Understanding how rental prices have changed over time helps predict future affordability and make informed decisions about your move.
A comprehensive breakdown of annual living expenses helps you budget effectively for your new life in New York.
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Memphis is 205.8% cheaper for housing than New York. The median home price in Memphis is $299,400 compared to $915,666 in New York.
Monthly rent in New York averages $3,815, while Memphis averages $1,247. That's a difference of $2,568 per month, or $30,813 annually.
The median household income in New York is $80,175, which is 34.3% higher than Memphis's median of $59,716.
Memphis has a violent crime rate of 672 per 100k residents, while New York has 308 per 100k. New York is statistically safer.
Estates is a comprehensive cost of living comparison platform covering over 3,900 US cities. We help you compare housing prices, rent, income levels, crime rates, demographics, and climate data to make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
