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Cost of Living in Memphis, MI

76.3
Very Affordable · National average is 100

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$58,423
Median Income
$841/mo
Median Rent
$169,300
Median Home
1,150
Population

Cost Breakdown

🏠Housing
72.4
0Nat'l Avg (100)200
🛒Groceries
75.6
0Nat'l Avg (100)200
🚗Transportation
78.8
0Nat'l Avg (100)200
🏥Healthcare
74.8
0Nat'l Avg (100)200
⚡Utilities
70
0Nat'l Avg (100)200

Fair Market Rents (HUD)

Some values estimated
Studio1 BR2 BR3 BR4 BR
$656
est.
$740
est.
$841$1,076
est.
$1,228
est.

Est. values are derived from the census median rent using national HUD bedroom ratios. Actual HUD Fair Market Rents may differ.

Nearby Cities

Compare Memphis with cities in the area

Richmond, MI
Very Affordable
82.8
Armada, MI
Affordable
88.7
New Haven, MI
Affordable
85.7
Capac, MI
Very Affordable
67.4
New Baltimore, MI
Affordable
93.6
Yale, MI
Very Affordable
65.4
Compare Memphis vs RichmondCompare Memphis vs ArmadaCompare Memphis vs New Haven