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Cost of living: Kansas City, MO vs Memphis, TN (2024)

Quick answer

Overall prices in the Kansas City, MO metro were 92.5 vs 92.2 in Memphis, TN in 2024 (US = 100), so Kansas City is 0.4% more expensive than Memphis; housing rents differ by 9% (86.6 vs 79.8). A $75,000 income in Kansas City buys about what $74,705 buys in Memphis, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)Kansas CityMemphisKansas City vs Memphis
All items92.592.2+0.4%
Goods94.196.2-2.2%
Housing (rents)86.679.8+8.6%
Utilities89.074.1+20.2%
Other services93.495.4-2.1%
All items, 200893.194.2-1.2%
$50,000 in Kansas City equals in Memphis$49,803
$100,000 in Kansas City equals in Memphis$99,607
$150,000 in Kansas City equals in Memphis$149,410

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Last updated 2026-10-16. Data only, not financial or tax advice.

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