Richmond vs Memphis
VA metro vs TN metro · Cost of living comparison
Overall winner:Richmond(4/6 categories)
Monthly Rent
Memphis wins
Home Value
Memphis wins
Median Income
Richmond wins
Affordability Score
Richmond wins
Unemployment
Richmond wins
Violent Crime
Richmond wins
Metric
Richmond
Memphis
| Median Monthly Rent | $1,491/mo | $1,200/mo✓ |
| Median Household Income | $84,332✓ | $64,025 |
| Median Home Value | $357,600 | $265,200✓ |
| Metro Population | 1.4M✓ | 1.3M |
| Rent as % of Income | 21%✓ | 22% |
| Affordability Score | 58/100✓ | 55/100 |
| Unemployment Rate | 2.8%✓ | 3.8% |
| Violent Crime Rate | 236/100k✓ | 628/100k |
| Property Crime Rate | 1659/100k✓ | 2362/100k |
Richmond
VA
Median Rent
$1,491/mo
Median Income
$84,332
Home Value
$357,600
Population
1.4M
1.4M residentsView profile →
Memphis
TN
Median Rent
$1,200/mo
Median Income
$64,025
Home Value
$265,200
Population
1.3M
1.3M residentsView profile →
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