Overall
- Memphis
- 92.2
Diff -6.1 RPP
Cost of living comparison based on BEA Regional Price Parities. Memphis is 6.2% less expensive than Sebastian-Vero Beach-West Vero Corridor.
Memphis, TN-MS-AR is 6.2% less expensive than Sebastian-Vero Beach-West Vero Corridor, FL on BEA Regional Price Parities (overall RPP 92.2 vs 98.3). A $100,000 salary in Sebastian-Vero Beach-West Vero Corridor buys about the same as $93,766 in Memphis; the largest component gap is rents.
RPP parity plate
Pair FL:TN 98.3→92.2
TIER-NEAR · CROSS-STATE · RENT-LED · BOTH-BELOW · 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 a salary in Sebastian-Vero Beach-West Vero Corridor would need to be in Memphis for the same purchasing power:
| In Sebastian-Vero Beach-West Vero Corridor | In Memphis | Difference |
|---|---|---|
| $50,000 | $46,883 | $-3,117 |
| $75,000 | $70,324 | $-4,676 |
| $100,000 | $93,766 | $-6,234 |
| $150,000 | $140,648 | $-9,352 |
Same BEA Regional Price Parity ratio as the table above (98.3 → 92.2), computed live from your number, nothing is sent anywhere.
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 Sebastian-Vero Beach-West Vero Corridor, FL, a meaningful but not extreme shift. The move decision turns on which budget category creates the 6.1-point overall gap.
Rents leads the difference, with Memphis 21.8 points lower than Sebastian-Vero Beach-West Vero Corridor. 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 housing-sensitive move, validate the rent gap first: HUD Fair Market Rent and the actual unit size can overturn what the blended index implies. On the BEA ratio alone, $100,000 in Sebastian-Vero Beach-West Vero Corridor corresponds to $93,766 in Memphis.
Diff -6.1 RPP
Diff -0.0 RPP
Diff -13.2 RPP
Diff -21.8 RPP
| Category | Sebastian-Vero Beach-West Vero Corridor | Memphis | Difference |
|---|---|---|---|
| Overall | 98.3 | 92.2 | -6.1 |
| Goods | 96.2 | 96.2 | -0.0 |
| Services | 87.3 | 74.1 | -13.2 |
| Rents | 101.6 | 79.8 | -21.8 |
Vertical line = national average (100)
Memphis is 6.2% less expensive than Sebastian-Vero Beach-West Vero Corridor. The overall cost index is 92.2 vs 98.3 (national average = 100).
A $100,000 salary in Sebastian-Vero Beach-West Vero Corridor has the same purchasing power as $93,766 in Memphis. This is based on the BEA Regional Price Parity indexes.
Rents in Sebastian-Vero Beach-West Vero Corridor are indexed at 101.6 while Memphis is at 79.8 (national average = 100). Sebastian-Vero Beach-West Vero Corridor has higher rents.
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.