Quick answer
Overall prices in the Jacksonville, FL metro were 99.5 vs 92.2 in Memphis, TN in 2024 (US = 100), so Jacksonville is 7.9% more expensive than Memphis; housing rents differ by 38% (109.8 vs 79.8). A $75,000 income in Jacksonville buys about what $69,493 buys in Memphis, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Jacksonville | Memphis | Jacksonville vs Memphis |
|---|---|---|---|
| All items | 99.5 | 92.2 | +7.9% |
| Goods | 96.2 | 96.2 | +0.0% |
| Housing (rents) | 109.8 | 79.8 | +37.6% |
| Utilities | 87.5 | 74.1 | +18.1% |
| Other services | 98.9 | 95.4 | +3.7% |
| All items, 2008 | 99.6 | 94.2 | +5.7% |
| $50,000 in Jacksonville equals in Memphis | $46,329 | ||
| $100,000 in Jacksonville equals in Memphis | $92,657 | ||
| $150,000 in Jacksonville equals in Memphis | $138,986 |
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Last updated 2026-10-16. Data only, not financial or tax advice.