Overall
Diff -6.1 RPP
Merced vs Memphis
Cost of living comparison based on BEA Regional Price Parities. Memphis is 6.2% less expensive than Merced.
6.2% less expensive
Memphis, TN-MS-AR is 6.2% less expensive than Merced, CA on BEA Regional Price Parities (overall RPP 92.2 vs 98.3). A $100,000 salary in Merced buys about the same as $93,797 in Memphis; the largest component gap is services.
- Overall RPP 98.3 (Merced) vs 92.2 (Memphis)
- $100k in Merced ≈ $93,797 purchasing power in Memphis
- Services drives the gap (-84.2 RPP points)
RPP parity plate
Pair CA:TN 98.3→92.2
TIER-NEAR · CROSS-STATE · SPLIT-BUDGET · BOTH-BELOW · PP-SHIFT
- TIER-NEAR Near tier
- CROSS-STATE CA × TN
- SPLIT-BUDGET Split budget
- 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.
Category Breakdown
Goods
Diff -8.9 RPP
Services
Diff -84.2 RPP
Rents
Diff +1.2 RPP
| Category | Merced | Memphis | Difference |
|---|---|---|---|
| Overall | 98.3 | 92.2 | -6.1 |
| Goods | 105.2 | 96.2 | -8.9 |
| Services | 158.3 | 74.1 | -84.2 |
| Rents | 78.6 | 79.8 | +1.2 |
Visual Comparison
Overall
Merced 98.3
Memphis 92.2
Goods
Merced 105.2
Memphis 96.2
Services
Merced 158.3
Memphis 74.1
Rents
Merced 78.6
Memphis 79.8
Vertical line = national average (100)
What This Comparison Actually Tells You
Services creates the largest separation: Memphis is 84.2 points lower. But rents move against the overall direction, so this is a split budget rather than a clean across-the-board winner.
Memphis, TN-MS-AR is 6.2% less expensive than Merced, CA, a meaningful but not extreme shift. The move decision turns on which budget category creates the 6.1-point overall gap.
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.
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 Merced to $93,797 in Memphis, but it is not a personal spending weight.
Merced
98.3
Cost Index
Memphis
92.2
Cost Index
Salary Equivalents
What a salary in Merced would need to be in Memphis for the same purchasing power:
| In Merced | In Memphis | Difference |
|---|---|---|
| $50,000 | $46,898 | $-3,102 |
| $75,000 | $70,348 | $-4,652 |
| $100,000 | $93,797 | $-6,203 |
| $150,000 | $140,695 | $-9,305 |
$ in Merced = 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.
How the Price Gap Changed
Merced and Memphis share 17 published annual releases from 2008 through 2024. Their overall gap widened, moving from 0.1 to 6.1 RPP points. Merced remained the higher-index metro in the latest release.
Services changed the most within this pair: its gap moved 64.4 points between the first and latest shared releases (19.8 to 84.2 points). This describes a relative price-index history, not a forecast or a household budget.
| Release Year | Merced RPP | Memphis RPP | Relative Gap |
|---|---|---|---|
| 2008 | 94.3 | 94.2 | 0.1 points Merced higher |
| 2012 | 98.6 | 95.0 | 3.6 points Merced higher |
| 2016 | 95.3 | 95.2 | 0.1 points Merced higher |
| 2020 | 98.7 | 90.3 | 8.4 points Merced higher |
| 2024 | 98.3 | 92.2 | 6.1 points Merced higher |
Annual BEA Regional Price Parity releases; a higher index means a higher price level relative to the national average of 100. Selected years shown from the full shared series.
Frequently Asked Questions
Is Memphis more expensive than Merced?
Memphis is 6.2% less expensive than Merced. The overall cost index is 92.2 vs 98.3 (national average = 100).
What salary in Memphis equals $100K in Merced?
A $100,000 salary in Merced has the same purchasing power as $93,797 in Memphis. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Merced and Memphis?
Rents in Merced are indexed at 78.6 while Memphis is at 79.8 (national average = 100). Memphis 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.