Memphis, TN vs Kansas City, MO: 68 vs 80

$1,123/mo ↓ 5%

Median Rent

$1,186/mo ↑ 6%

$51,211/yr ↓ 24%

Median Income

$67,449/yr ↑ 32%

$157,100 ↓ 31%

Home Value

$227,000 ↑ 44%

$1,087/mo ↓ 10%

Owner Costs

$1,205/mo ↑ 11%

629,063

Population

508,233

Detailed Comparison

When comparing Memphis, TN and Kansas City, MO, the overall cost of living indices are 68 and 80 respectively (national median = 100). Rent is $63/month cheaper in Memphis, saving renters about $756/year.

Median household income is $16,238/year higher in Kansas City. Home values also differ significantly — the median in Memphis is $157,100 compared to $227,000 in Kansas City.

Tennessee has no state income tax, giving Memphis residents a significant tax advantage over Missouri's 4.95% rate.

Frequently Asked Questions

Memphis vs Kansas City — common questions

Is Memphis or Kansas City cheaper to live in?

Based on our cost index, Memphis is cheaper to live in with an index of 68 compared to 80 (US average = 100).

What is the rent difference between Memphis and Kansas City?

Median rent in Memphis is $1,123/month and in Kansas City it's $1,186/month — a difference of $63/month.

Which city has higher income, Memphis or Kansas City?

Median household income is $51,211 in Memphis and $67,449 in Kansas City. Median household income is $16,238/year higher in Kansas City.

How do taxes compare between Tennessee and Missouri?

Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. Missouri has 4.95% income tax, 4.225% sales tax, and 0.93% property tax.

Should I move to Memphis or Kansas City?

It depends on your priorities. Memphis has a cost index of 68 with median rent of $1,123/mo, while Kansas City has a cost index of 80 with rent of $1,186/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Memphis, TN vs Kansas City, MO (2026)

Memphis

Kansas City

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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