Memphis, MO vs Queen City, MO

There is a significant gap in the cost of living between these two cities. Queen City is 15.1% cheaper than Memphis. With a cost index of 49 vs 57, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Queen City to Memphis should plan for substantially higher expenses across most categories.

On the housing front, median rent in Memphis is $491/month compared to $384/month in Queen City — a 28% difference. Home values follow the same pattern: Queen City is more affordable at $66,200 median vs $117,200.

Median household income in Memphis is $49,598 compared to $48,295 in Queen City (+2.7%). Memphis 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 Memphis spend roughly 11.9% of their income on rent, more than the 9.5% in Queen City.