Is Austin or Memphis more affordable?
Austin has a median rent of $1,415/month, while Memphis is $950/month. Memphis is more affordable for renters.
City comparison
Side-by-side comparison of cost of living, taxes, climate, and quality of life between Austin and Memphis.
1
Austin wins
of 5 metrics
tracked
3
Memphis wins
TX
Austin
TN
Memphis
Overview
Population
Median Income
-47.8%Cost of Living
Median Rent / mo
-32.9%Median Home Price
-59.4%Rent-to-Income %
Taxes
State Income Tax
Local Tax Rate
Climate & Weather
Avg High Temp
Avg Low Temp
Sunny Days / Year
Annual Rainfall
Who should choose
Austin is a city in Texas with a population of 944,658.
Read full Austin guide →Who should choose
Memphis is a city in Tennessee with a population of 633,104.
Read full Memphis guide →Austin has a median rent of $1,415/month, while Memphis is $950/month. Memphis is more affordable for renters.
Texas has no state income tax. Tennessee has no state income tax. Both have the same state income tax rate.
Memphis gets 214 sunny days/year. Avg high in Austin: 71.28°F. Avg high in Memphis: 70°F
Austin. Memphis. The right choice depends on your priorities — income, affordability, taxes, and climate all play a role.
Data sourced from U.S. Census Bureau, Bureau of Labor Statistics, and NOAA. Green values indicate a better outcome for that metric.