Overall
Diff -6.1 RPP
Lancaster vs Memphis
Cost of living comparison based on BEA Regional Price Parities. Memphis is 6.2% less expensive than Lancaster.
6.2% less expensive
Memphis, TN-MS-AR is 6.2% less expensive than Lancaster, PA on BEA Regional Price Parities (overall RPP 92.2 vs 98.3). A $100,000 salary in Lancaster buys about the same as $93,814 in Memphis; the largest component gap is services.
- Overall RPP 98.3 (Lancaster) vs 92.2 (Memphis)
- $100k in Lancaster ≈ $93,814 purchasing power in Memphis
- Services drives the gap (-33.2 RPP points)
RPP parity plate
Pair PA:TN 98.3→92.2
TIER-NEAR · CROSS-STATE · SERVICES-LED · BOTH-BELOW · PP-SHIFT
- TIER-NEAR Near tier
- CROSS-STATE PA × TN
- SERVICES-LED Services-led gap
- BOTH-BELOW Both below 100
- PP-SHIFT PP shift
Instrument codes from this pair's BEA Regional Price Parities (overall · goods · services · rents · national benchmark 100 · purchasing-power conversion), not a ranking or recommendation.
What This Comparison Actually Tells You
Both metros remain below the U.S. benchmark of 100. This comparison chooses between two below-average price levels; “more expensive” here does not mean nationally expensive.
Memphis, TN-MS-AR is 6.2% less expensive than Lancaster, PA, a meaningful but not extreme shift. The move decision turns on which budget category creates the 6.1-point overall gap.
Services leads the difference, with Memphis 33.2 points lower than Lancaster. Goods, services, and rents all point in the same broad direction, making the headline comparison more transferable across household types.
Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.
For a service-heavy household, test childcare, health, and other locally supplied costs before relying on rent alone. The BEA ratio converts $100,000 in Lancaster to $93,814 in Memphis, but it is not a personal spending weight.
Category Breakdown
Goods
Diff -4.5 RPP
Services
Diff -33.2 RPP
Rents
Diff -14.0 RPP
| Category | Lancaster | Memphis | Difference |
|---|---|---|---|
| Overall | 98.3 | 92.2 | -6.1 |
| Goods | 100.7 | 96.2 | -4.5 |
| Services | 107.3 | 74.1 | -33.2 |
| Rents | 93.8 | 79.8 | -14.0 |
Visual Comparison
Overall
Lancaster 98.3
Memphis 92.2
Goods
Lancaster 100.7
Memphis 96.2
Services
Lancaster 107.3
Memphis 74.1
Rents
Lancaster 93.8
Memphis 79.8
Vertical line = national average (100)
Salary Equivalents
What a salary in Lancaster would need to be in Memphis for the same purchasing power:
| In Lancaster | In Memphis | Difference |
|---|---|---|
| $50,000 | $46,907 | $-3,093 |
| $75,000 | $70,361 | $-4,639 |
| $100,000 | $93,814 | $-6,186 |
| $150,000 | $140,721 | $-9,279 |
$ in Lancaster = in Memphis
Same BEA Regional Price Parity ratio as the table above (98.3 → 92.2), computed live from your number, nothing is sent anywhere.
Lancaster
98.3
Cost Index
Memphis
92.2
Cost Index
Frequently Asked Questions
Is Memphis more expensive than Lancaster?
Memphis is 6.2% less expensive than Lancaster. The overall cost index is 92.2 vs 98.3 (national average = 100).
What salary in Memphis equals $100K in Lancaster?
A $100,000 salary in Lancaster has the same purchasing power as $93,814 in Memphis. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Lancaster and Memphis?
Rents in Lancaster are indexed at 93.8 while Memphis is at 79.8 (national average = 100). Lancaster has higher rents.
Data sources
- BEA Regional Price Parities (RPP), the cost-of-living indices shown on this page
- U.S. Census Bureau, American Community Survey (ACS), gross-rent observations behind the rents component
- BLS Consumer Price Index (CPI), goods and services price relatives
- BLS Occupational Employment and Wage Statistics (OEWS), labor-driven services component
- HUD Fair Market Rents (FMR), 40th-percentile rent cross-reference
Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.