Memphis vs Fayetteville

Cost of living comparison based on BEA Regional Price Parities. Fayetteville is 0.2% less expensive than Memphis.

0.2% less expensive

Fayetteville, NC is 0.2% less expensive than Memphis, TN-MS-AR on BEA Regional Price Parities (overall RPP 92.0 vs 92.2). A $100,000 salary in Memphis buys about the same as $99,782 in Fayetteville; the largest component gap is services.

  • Overall RPP 92.2 (Memphis) vs 92.0 (Fayetteville)
  • $100k in Memphis ≈ $99,782 purchasing power in Fayetteville
  • Services drives the gap (+13.7 RPP points)

RPP parity plate

Pair TN:NC 92.2→92.0

PHOTO-FINISH · CROSS-STATE · SPLIT-BUDGET · BOTH-BELOW · PP-PAR

  • PHOTO-FINISH Photo finish
  • CROSS-STATE TN × NC
  • SPLIT-BUDGET Split budget
  • BOTH-BELOW Both below 100
  • PP-PAR PP near-par

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.

Memphis
92.2
Cost Index
Fayetteville
92.0
Cost Index

What This Comparison Actually Tells You

Memphis, TN-MS-AR and Fayetteville, NC are a photo finish on overall price level, only 0.2 RPP points apart. A salary conversion is therefore a fine adjustment, not evidence of a fundamentally different cost regime.

Services creates the largest separation: Fayetteville is 13.7 points higher. But services and goods move against the overall direction, so this is a split budget rather than a clean across-the-board winner.

Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.

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.

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 Memphis to $99,782 in Fayetteville, but it is not a personal spending weight.

Category Breakdown

Visual Comparison

Overall
Memphis
92.2
Fayetteville
92.0
Goods
Memphis
96.2
Fayetteville
96.6
Services
Memphis
74.1
Fayetteville
87.8
Rents
Memphis
79.8
Fayetteville
73.1

Vertical line = national average (100)

Salary Equivalents

What a salary in Memphis would need to be in Fayetteville for the same purchasing power:

In Memphis In Fayetteville Difference
$50,000 $49,891 $-109
$75,000 $74,836 $-164
$100,000 $99,782 $-218
$150,000 $149,673 $-327
$ in Memphis = in Fayetteville

Same BEA Regional Price Parity ratio as the table above (92.2 → 92.0), computed live from your number, nothing is sent anywhere.

Frequently Asked Questions

Is Fayetteville more expensive than Memphis?

Fayetteville is 0.2% less expensive than Memphis. The overall cost index is 92.0 vs 92.2 (national average = 100).

What salary in Fayetteville equals $100K in Memphis?

A $100,000 salary in Memphis has the same purchasing power as $99,782 in Fayetteville. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Memphis and Fayetteville?

Rents in Memphis are indexed at 79.8 while Fayetteville is at 73.1 (national average = 100). Memphis has higher rents.

Data sourced from official public datasets, Regional Price Parities (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

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.