Memphis, TN vs Orlando, FL: 68 vs 115

$1,123/mo ↓ 32%

Median Rent

$1,650/mo ↑ 47%

$51,211/yr ↓ 26%

Median Income

$69,268/yr ↑ 35%

$157,100 ↓ 56%

Home Value

$359,000 ↑ 129%

$1,087/mo ↓ 33%

Owner Costs

$1,621/mo ↑ 49%

629,063

Population

311,732

Detailed Comparison

When comparing Memphis, TN and Orlando, FL, the overall cost of living indices are 68 and 115 respectively (national median = 100). Rent is $527/month cheaper in Memphis, saving renters about $6,324/year.

Median household income is $18,057/year higher in Orlando. Home values also differ significantly — the median in Memphis is $157,100 compared to $359,000 in Orlando.

Frequently Asked Questions

Memphis vs Orlando — common questions

Is Memphis or Orlando 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 Orlando?

Median rent in Memphis is $1,123/month and in Orlando it's $1,650/month — a difference of $527/month.

Which city has higher income, Memphis or Orlando?

Median household income is $51,211 in Memphis and $69,268 in Orlando. Median household income is $18,057/year higher in Orlando.

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 Orlando?

It depends on your priorities. Memphis has a cost index of 68 with median rent of $1,123/mo, while Orlando has a cost index of 115 with rent of $1,650/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

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

Memphis

Orlando

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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