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Macon, MO vs Memphis, MO

66
Macon
Missouri
VS
+16.8%
57
Memphis
Missouri

There is a significant gap in the cost of living between these two cities. Memphis is 16.8% cheaper than Macon. With a cost index of 57 vs 66, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Memphis to Macon should plan for substantially higher expenses across most categories.

On the housing front, median rent in Macon is $760/month compared to $491/month in Memphis — a 55% difference. Home values follow the same pattern: Memphis is more affordable at $117,200 median vs $133,800.

Median household income in Macon is $51,103 compared to $49,598 in Memphis (+3%). Macon 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 Macon spend roughly 17.8% of their income on rent, more than the 11.9% in Memphis.

Income & Cost

Cost of Living Index
Macon
66
Memphis
57
14% cheaper
Median Household Income
Macon
$51,103
3% higher
Memphis
$49,598

Housing

Median Rent
Macon
$760
Memphis
$491
35% cheaper
Median Home Value
Macon
$133,800
Memphis
$117,200
12% cheaper
Population
Macon
5,457
Memphis
1,860

Salary Equivalency Calculator

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