Cost of Living: Memphis, TN vs Lillie, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Memphis | Lillie |
|---|---|---|
| Housing Index | 87.5 | Data is updating |
| Median Home Price | $185,000 | $75,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1256 | $Data is updating |
Housing Comparison: Memphis vs Lillie
- In Memphis, the median home price is higher at $185,000, while in Lillie it is $75,000.
- The rent for a two-bedroom apartment is equal in both Memphis and Lillie at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Memphis | Lillie |
|---|---|---|
| Electricity Price | $12.57 | $11.42 |
| Natural Gas Price | $12.35 | $19.48 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Memphis vs Lillie
- Electricity costs are higher in Memphis at $12.57 per kWh, compared to $11.42 in Lillie.
- Lillie experiences higher natural gas costs at $19.48 per unit, with costs at $12.35 in Memphis.
- Utility expenses are equal in both Memphis and Lillie averaging $200.