Memphis is 8% cheaperBased 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
$1,999
$1,399
🛏️ 2-bedroom rent
$1,921
$1,194
💵 Families earn per year
$92,376
$55,797
🔑 Buying a house
$439,600
$169,000
📊 Overall prices (U.S. = 100)
100.1
92.2
🏛️ Property tax per year
$4,231
$1,845
⚡ Electric bill per month
$128
$223
👥 People living there
505,268
618,980
Commute to work
26.5 min
21.1 min
College degree
59.2%
28%
Own their home
46.4%
44.9%
Below poverty line
16.9%
23.1%
Unemployment
5.9%
8.3%
Bottom line
- Pick Atlanta for higher incomes, a more educated workforce, less poverty and 1 more.
- Pick Memphis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
Pay for the same job
| Job | Atlanta | Memphis | Difference |
|---|---|---|---|
| Firefighter | $47,300 | $62,910 | +33% in Memphis |
| Server (Waiter/Waitress) | $18,460 | $24,550 | +33% in Memphis |
| Police Officer | $60,910 | $75,410 | +24% in Memphis |
| Dental Hygienist | $100,370 | $78,580 | -22% in Memphis |
| Elementary School Teacher | $76,570 | $61,510 | -20% in Memphis |
| Registered Nurse | $100,490 | $81,500 | -19% in Memphis |
| Computer Systems Analyst | $119,090 | $100,640 | -15% in Memphis |
| Medical Assistant | $46,060 | $39,260 | -15% in Memphis |
Frequently asked questions
Is Atlanta or Memphis cheaper to live in?
Memphis is about 8% cheaper overall. Rent is $1,399 a month there versus $1,999 in Atlanta.
What salary do I need in Memphis to match $60,000 in Atlanta?
About $55,275 a year gives the same standard of living in Memphis.
Where do people earn more, Atlanta or Memphis?
The typical household earns $92,376 in Atlanta and $55,797 in Memphis, 66% more in Atlanta.