CostIndexUSA

Flint, MI vs Memphis, TN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MI
Flint
93
overall index
$1,075/mo rent
More AffordableTN
Memphis
92.2
overall index
$1,425/mo rent

Memphis is slightly cheaper than Flint — 0.9% lower overall cost of living.

To match an $80,000 salary in Flint, you would need $79,300 in Memphis. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+7.8%
Flint
74
Memphis
79.8
🛒 Groceries+2.7%
Flint
93.7
Memphis
96.2
🚗 Transportation4.2%
Flint
104.5
Memphis
100.1
🏥 Healthcare4.2%
Flint
94.6
Memphis
90.6
Utilities23.7%
Flint
97.1
Memphis
74.1

Salary Equivalency Calculator

Enter your current salary in Flint to see what you'd need to earn in Memphis to maintain the same purchasing power.

$
Equivalent salary in Memphis, TN
$79,300
$700 less needed in Memphis

Formula: salary × (92.2 ÷ 93) = salary × 0.9914. Based on BEA Regional Price Parities.

Housing Market

Flint, MI

Median Home Price
$183,000
Median Monthly Rent
$1,075
Housing Index
74
Price-to-Rent Ratio
14.2×

Memphis, TN

Median Home Price
$238,000
Median Monthly Rent
$1,425
Housing Index
79.8
Price-to-Rent Ratio
13.9×

Memphis has 7.8% higher housing costs compared to Flint.

Income & Job Market

Flint, MI

Median Household Income
$60,000
Per Capita Income
$34,200
Unemployment Rate
6.9%
Population
81,252
Top Industries
HealthcareManufacturingEducationGovernmentRetail

Memphis, TN

Median Household Income
$64,000
Per Capita Income
$36,500
Unemployment Rate
5.7%
Population
633,104
Top Industries
LogisticsHealthcareManufacturingTourismGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Flint, MI
4.7×income-to-rent ratio

79% of income left after rent (median)

Memphis, TN
3.7×income-to-rent ratio

73% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.