Quick answer
Memphis costs $720/month less overall ($1,455 vs $2,175/mo). Memphis also has lower state income tax (None vs 5.49%), widening the advantage for higher earners.
City Comparison · 2026
Atlanta vs Memphis
Side-by-side on rent, home prices, taxes, walkability, jobs, and climate — with a straight verdict for each type of mover.
Last updated: April 23, 2026
Atlanta vs Memphis at a Glance
| Metric | Atlanta | Memphis |
|---|---|---|
| 1BR Monthly Rent | $1,650 | $1,220 ✓ |
| 2BR Monthly Rent | $2,100 | $1,220 ✓ |
| Median Home Price | $385K | $195K ✓ |
| Avg Utilities/mo | $165 | $150 ✓ |
| Avg Groceries/mo | $360 | $325 ✓ |
| Monthly Cost (1BR) | $2,175 | $1,455 ✓ |
| Walk Score | 48/100 ✓ | 36/100 |
| Transit Score | 42/100 ✓ | 28/100 |
| State Income Tax | 5.49% | None ✓ |
Monthly cost = 1BR rent + utilities + groceries for one person. ✓ marks the lower/better value.
Cost of Living: What the Numbers Actually Mean
Rent gap: Memphis's 1BR averages $980/month vs $1,650 in Atlanta — a $670/month difference, or $8,040/year. That's a meaningful gap worth factoring into your decision.
State tax: Memphis charges None state income tax vs 5.49% in Atlanta. On an $80K salary that's a $4,392/year difference. On $120K, the gap grows to $6,588 vs $0 — important context if you're choosing between tech job offers.
Home buying: Median homes in Memphis are $195K vs $385K in Atlanta. At a 20% down payment, that's a $38,000 difference in upfront cash — significant at early-career savings rates.
Utilities: Atlanta utilities run $15 more per month than Memphis. Factor this into your all-in monthly budget.
Walkability, Transit & Daily Life
Atlanta, GA
Atlanta is partially walkable in denser neighborhoods but car-dependent in most areas.
TOP NEIGHBORHOODS
Memphis, TN
Car ownership is effectively mandatory in Memphis. Budget $400–600/month for a car if you don't own one.
TOP NEIGHBORHOODS
Climate
Atlanta
Humid subtropical; hot summers, mild winters with occasional ice storms that shut down the city
Memphis
Hot humid summers, mild winters with occasional ice storms, high annual rainfall
Job Market
Atlanta top industries
Memphis top industries
Who Should Pick Which City
Move to Atlanta if…
- →You're a tech workers
- →You're a film industry professionals
- →You're a logistics professionals
- →You're a Southern culture enthusiasts
Move to Memphis if…
- →You're a logistics / supply chain workers
- →You're a healthcare workers
- →You're a musicians
- →You're a remote workers seeking extreme affordability
- →You want zero state income tax
- →You're buying a home and want more for your money
Frequently Asked Questions
Is Atlanta or Memphis cheaper to live in?
Memphis is cheaper overall. Monthly costs (1BR rent + utilities + groceries) run $1,455 in Memphis vs $2,175 in Atlanta — a $720/month difference.
Which city is more walkable — Atlanta or Memphis?
Atlanta is more walkable with a Walk Score of 48/100 vs 36/100. Memphis is more car-dependent.
Atlanta vs Memphis: which has lower state income tax?
Memphis has lower state income tax (None). On an $80K salary, that saves $4,392/year vs Atlanta (5.49%).
Is Atlanta or Memphis better for buying a home?
Memphis has lower median home prices at $195K vs $385K in Atlanta — a $190,000 difference on the median home.