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Cost & Benefits

Loretto vs Memphis

Simple answer

You'd likely save $444 a month in Loretto.

Typical rent is $1,181 in Memphis and $737 in Loretto. This is the Census typical rent, not a promise about your lease.

Loretto

Tennessee

Typical rent
$737
Typical pay
$55,592 a year
2-bedroom fair rent
$1,008
Price index
91.9 (state)

Memphis

Tennessee

Typical rent
$1,181
Typical pay
$51,736 a year
2-bedroom fair rent
$1,301
Price index
92.2 (metro)

Benefits after a move

Loretto and Memphis are in the same state, so the benefit rules do not change when you move between them.