hartford cheaper to live in?

Based on our cost index, Memphis is cheaper to live in with an index of 68 compared to 81 (US average = 100).

What is the rent difference between Memphis and Hartford?

Median rent in Memphis is $1,123/month and in Hartford it's $1,221/month — a difference of $98/month.

Which city has higher income, Memphis or Hartford?

Median household income is $51,211 in Memphis and $45,300 in Hartford. Median household income is $5,911/year higher in Memphis.

How do taxes compare between Tennessee and Connecticut?

Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. Connecticut has 6.99% income tax, 6.35% sales tax, and 2.15% property tax.

Should I move to Memphis or Hartford?

It depends on your priorities. Memphis has a cost index of 68 with median rent of $1,123/mo, while Hartford has a cost index of 81 with rent of $1,221/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Memphis, TN vs Hartford, CT (2026)

Memphis

Hartford

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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