Memphis, AL vs Petrey, AL

Memphis, AL and Petrey, AL have a very similar cost of living, with only a 2.4% difference in their overall index. Memphis scores 76 while Petrey scores 78 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

When it comes to buying, median home values in Memphis are $57,900 compared to $77,500 in Petrey, a 25% gap.

Median household income in Memphis is $2,499 compared to $65,000 in Petrey (-96.2%). While Petrey is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (64°F vs 65.1°F). Memphis receives more rainfall at 60" per year compared to 54.4" in Petrey.