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Gentryville, IN vs Memphis, IN

63
Gentryville
Indiana
VS
-27.7%
87
Memphis
Indiana

There is a significant gap in the cost of living between these two cities. Gentryville is 27.7% cheaper than Memphis. With a cost index of 63 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gentryville to Memphis should plan for substantially higher expenses across most categories.

On the housing front, median rent in Gentryville is $744/month compared to $1,173/month in Memphis — a 37% difference. Home values follow the same pattern: Gentryville is more affordable at $110,400 median vs $233,600.

Median household income in Gentryville is $46,774 compared to $116,852 in Memphis (-60%). While Memphis is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gentryville spend roughly 19.1% of their income on rent, more than the 12% in Memphis.

Income & Cost

Cost of Living Index
Gentryville
63
28% cheaper
Memphis
87
Median Household Income
Gentryville
$46,774
Memphis
$116,852
60% higher

Housing

Median Rent
Gentryville
$744
37% cheaper
Memphis
$1,173
Median Home Value
Gentryville
$110,400
53% cheaper
Memphis
$233,600
Population
Gentryville
310
Memphis
928

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Gentryville $2.91
Memphis $2.89
US $3.07
🥚
Eggs (grade A, large)
Gentryville $2.37
Memphis $2.36
US $2.50
🥛
Milk (whole)
Gentryville $3.82
Memphis $3.80
US $4.03
🍞
Bread (white)
Gentryville $1.75
Memphis $1.75
US $1.85
🍗
Chicken breast
Gentryville $3.93
Memphis $3.91
US $4.14
Electricity
Gentryville $0.16
Memphis $0.15
US $0.19