About the sameBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Memphis to live the same way.
🏠 Rent per month
$1,219
$1,399
🛏️ 2-bedroom rent
$1,128
$1,194
💵 Families earn per year
$71,086
$55,797
🔑 Buying a house
$196,900
$169,000
📊 Overall prices (U.S. = 100)
91.8
92.2
🏛️ Property tax per year
$3,000
$1,845
⚡ Electric bill per month
$145
$223
👥 People living there
201,885
618,980
Commute to work
19.6 min
21.1 min
College degree
26.6%
28%
Own their home
59.7%
44.9%
Below poverty line
15.8%
23.1%
Unemployment
3.4%
8.3%
Bottom line
- Pick Amarillo for lower rent, cheaper 2-bedroom apartments, higher incomes and 3 more.
- Pick Memphis for cheaper homes, a more educated workforce.
Pay for the same job
| Job | Amarillo | Memphis | Difference |
|---|---|---|---|
| Firefighter | $48,420 | $62,910 | +30% in Memphis |
| Civil Engineer | $75,910 | $96,100 | +27% in Memphis |
| Operations Manager | $85,770 | $102,510 | +20% in Memphis |
| Restaurant Cook | $30,560 | $36,340 | +19% in Memphis |
| Market Research Analyst | $61,380 | $71,600 | +17% in Memphis |
| Truck Driver | $54,290 | $63,070 | +16% in Memphis |
| HVAC Technician | $49,840 | $56,780 | +14% in Memphis |
| Customer Service Representative | $38,990 | $44,090 | +13% in Memphis |
Frequently asked questions
Is Amarillo or Memphis cheaper to live in?
Amarillo and Memphis cost about the same once rent and everyday costs are combined.
What salary do I need in Memphis to match $60,000 in Amarillo?
About $60,235 a year gives the same standard of living in Memphis.
Where do people earn more, Amarillo or Memphis?
The typical household earns $71,086 in Amarillo and $55,797 in Memphis, 27% more in Amarillo.