Memphis, TX vs Spur, TX

Memphis, TX and Spur, TX have a very similar cost of living, with only a 2.3% difference in their overall index. Memphis scores 58 while Spur scores 56 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.

On the housing front, median rent in Memphis is $608/month compared to $661/month in Spur — a 8% difference. Interestingly, home values tell a different story: while Memphis has cheaper rent, Spur actually has lower median home values ($55,600 vs $74,700).

Median household income in Memphis is $46,567 compared to $42,500 in Spur (+9.6%). 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 15.7% of their income on rent, less than the 18.7% in Spur.

Climate-wise, both cities share similar average temperatures (59.2°F vs 61.4°F). Memphis receives more rainfall at 22.7" per year compared to 18.3" in Spur.