Memphis, TN · the CityFunIndex

Affordability in Memphis

Memphis ranks T#125 of 134 US cities for affordability, with a affordability score of 10Quiet. That puts it in the 7th percentile nationally and #3 of 3 in Tennessee.

affordability score
10
Quiet
National rank
T#125 of 134
In Tennessee
#3 of 3
Percentile
7th

The typical city scores 50 for affordability; Memphis sits 40 points below the median.

How affordability is measured

Cost of living and housing pressure on residents.

The affordability score is the flip side of our economic strain measure — 100 minus the raw economic strain score — so a city with less of it scores higher.

Data sources: Bureau of Labor Statistics unemployment, HUD Fair Market Rent and US Census median income plus poverty rate.

Ranked around Memphis

  1. T#123 New York, NY 11
  2. T#123 Providence, RI 11
  3. T#125 Memphis, TN — this page 10
  4. T#128 Baltimore, MD 9
  5. T#128 Detroit, MI 9

See the full leaderboard — The most affordable cities →

Top US cities for affordability

  1. #1 Bismarck, ND 100
  2. #2 Sioux Falls, SD 99
  3. T#3 Billings, MT 98
  4. T#3 Virginia Beach, VA 98
  5. #5 Portland, ME 97

More about Memphis

Memphis scores 18 overall (Quiet) on the CityFunIndex. Its strongest factors: