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Memphis, IN vs West Harrison, IN

87
Memphis
Indiana
VS
+24.8%
70
West Harrison
Indiana

There is a significant gap in the cost of living between these two cities. West Harrison is 24.8% cheaper than Memphis. With a cost index of 70 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from West Harrison to Memphis should plan for substantially higher expenses across most categories.

On the housing front, median rent in Memphis is $1,173/month compared to $875/month in West Harrison — a 34% difference. Home values follow the same pattern: West Harrison is more affordable at $127,900 median vs $233,600.

Median household income in Memphis is $116,852 compared to $44,125 in West Harrison (+164.8%). 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 Memphis spend roughly 12% of their income on rent, less than the 23.8% in West Harrison.

Income & Cost

Cost of Living Index
Memphis
87
West Harrison
70
20% cheaper
Median Household Income
Memphis
$116,852
62% higher
West Harrison
$44,125

Housing

Median Rent
Memphis
$1,173
West Harrison
$875
25% cheaper
Median Home Value
Memphis
$233,600
West Harrison
$127,900
45% cheaper
Population
Memphis
928
West Harrison
327

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Memphis $2.89
West Harrison $2.89
US $3.07
🥚
Eggs (grade A, large)
Memphis $2.36
West Harrison $2.36
US $2.50
🥛
Milk (whole)
Memphis $3.80
West Harrison $3.80
US $4.03
🍞
Bread (white)
Memphis $1.75
West Harrison $1.75
US $1.85
🍗
Chicken breast
Memphis $3.91
West Harrison $3.91
US $4.14
Electricity
Memphis $0.15
West Harrison $0.17
US $0.19