Memphis, TN vs Lowell, MA: 68 vs 119

$1,123/mo ↓ 30%

Median Rent

$1,603/mo ↑ 43%

$51,211/yr ↓ 33%

Median Income

$76,205/yr ↑ 49%

$157,100 ↓ 60%

Home Value

$395,100 ↑ 151%

$1,087/mo ↓ 35%

Owner Costs

$1,672/mo ↑ 54%

629,063

Population

114,799

Detailed Comparison

When comparing Memphis, TN and Lowell, MA, the overall cost of living indices are 68 and 119 respectively (national median = 100). Rent is $480/month cheaper in Memphis, saving renters about $5,760/year.

Median household income is $24,994/year higher in Lowell. Home values also differ significantly — the median in Memphis is $157,100 compared to $395,100 in Lowell.

Tennessee has no state income tax, giving Memphis residents a significant tax advantage over Massachusetts's 9.0% rate.

Frequently Asked Questions

Memphis vs Lowell — common questions

Is Memphis or Lowell cheaper to live in?

Based on our cost index, Memphis is cheaper to live in with an index of 68 compared to 119 (US average = 100).

What is the rent difference between Memphis and Lowell?

Median rent in Memphis is $1,123/month and in Lowell it's $1,603/month — a difference of $480/month.

Which city has higher income, Memphis or Lowell?

Median household income is $51,211 in Memphis and $76,205 in Lowell. Median household income is $24,994/year higher in Lowell.

How do taxes compare between Tennessee and Massachusetts?

Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. Massachusetts has 9.0% income tax, 6.25% sales tax, and 1.15% property tax.

Should I move to Memphis or Lowell?

It depends on your priorities. Memphis has a cost index of 68 with median rent of $1,123/mo, while Lowell has a cost index of 119 with rent of $1,603/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Memphis, TN vs Lowell, MA (2026)

Memphis

Lowell

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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