CostIndexUSA

Fort Collins, CO vs Memphis, TN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Fort Collins
101.1
overall index
$1,875/mo rent
More AffordableTN
Memphis
92.2
overall index
$1,425/mo rent

Memphis is moderately cheaper than Fort Collins — 8.8% lower overall cost of living.

To match an $80,000 salary in Fort Collins, you would need $73,000 in Memphis. Calculate your salary ↓

Category Breakdown

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

🏠 Housing33.8%
Fort Collins
120.6
Memphis
79.8
🛒 Groceries≈ Equal
Fort Collins
96.1
Memphis
96.2
🚗 Transportation4.5%
Fort Collins
104.8
Memphis
100.1
🏥 Healthcare4.4%
Fort Collins
94.8
Memphis
90.6
Utilities9.9%
Fort Collins
82.2
Memphis
74.1

Salary Equivalency Calculator

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

$
Equivalent salary in Memphis, TN
$73,000
$7,000 less needed in Memphis

Formula: salary × (92.2 ÷ 101.1) = salary × 0.9120. Based on BEA Regional Price Parities.

Housing Market

Fort Collins, CO

Median Home Price
$540,000
Median Monthly Rent
$1,875
Housing Index
120.6
Price-to-Rent Ratio
24.0×

Memphis, TN

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

Fort Collins has 33.8% lower housing costs compared to Memphis.

Income & Job Market

Fort Collins, CO

Median Household Income
$88,200
Per Capita Income
$50,300
Unemployment Rate
4.5%
Population
164,672
Top Industries
TechnologyEducationHealthcareAgricultureManufacturing

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).

Fort Collins, CO
3.9×income-to-rent ratio

74% 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.