Memphis, TN vs Midland, TX: 68 vs 99

$1,123/mo ↓ 20%

Median Rent

$1,407/mo ↑ 25%

$51,211/yr ↓ 44%

Median Income

$91,169/yr ↑ 78%

$157,100 ↓ 47%

Home Value

$298,600 ↑ 90%

$1,087/mo ↓ 26%

Owner Costs

$1,468/mo ↑ 35%

629,063

Population

133,998

Detailed Comparison

When comparing Memphis, TN and Midland, TX, the overall cost of living indices are 68 and 99 respectively (national median = 100). Rent is $284/month cheaper in Memphis, saving renters about $3,408/year.

Median household income is $39,958/year higher in Midland. Home values also differ significantly — the median in Memphis is $157,100 compared to $298,600 in Midland.

Frequently Asked Questions

Memphis vs Midland — common questions

Is Memphis or Midland cheaper to live in?

Based on our cost index, Memphis is cheaper to live in with an index of 68 compared to 99 (US average = 100).

What is the rent difference between Memphis and Midland?

Median rent in Memphis is $1,123/month and in Midland it's $1,407/month — a difference of $284/month.

Which city has higher income, Memphis or Midland?

Median household income is $51,211 in Memphis and $91,169 in Midland. Median household income is $39,958/year higher in Midland.

How do taxes compare between Tennessee and Texas?

Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.

Should I move to Memphis or Midland?

It depends on your priorities. Memphis has a cost index of 68 with median rent of $1,123/mo, while Midland has a cost index of 99 with rent of $1,407/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Memphis, TN vs Midland, TX (2026)

Memphis

Midland

Tax Comparison

Affordability

Detailed Comparison

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