Detroit vs Memphis: Cost of Living (2026)
A side-by-side comparison of Detroit, MI and Memphis, TN, using US Census Bureau data.
| Metric | Detroit, MI | Memphis, TN |
|---|---|---|
| Population | 636,787 | 630,027 |
| Median household income | $37,761 | $48,090 |
| Median home value | $66,700 | $139,600 |
| Median rent (/mo) | $989 | $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 Detroit, MI and Memphis, TN comes down to what you value most. Detroit has the lower median home value, and Detroit has the lower median rent.
Memphis 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 Detroit or Memphis?
- By median home value, Detroit is the cheaper of the two ($66,700 vs $139,600). Rent and income differ too — see the full comparison above.
- Which has higher salaries, Detroit or Memphis?
- Median household income is $37,761 in Detroit versus $48,090 in Memphis, per the US Census Bureau.