Memphis, TN vs Miami Gardens, FL: 68 vs 115

$1,123/mo ↓ 34%

Median Rent

$1,709/mo ↑ 52%

$51,211/yr ↓ 16%

Median Income

$60,979/yr ↑ 19%

$157,100 ↓ 53%

Home Value

$337,200 ↑ 115%

$1,087/mo ↓ 34%

Owner Costs

$1,640/mo ↑ 51%

629,063

Population

111,264

Detailed Comparison

When comparing Memphis, TN and Miami Gardens, FL, the overall cost of living indices are 68 and 115 respectively (national median = 100). Rent is $586/month cheaper in Memphis, saving renters about $7,032/year.

Median household income is $9,768/year higher in Miami Gardens. Home values also differ significantly — the median in Memphis is $157,100 compared to $337,200 in Miami Gardens.

Frequently Asked Questions

Memphis vs Miami Gardens — common questions

Is Memphis or Miami Gardens cheaper to live in?

Based on our cost index, Memphis is cheaper to live in with an index of 68 compared to 115 (US average = 100).

What is the rent difference between Memphis and Miami Gardens?

Median rent in Memphis is $1,123/month and in Miami Gardens it's $1,709/month — a difference of $586/month.

Which city has higher income, Memphis or Miami Gardens?

Median household income is $51,211 in Memphis and $60,979 in Miami Gardens. Median household income is $9,768/year higher in Miami Gardens.

How do taxes compare between Tennessee and Florida?

Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.

Should I move to Memphis or Miami Gardens?

It depends on your priorities. Memphis has a cost index of 68 with median rent of $1,123/mo, while Miami Gardens has a cost index of 115 with rent of $1,709/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Memphis, TN vs Miami Gardens, FL (2026)

Memphis

Miami Gardens

Tax Comparison

Affordability

Detailed Comparison

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