CostIndexUSA

Memphis, TN vs Yuma, AZ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostTN
Memphis
92.2
overall index
$1,425/mo rent
AZ
Yuma
92.7
overall index
$1,375/mo rent

Memphis and Yuma have nearly identical costs of living.

Category Breakdown

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

🏠 Housing7.5%
Memphis
79.8
Yuma
73.8
🛒 Groceries≈ Equal
Memphis
96.2
Yuma
96.2
🚗 Transportation+4.7%
Memphis
100.1
Yuma
104.8
🏥 Healthcare+4.6%
Memphis
90.6
Yuma
94.8
Utilities+18.5%
Memphis
74.1
Yuma
87.8

Salary Equivalency Calculator

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

$
Equivalent salary in Yuma, AZ
$80,400
$400 more needed in Yuma

Formula: salary × (92.7 ÷ 92.2) = salary × 1.0054. Based on BEA Regional Price Parities.

Housing Market

Memphis, TN

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

Yuma, AZ

Median Home Price
$279,000
Median Monthly Rent
$1,375
Housing Index
73.8
Price-to-Rent Ratio
16.9×

Memphis has 7.5% lower housing costs compared to Yuma.

Income & Job Market

Memphis, TN

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

Yuma, AZ

Median Household Income
$62,900
Per Capita Income
$35,900
Unemployment Rate
6.8%
Population
95,548
Top Industries
MilitaryAgricultureHealthcareRetailGovernment

Affordability at a Glance

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

Memphis, TN
3.7×income-to-rent ratio

73% of income left after rent (median)

Yuma, AZ
3.8×income-to-rent ratio

74% 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.