Cost of Living: Memphis, TN vs North Las Vegas, NV (2026)

Memphis

Tennessee
68
VS

North Las Vegas

Nevada
114

Memphis is 40% cheaper than North Las Vegas.

$1,123/mo ↓ 30%
Median Rent
$1,605/mo ↑ 43%
$51,211/yr ↓ 33%
Median Income
$76,772/yr ↑ 50%
$157,100 ↓ 58%
Home Value
$372,300 ↑ 137%
$1,087/mo ↓ 31%
Owner Costs
$1,570/mo ↑ 44%
629,063
Population
270,773

Tax Comparison

0%
Income Tax
0%
7.0%
State Sales Tax
6.85%
0.64%
Property Tax
0.53%

Affordability

26.3%
rent-to-income
Affordability
25.1%
rent-to-income

Detailed Comparison

When comparing Memphis, TN and North Las Vegas, NV, the overall cost of living indices are 68 and 114 respectively (national median = 100). Rent is $482/month cheaper in Memphis, saving renters about $5,784/year.

Median household income is $25,561/year higher in North Las Vegas. Home values also differ significantly — the median in Memphis is $157,100 compared to $372,300 in North Las Vegas.

Frequently Asked Questions

Memphis vs North Las Vegas — common questions

Is Memphis or North Las Vegas cheaper to live in?
Based on our cost index, Memphis is cheaper to live in with an index of 68 compared to 114 (US average = 100).
What is the rent difference between Memphis and North Las Vegas?
Median rent in Memphis is $1,123/month and in North Las Vegas it's $1,605/month — a difference of $482/month.
Which city has higher income, Memphis or North Las Vegas?
Median household income is $51,211 in Memphis and $76,772 in North Las Vegas. Median household income is $25,561/year higher in North Las Vegas.
How do taxes compare between Tennessee and Nevada?
Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax.
Should I move to Memphis or North Las Vegas?
It depends on your priorities. Memphis has a cost index of 68 with median rent of $1,123/mo, while North Las Vegas has a cost index of 114 with rent of $1,605/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Memphis details → View North Las Vegas details →

More Comparisons

Other cost of living comparisons for Memphis and North Las Vegas

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