Is Louisville or Memphis more affordable?
Louisville has a median rent of $1,050/month, while Memphis is $950/month. Memphis is more affordable for renters.
City comparison
Louisville, KY vs Memphis, TN
Side-by-side comparison of cost of living, taxes, climate, and quality of life between Louisville and Memphis.
1
Louisville wins
of 5 metrics
tracked
4
Memphis wins
KY
Louisville
vs
TN
Memphis
Overview
633,045
Population
633,104
$55,834✓
Median Income
-26.2%$41,228
Cost of Living
$1,050
Median Rent / mo
-9.5%$950✓
$235,000
Median Home Price
-34.0%$155,000✓
23%
Rent-to-Income %
28%
Taxes
4.00%
State Income Tax
None✓
6.00%
Local Tax Rate
9.75%
Climate & Weather
65°F
Avg High Temp
70°F
44°F
Avg Low Temp
49°F
195 days
Sunny Days / Year
214 days✓
46"
Annual Rainfall
54"
Who should choose
Louisville, KY
Louisville is a city in Kentucky with a population of 633,045.
Read full Louisville guide →Who should choose
Memphis, TN
Memphis is a city in Tennessee with a population of 633,104.
Read full Memphis guide →Louisville vs Memphis — Common Questions
Which city has lower taxes — Louisville or Memphis?
Kentucky has a 4.00% state income tax. Tennessee has no state income tax. Memphis wins on state income tax.
What is the weather difference between Louisville and Memphis?
Louisville gets 195 sunny days/year. Memphis gets 214 sunny days/year. Avg high in Louisville: 65°F. Avg high in Memphis: 70°F
Which city is better for families — Louisville or Memphis?
Louisville. 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.