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

Memphis

Tennessee
68
VS

Pembroke Pines

Florida
130

Memphis is 48% cheaper than Pembroke Pines.

$1,123/mo ↓ 41%
Median Rent
$1,910/mo ↑ 70%
$51,211/yr ↓ 37%
Median Income
$81,675/yr ↑ 59%
$157,100 ↓ 62%
Home Value
$411,700 ↑ 162%
$1,087/mo ↓ 37%
Owner Costs
$1,717/mo ↑ 58%
629,063
Population
170,557

Tax Comparison

0%
Income Tax
0%
7.0%
State Sales Tax
6.0%
0.64%
Property Tax
0.86%

Affordability

26.3%
rent-to-income
Affordability
28.1%
rent-to-income

Detailed Comparison

When comparing Memphis, TN and Pembroke Pines, FL, the overall cost of living indices are 68 and 130 respectively (national median = 100). Rent is $787/month cheaper in Memphis, saving renters about $9,444/year.

Median household income is $30,464/year higher in Pembroke Pines. Home values also differ significantly — the median in Memphis is $157,100 compared to $411,700 in Pembroke Pines.

Frequently Asked Questions

Memphis vs Pembroke Pines — common questions

Is Memphis or Pembroke Pines cheaper to live in?
Based on our cost index, Memphis is cheaper to live in with an index of 68 compared to 130 (US average = 100).
What is the rent difference between Memphis and Pembroke Pines?
Median rent in Memphis is $1,123/month and in Pembroke Pines it's $1,910/month — a difference of $787/month.
Which city has higher income, Memphis or Pembroke Pines?
Median household income is $51,211 in Memphis and $81,675 in Pembroke Pines. Median household income is $30,464/year higher in Pembroke Pines.
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 Pembroke Pines?
It depends on your priorities. Memphis has a cost index of 68 with median rent of $1,123/mo, while Pembroke Pines has a cost index of 130 with rent of $1,910/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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More Comparisons

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