Memphis, TN vs Salem, OR: 68 vs 105

$1,123/mo ↓ 15%

Median Rent

$1,323/mo ↑ 18%

$51,211/yr ↓ 29%

Median Income

$71,900/yr ↑ 40%

$157,100 ↓ 59%

Home Value

$382,400 ↑ 143%

$1,087/mo ↓ 25%

Owner Costs

$1,440/mo ↑ 32%

629,063

Population

176,666

Detailed Comparison

When comparing Memphis, TN and Salem, OR, the overall cost of living indices are 68 and 105 respectively (national median = 100). Rent is $200/month cheaper in Memphis, saving renters about $2,400/year.

Median household income is $20,689/year higher in Salem. Home values also differ significantly — the median in Memphis is $157,100 compared to $382,400 in Salem.

Tennessee has no state income tax, giving Memphis residents a significant tax advantage over Oregon's 9.9% rate.

Frequently Asked Questions

Memphis vs Salem — common questions

Is Memphis or Salem cheaper to live in?

Based on our cost index, Memphis is cheaper to live in with an index of 68 compared to 105 (US average = 100).

What is the rent difference between Memphis and Salem?

Median rent in Memphis is $1,123/month and in Salem it's $1,323/month — a difference of $200/month.

Which city has higher income, Memphis or Salem?

Median household income is $51,211 in Memphis and $71,900 in Salem. Median household income is $20,689/year higher in Salem.

How do taxes compare between Tennessee and Oregon?

Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. Oregon has 9.9% income tax, 0% sales tax, and 0.93% property tax.

Should I move to Memphis or Salem?

It depends on your priorities. Memphis has a cost index of 68 with median rent of $1,123/mo, while Salem has a cost index of 105 with rent of $1,323/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Memphis, TN vs Salem, OR (2026)

Memphis

Salem

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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