Louisville/Jefferson County metro government (balance) vs Memphis: Cost of Living (2026)
A side-by-side comparison of Louisville/Jefferson County metro government (balance), KY and Memphis, TN, using US Census Bureau data.
| Metric | Louisville/Jefferson County metro government (balance), KY | Memphis, TN |
|---|---|---|
| Population | 629,176 | 630,027 |
| Median household income | $63,114 | $48,090 |
| Median home value | $204,800 | $139,600 |
| Median rent (/mo) | $1,014 | $1,050 |
Source: US Census Bureau ACS 5-Year (2022). Highlighted cell = more affordable / higher income.
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compare-top (set NEXT_PUBLIC_ADSENSE_CLIENT to serve real ads)Comparing Louisville/Jefferson County metro government (balance), KY and Memphis, TN comes down to what you value most. Memphis has the lower median home value, and Louisville/Jefferson County metro government (balance) has the lower median rent.
Louisville/Jefferson County metro government (balance) has the higher median household income, which affects how far a paycheck stretches against local housing costs. The table below breaks down the key numbers side by side, all sourced from the US Census Bureau.
Frequently asked questions
- Is it cheaper to live in Louisville/Jefferson County metro government (balance) or Memphis?
- By median home value, Memphis is the cheaper of the two ($139,600 vs $204,800). Rent and income differ too — see the full comparison above.
- Which has higher salaries, Louisville/Jefferson County metro government (balance) or Memphis?
- Median household income is $63,114 in Louisville/Jefferson County metro government (balance) versus $48,090 in Memphis, per the US Census Bureau.
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