Burnet, TX vs Memphis, TX

The cost of living difference between Burnet, TX and Memphis, TX is dramatic. Memphis is 45.5% cheaper than Burnet, a gap that translates to thousands of dollars per year in household expenses. Burnet has a cost index of 84 while Memphis sits at 58, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Burnet is $1,012/month compared to $608/month in Memphis — a 66% difference. Home values follow the same pattern: Memphis is more affordable at $74,700 median vs $245,900.

Median household income in Burnet is $88,000 compared to $46,567 in Memphis (+89%). While Burnet is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Burnet spend roughly 13.8% of their income on rent, less than the 15.7% in Memphis.