Cost of Living Comparison 2026
Data: HUD rent estimates, BLS cost of living
You'd spend $349/month more in Louisville, KY
$150.0K in your current city equals $154.2K in Louisville, KY
Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.
Memphis, TN
Louisville, KY
Memphis, TN
The Volunteer State
Located in Tennessee, this city has a population of 633K residents.
💡 Advantage: Tennessee has no state income tax!
Louisville, KY
The Bluegrass State
Located in Kentucky, this city has a population of 629K residents.
Cost Breakdown by Category
Annual spending: Memphis, TN vs Louisville, KY
| Category | Memphis, TN | Louisville, KY | Difference | Change |
|---|---|---|---|---|
Housing | $1,845/mo | $2,131/mo | ↑ $286more | 15.5% |
Other | $1,674/mo | $1,590/mo | ↓ $83.70less | 5.0% |
Transportation | $1,243/mo | $1,311/mo | ↑ $68.30more | 5.5% |
All Utilities | $530/mo | $464/mo | ↓ $65.57less | 12.4% |
Healthcare | $527/mo | $564/mo | ↑ $37.17more | 7.1% |
Groceries | $939/mo | $959/mo | ↑ $19.99more | 2.1% |
🏛️ Local Income Taxes
Memphis, TN has no local income tax.
Local taxes are in addition to state income tax. Not all cities levy local income taxes.
🏠Rent Comparison
1BR range: $940–$1,730/mo
1BR range: $890–$1,490/mo
💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.
Home Values
Homes in Louisville are 58% more expensive than Memphis
Source: Zillow Home Value Index (ZHVI), January 2026
Tax Comparison
Annual tax burden comparison at $150.0K salary
Memphis, TN
Louisville, KY
Additional Tax Information
Memphis, TN Tax Rates
Louisville, KY Tax Rates
💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.
Environment
💰 See how taxes change too — compare take-home pay between Tennessee and Kentucky on TaxTakeHome.com
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