Quick answer
Overall prices in the Tampa, FL metro were 100.9 vs 92.2 in Memphis, TN in 2024 (US = 100), so Tampa is 9.5% more expensive than Memphis; housing rents differ by 58% (125.8 vs 79.8). A $75,000 income in Tampa buys about what $68,524 buys in Memphis, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Tampa | Memphis | Tampa vs Memphis |
|---|---|---|---|
| All items | 100.9 | 92.2 | +9.5% |
| Goods | 95.5 | 96.2 | -0.8% |
| Housing (rents) | 125.8 | 79.8 | +57.7% |
| Utilities | 88.5 | 74.1 | +19.5% |
| Other services | 97.6 | 95.4 | +2.3% |
| All items, 2008 | 103.3 | 94.2 | +9.6% |
| $50,000 in Tampa equals in Memphis | $45,683 | ||
| $100,000 in Tampa equals in Memphis | $91,366 | ||
| $150,000 in Tampa equals in Memphis | $137,049 |
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Last updated 2026-10-16. Data only, not financial or tax advice.