Quick answer
Overall prices in the Cincinnati, OH metro were 95.4 vs 92.2 in Memphis, TN in 2024 (US = 100), so Cincinnati is 3.5% more expensive than Memphis; housing rents differ by 10% (87.6 vs 79.8). A $75,000 income in Cincinnati buys about what $72,491 buys in Memphis, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Cincinnati | Memphis | Cincinnati vs Memphis |
|---|---|---|---|
| All items | 95.4 | 92.2 | +3.5% |
| Goods | 93.8 | 96.2 | -2.6% |
| Housing (rents) | 87.6 | 79.8 | +9.8% |
| Utilities | 91.0 | 74.1 | +22.7% |
| Other services | 99.0 | 95.4 | +3.8% |
| All items, 2008 | 97.1 | 94.2 | +3.1% |
| $50,000 in Cincinnati equals in Memphis | $48,327 | ||
| $100,000 in Cincinnati equals in Memphis | $96,654 | ||
| $150,000 in Cincinnati equals in Memphis | $144,981 |
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Last updated 2026-10-16. Data only, not financial or tax advice.