Quick answer
Overall prices in the Charlotte, NC metro were 97.3 vs 92.2 in Memphis, TN in 2024 (US = 100), so Charlotte is 5.6% more expensive than Memphis; housing rents differ by 22% (97.6 vs 79.8). A $75,000 income in Charlotte buys about what $71,018 buys in Memphis, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Charlotte | Memphis | Charlotte vs Memphis |
|---|---|---|---|
| All items | 97.3 | 92.2 | +5.6% |
| Goods | 96.6 | 96.2 | +0.4% |
| Housing (rents) | 97.6 | 79.8 | +22.3% |
| Utilities | 89.2 | 74.1 | +20.3% |
| Other services | 98.2 | 95.4 | +3.0% |
| All items, 2008 | 95.3 | 94.2 | +1.2% |
| $50,000 in Charlotte equals in Memphis | $47,345 | ||
| $100,000 in Charlotte equals in Memphis | $94,690 | ||
| $150,000 in Charlotte equals in Memphis | $142,035 |
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Last updated 2026-10-16. Data only, not financial or tax advice.