Gun Barrel City, TX vs Memphis, TX

The cost of living difference between Gun Barrel City, TX and Memphis, TX is dramatic. Memphis is 43.1% cheaper than Gun Barrel City, a gap that translates to thousands of dollars per year in household expenses. Gun Barrel City has a cost index of 83 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 Gun Barrel City is $922/month compared to $608/month in Memphis — a 52% difference. Home values follow the same pattern: Memphis is more affordable at $74,700 median vs $229,300.

Median household income in Gun Barrel City is $69,273 compared to $46,567 in Memphis (+48.8%). While Gun Barrel City is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gun Barrel City spend roughly 16% of their income on rent, more than the 15.7% in Memphis.

Climate-wise, Gun Barrel City is notably warmer with an average of 67°F compared to 59.2°F in Memphis. Gun Barrel City receives more rainfall at 39.3" per year compared to 22.7" in Memphis.