Memphis, TN vs Yonkers, NY: 68 vs 133

$1,123/mo ↓ 35%

Median Rent

$1,730/mo ↑ 54%

$51,211/yr ↓ 37%

Median Income

$81,816/yr ↑ 60%

$157,100 ↓ 67%

Home Value

$478,000 ↑ 204%

$1,087/mo ↓ 38%

Owner Costs

$1,759/mo ↑ 62%

629,063

Population

209,529

Detailed Comparison

When comparing Memphis, TN and Yonkers, NY, the overall cost of living indices are 68 and 133 respectively (national median = 100). Rent is $607/month cheaper in Memphis, saving renters about $7,284/year.

Median household income is $30,605/year higher in Yonkers. Home values also differ significantly — the median in Memphis is $157,100 compared to $478,000 in Yonkers.

Tennessee has no state income tax, giving Memphis residents a significant tax advantage over New York's 10.9% rate.

Frequently Asked Questions

Memphis vs Yonkers — common questions

Is Memphis or Yonkers cheaper to live in?

Based on our cost index, Memphis is cheaper to live in with an index of 68 compared to 133 (US average = 100).

What is the rent difference between Memphis and Yonkers?

Median rent in Memphis is $1,123/month and in Yonkers it's $1,730/month — a difference of $607/month.

Which city has higher income, Memphis or Yonkers?

Median household income is $51,211 in Memphis and $81,816 in Yonkers. Median household income is $30,605/year higher in Yonkers.

How do taxes compare between Tennessee and New York?

Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax.

Should I move to Memphis or Yonkers?

It depends on your priorities. Memphis has a cost index of 68 with median rent of $1,123/mo, while Yonkers has a cost index of 133 with rent of $1,730/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Memphis, TN vs Yonkers, NY (2026)

Memphis

Yonkers

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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