Is Charlotte or Memphis more affordable?
Charlotte has a median rent of $1,450/month, while Memphis is $950/month. Memphis is more affordable for renters.
City comparison
Charlotte, NC vs Memphis, TN
Side-by-side comparison of cost of living, taxes, climate, and quality of life between Charlotte and Memphis.
1
Charlotte wins
of 5 metrics
tracked
4
Memphis wins
NC
Charlotte
vs
TN
Memphis
Overview
897,720
Population
633,104
$66,356✓
Median Income
-37.9%$41,228
Cost of Living
$1,450
Median Rent / mo
-34.5%$950✓
$380,000
Median Home Price
-59.2%$155,000✓
26%
Rent-to-Income %
28%
Taxes
4.75%
State Income Tax
None✓
7.25%
Local Tax Rate
9.75%
Climate & Weather
71°F
Avg High Temp
70°F
50°F
Avg Low Temp
49°F
213 days
Sunny Days / Year
214 days✓
44"
Annual Rainfall
54"
Who should choose
Charlotte, NC
Charlotte is a city in North Carolina with a population of 897,720.
Read full Charlotte guide →Who should choose
Memphis, TN
Memphis is a city in Tennessee with a population of 633,104.
Read full Memphis guide →Charlotte vs Memphis — Common Questions
Which city has lower taxes — Charlotte or Memphis?
North Carolina has a 4.75% state income tax. Tennessee has no state income tax. Memphis wins on state income tax.
What is the weather difference between Charlotte and Memphis?
Charlotte gets 213 sunny days/year. Memphis gets 214 sunny days/year. Avg high in Charlotte: 71°F. Avg high in Memphis: 70°F
Which city is better for families — Charlotte or Memphis?
Charlotte. Memphis. The right choice depends on your priorities — income, affordability, taxes, and climate all play a role.
More city comparisons
Data sourced from U.S. Census Bureau, Bureau of Labor Statistics, and NOAA. Green values indicate a better outcome for that metric.