salaryMemphis is 4% 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
$1,397
$1,399
🛏️ 2-bedroom rent
$1,121
$1,194
💵 Families earn per year
$53,969
$55,797
🔑 Buying a house
$164,200
$169,000
📊 Overall prices (U.S. = 100)
95.8
92.2
🏛️ Property tax per year
$1,622
$1,845
⚡ Electric bill per month
$99
$223
👥 People living there
276,854
618,980
Commute to work
19.9 min
21.1 min
College degree
31.2%
28%
Own their home
43%
44.9%
Below poverty line
26%
23.1%
Unemployment
7.3%
8.3%
Bottom line
- Pick Buffalo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
- Pick Memphis for higher incomes, less poverty.
Pay for the same job
| Job | Buffalo | Memphis | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $46,580 | $24,550 | -47% in Memphis |
| Electrician | $77,930 | $60,890 | -22% in Memphis |
| Carpenter | $63,500 | $50,620 | -20% in Memphis |
| Elementary School Teacher | $76,490 | $61,510 | -20% in Memphis |
| Plumber | $72,230 | $58,690 | -19% in Memphis |
| Registered Nurse | $99,060 | $81,500 | -18% in Memphis |
| Firefighter | $74,470 | $62,910 | -16% in Memphis |
| Cashier | $33,850 | $29,160 | -14% in Memphis |
Frequently asked questions
Is Buffalo or Memphis cheaper to live in?
Memphis is about 4% cheaper overall. Rent is $1,399 a month there versus $1,397 in Buffalo.
What salary do I need in Memphis to match $60,000 in Buffalo?
About $57,706 a year gives the same standard of living in Memphis.
Where do people earn more, Buffalo or Memphis?
The typical household earns $53,969 in Buffalo and $55,797 in Memphis, 3% more in Memphis.