salaryAbout 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
$1,537
$1,399
🛏️ 2-bedroom rent
$1,305
$1,194
💵 Families earn per year
$69,588
$55,797
🔑 Buying a house
$283,200
$169,000
📊 Overall prices (U.S. = 100)
91.5
92.2
🏛️ Property tax per year
$2,265
$1,845
⚡ Electric bill per month
$139
$223
👥 People living there
185,783
618,980
Commute to work
18.5 min
21.1 min
College degree
36%
28%
Own their home
52.4%
44.9%
Below poverty line
19.1%
23.1%
Unemployment
5.4%
8.3%
Bottom line
- Pick Chattanooga for higher incomes, shorter commutes, a more educated workforce and 2 more.
- Pick Memphis for lower rent, cheaper 2-bedroom apartments, cheaper homes.
Pay for the same job
| Job | Chattanooga | Memphis | Difference |
|---|---|---|---|
| Police Officer | $51,330 | $75,410 | +47% in Memphis |
| Firefighter | $46,060 | $62,910 | +37% in Memphis |
| Software Developer | $106,750 | $125,580 | +18% in Memphis |
| Electrician | $72,330 | $60,890 | -16% in Memphis |
| HVAC Technician | $50,950 | $56,780 | +11% in Memphis |
| Truck Driver | $57,440 | $63,070 | +10% in Memphis |
| Lawyer | $147,640 | $134,440 | -9% in Memphis |
| Computer Systems Analyst | $93,350 | $100,640 | +8% in Memphis |
Frequently asked questions
Is Chattanooga or Memphis cheaper to live in?
Chattanooga 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 Chattanooga?
About $60,469 a year gives the same standard of living in Memphis.
Where do people earn more, Chattanooga or Memphis?
The typical household earns $69,588 in Chattanooga and $55,797 in Memphis, 25% more in Chattanooga.