Quick answer
Overall prices in the Memphis, TN metro were 92.2 vs 102.7 in Hartford, CT in 2024 (US = 100), so Memphis is 10.3% less expensive than Hartford; housing rents differ by 28% (79.8 vs 110.2). A $75,000 income in Memphis buys about what $83,598 buys in Hartford, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Memphis | Hartford | Memphis vs Hartford |
|---|---|---|---|
| All items | 92.2 | 102.7 | -10.3% |
| Goods | 96.2 | 97.3 | -1.1% |
| Housing (rents) | 79.8 | 110.2 | -27.6% |
| Utilities | 74.1 | 144.9 | -48.8% |
| Other services | 95.4 | 102.7 | -7.1% |
| All items, 2008 | 94.2 | 104.8 | -10.1% |
| $50,000 in Memphis equals in Hartford | $55,732 | ||
| $100,000 in Memphis equals in Hartford | $111,464 | ||
| $150,000 in Memphis equals in Hartford | $167,195 |
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Last updated 2026-10-16. Data only, not financial or tax advice.