Is it cheaper to live in Bridgeport or Memphis?

Memphis, TN is cheaper. Its monthly baseline of $1,110 (1BR rent + utilities) runs about 24% below Bridgeport, CT's $1,460, mainly because of rent.

How much more do you need to earn to live in Bridgeport than in Memphis?

To keep rent near the recommended 30% of gross income, you'd want to earn roughly $47,000 a year in Bridgeport versus $38,000 in Memphis.

Which has lower taxes, Bridgeport or Memphis?

Bridgeport is taxed under Connecticut's rules (a top state income tax rate of 6.99% and a 6.35% state sales tax); Memphis under Tennessee's (no state income tax and a 7% state sales tax).

Bridgeport vs Memphis Cost of Living 2026

Bridgeport

Connecticut

$1,460/mo est.

Memphis

Tennessee

$1,110/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $1,460 in Bridgeport, CT versus $1,110 in Memphis, TN. Overall, Memphis, TN is roughly 24% cheaper to live in day-to-day than Bridgeport, CT, driven mainly by rent.

Median household income is $56,584 in Bridgeport, CT and $51,211 in Memphis, TN — about 9% higher in Bridgeport, CT. Connecticut has a top state income tax rate of 6.99% and a 6.35% state sales tax; Tennessee has no state income tax and a 7% state sales tax.

Bridgeport, CT

Memphis, TN

Rent

Studio

$950

$877

+8% in Bridgeport, CT

1 Bedroom

$1,181

$948

+20% in Bridgeport, CT

2 Bedroom

$1,508

$1,073

+29% in Bridgeport, CT

3 Bedroom

$1,639

$1,281

+22% in Bridgeport, CT

Buying a Home

Median Home Value

$252,400

$157,100

+38% in Bridgeport, CT

Income

Median Household Income

$56,584

$51,211

+9% in Bridgeport, CT

Metro Median Wage (annual)

$61,470

$46,890

+24% in Bridgeport, CT

People & Lifestyle

Median Age

36.4 yr

34.3 yr

+2.1 yr in Bridgeport, CT

Homeownership

43.3%

46.0%

+2.7 pp in Memphis, TN

Bachelor's+ (25+)

23.1%

28.2%

+5.1 pp in Memphis, TN

Avg Commute

29.9 min

21.3 min

+8.6 min in Bridgeport, CT

Crime (per 100k/yr)

Violent Crime

401.7

2,507.6

+524% in Memphis, TN

Property Crime

1,478.4

6,966.3

+371% in Memphis, TN

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature

52.5°F

63.1°F

+10.6°F in Memphis, TN

Annual Precipitation

42.7 in

53.7 in

+10.9 in in Memphis, TN

Gas

Regular Gasoline

$3.86/gal

$3.94/gal

+2% in Memphis, TN

Area: East Coast (PADD 1) vs Midwest (PADD 2).

Public Transit

Base Fare (one-way)

—

$1.75

Adult base one-way fare — — vs MATA (2026).

Utilities

Electricity (¢/kWh)

27.4

14.5

+47% in Bridgeport, CT

Natural Gas ($/MCF)

$23.33

$16.83

+28% in Bridgeport, CT

Residential, state-level averages (EIA). MCF = 1,000 cubic feet.

Groceries

Milk (gal)

$4.31

$4.00

+7% in Bridgeport, CT

Bread (lb)

$1.92

$1.75

+9% in Bridgeport, CT

Eggs (doz)

$2.19

$2.21

+1% in Memphis, TN

Ground Beef (lb)

$6.90

$6.45

+6% in Bridgeport, CT

Chicken (lb)

$2.19

$1.90

+13% in Bridgeport, CT

Bananas (lb)

$0.69

$0.62

+11% in Bridgeport, CT

Average prices — Northeast vs South (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (CT / TN)

6.35%

+0.7 pp in TN

Income Tax (top rate)

6.99%

None

+7.0 pp in CT

Bridgeport vs Memphis — FAQ

Is it cheaper to live in Bridgeport or Memphis?: Memphis, TN is cheaper. Its monthly baseline of $1,110 (1BR rent + utilities) runs about 24% below Bridgeport, CT's $1,460, mainly because of rent.
How much more do you need to earn to live in Bridgeport than in Memphis?: To keep rent near the recommended 30% of gross income, you'd want to earn roughly $47,000 a year in Bridgeport versus $38,000 in Memphis.
Which has lower taxes, Bridgeport or Memphis?: Bridgeport is taxed under Connecticut's rules (a top state income tax rate of 6.99% and a 6.35% state sales tax); Memphis under Tennessee's (no state income tax and a 7% state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).