Keene, TX vs Memphis, TX

The cost of living difference between Keene, TX and Memphis, TX is dramatic. Memphis is 43.2% cheaper than Keene, a gap that translates to thousands of dollars per year in household expenses. Keene 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 Keene is $950/month compared to $608/month in Memphis — a 56% difference. Home values follow the same pattern: Memphis is more affordable at $74,700 median vs $219,900.

Median household income in Keene is $50,796 compared to $46,567 in Memphis (+9.1%). Keene does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Keene spend roughly 22.4% of their income on rent, more than the 15.7% in Memphis.

Climate-wise, Keene is notably warmer with an average of 66.8°F compared to 59.2°F in Memphis. Keene receives more rainfall at 36.2" per year compared to 22.7" in Memphis.