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Data from U.S. Census Bureau · 2026 · Methodology
CitySpend

Chicago, IL vs Memphis, TN

Side-by-side fiscal comparison · U.S. Census Bureau data (2023)

Reviewed by CitySpend Editorial Team · Updated

Chicago, IL spends 56% more per resident than Memphis, TN: $34,551 against $22,111. That gap is large enough to show up across most functional budget categories below.

Memphis, TN edges Chicago, IL on the Fiscal Health Score by 4 points — 65/100 (grade B) to 61/100 (grade C). At a margin this narrow the grade is close enough that the factor-level detail matters more than the composite.

On debt, Memphis, TN carries the lighter load at $303 per resident versus $977 for Chicago, IL. Their budgets diverge on where the largest per-resident dollars go: Chicago, IL leads with fire protection at $10,754 per resident, while Memphis, TN leads with parks and recreation at $1,397.

On the revenue side both lean hardest on intergovernmental transfers — 100% of total revenue in Chicago, IL and 100% in Memphis, TN.

Summary

Chicago spends 56.3% more per capita than Memphis ($12,441/person difference). Memphis, TN has the stronger Fiscal Health Score (B, 65/100).

Fiscal Health Score

City A
Chicago, IL
Pop. 2,721,914
C
61/100
Budget Balance100
Debt Burden61
Pension Funding76
Spending Efficiency22
Revenue Diversity0
Trend Direction50
City B
Memphis, TN
Pop. 630,027
B
65/100
Budget Balance52
Debt Burden100
Pension Funding76
Spending Efficiency79
Revenue Diversity0
Trend Direction50

Key Metrics

Metric
Chicago
Memphis
Total Spending
$94.0B
$13.9B
Spending / Capita
$34,551
$22,111
Total Revenue
$231.6B
$21.5B
Revenue / Capita
$85,083
$34,065
Total Debt
$2.7B
$191.2M
Debt / Capita
$977
$303
Population
2,721,914
630,027
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0

Per Capita Spending by Department

Fire Protection
Chicago$10,754
Memphis$469
Highways & Roads
Chicago$930
Memphis$277
Parks & Recreation
Chicago$122
Memphis$1,397
Health
Chicago$426
Memphis$391

Revenue Breakdown (Per Capita)

ChicagoMemphis
Property Tax
$26
$10
Sales Tax
$74
$496
Income Tax
$229
$1,218
Intergovernmental
$85,083
$34,065
Charges & Fees
$2,847
$2,077
Other
$3,463
$3,994

Spending Breakdown (Per Capita)

ChicagoMemphis
Fire Protection
$10,754
$469
Highways & Roads
$930
$277
Public Welfare
$1,858
$630
Health
$426
$391
Hospitals
$1,444
$1,677
Parks & Recreation
$122
$1,397
Housing
$6,520
$4,683
Sewerage
$129
$0
Utilities
$2,983
$2,578
Interest on Debt
$0
$1,158
Other
$9,385
$8,850
C
Chicago, IL
Fiscal Health Score: 61/100
Average fiscal health
B
Memphis, TN
Fiscal Health Score: 65/100
Good fiscal health

Compare More Cities

Source: Census Annual Survey of State and Local Government Finances, 2026.