Quick answer
Overall prices in the Columbus, OH metro were 95.5 vs 92.2 in Memphis, TN in 2024 (US = 100), so Columbus is 3.6% more expensive than Memphis; housing rents differ by 10% (87.9 vs 79.8). A $75,000 income in Columbus buys about what $72,415 buys in Memphis, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Columbus | Memphis | Columbus vs Memphis |
|---|---|---|---|
| All items | 95.5 | 92.2 | +3.6% |
| Goods | 93.6 | 96.2 | -2.7% |
| Housing (rents) | 87.9 | 79.8 | +10.2% |
| Utilities | 95.5 | 74.1 | +28.9% |
| Other services | 98.9 | 95.4 | +3.7% |
| All items, 2008 | 96.6 | 94.2 | +2.5% |
| $50,000 in Columbus equals in Memphis | $48,277 | ||
| $100,000 in Columbus equals in Memphis | $96,554 | ||
| $150,000 in Columbus equals in Memphis | $144,831 |
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Last updated 2026-10-16. Data only, not financial or tax advice.