Living Cost Compare
Charleston

West Virginia

$860/mo est.

vs
Memphis

Tennessee

$1,110/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $860 in Charleston, WV versus $1,110 in Memphis, TN. Overall, Charleston, WV is roughly 23% cheaper to live in day-to-day than Memphis, TN, driven mainly by rent.

Median household income is $64,512 in Charleston, WV and $51,211 in Memphis, TN — about 21% higher in Charleston, WV. West Virginia has a top state income tax rate of 4.82% and a 6% state sales tax; Tennessee has no state income tax and a 7% state sales tax.

Rent

Studio
$630
$877
+39% in Memphis, TN
1 Bedroom
$668
$948
+42% in Memphis, TN
2 Bedroom
$980
$1,073
+9% in Memphis, TN
3 Bedroom
$1,139
$1,281
+12% in Memphis, TN

Buying a Home

Median Home Value
$187,300
$157,100
+16% in Charleston, WV

Income

Median Household Income
$64,512
$51,211
+21% in Charleston, WV
Metro Median Wage (annual)
$45,830
$46,890
+2% in Memphis, TN

People & Lifestyle

Median Age
42.6 yr
34.3 yr
+8.3 yr in Charleston, WV
Homeownership
62.8%
46.0%
+16.8 pp in Charleston, WV
Bachelor's+ (25+)
44.1%
28.2%
+15.9 pp in Charleston, WV
Avg Commute
17.9 min
21.3 min
+3.4 min in Memphis, TN

Crime (per 100k/yr)

Violent Crime
542.7
2,507.6
+362% in Memphis, TN
Property Crime
3,148
6,966.3
+121% 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
55.7°F
63.1°F
+7.4°F in Memphis, TN
Annual Precipitation
44.0 in
53.7 in
+9.6 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)
16.8
14.5
+14% in Charleston, WV
Natural Gas ($/MCF)
$24.68
$16.83
+32% in Charleston, WV

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

Groceries

Milk (gal)
$4.00
$4.00
about equal
Bread (lb)
$1.75
$1.75
about equal
Eggs (doz)
$2.21
$2.21
about equal
Ground Beef (lb)
$6.45
$6.45
about equal
Chicken (lb)
$1.90
$1.90
about equal
Bananas (lb)
$0.62
$0.62
about equal

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

State Taxes

Sales Tax (WV / TN)
6%
7%
+1.0 pp in TN
Income Tax (top rate)
4.82%
None
+4.8 pp in WV

Charleston vs Memphis — FAQ

Is it cheaper to live in Charleston or Memphis?
Charleston, WV is cheaper. Its monthly baseline of $860 (1BR rent + utilities) runs about 23% below Memphis, TN's $1,110, mainly because of rent.
How much more do you need to earn to live in Charleston than in Memphis?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $27,000 a year in Charleston versus $38,000 in Memphis.
Which has lower taxes, Charleston or Memphis?
Charleston is taxed under West Virginia's rules (a top state income tax rate of 4.82% and a 6% 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).