Quick answer
Overall prices in the Memphis, TN metro were 92.2 vs 93.1 in Louisville/Jefferson County, KY in 2024 (US = 100), so Memphis is 1.0% less expensive than Louisville/Jefferson County; housing rents differ by 2% (79.8 vs 78.6). A $75,000 income in Memphis buys about what $75,728 buys in Louisville/Jefferson County, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Memphis | Louisville/Jefferson County | Memphis vs Louisville/Jefferson County |
|---|---|---|---|
| All items | 92.2 | 93.1 | -1.0% |
| Goods | 96.2 | 96.2 | -0.0% |
| Housing (rents) | 79.8 | 78.6 | +1.6% |
| Utilities | 74.1 | 75.0 | -1.1% |
| Other services | 95.4 | 96.8 | -1.5% |
| All items, 2008 | 94.2 | 93.2 | +1.0% |
| $50,000 in Memphis equals in Louisville/Jefferson County | $50,485 | ||
| $100,000 in Memphis equals in Louisville/Jefferson County | $100,971 | ||
| $150,000 in Memphis equals in Louisville/Jefferson County | $151,456 |
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Last updated 2026-10-16. Data only, not financial or tax advice.