salaryMemphis is 3% 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
$1,379
$1,399
🛏️ 2-bedroom rent
$1,208
$1,194
💵 Families earn per year
$57,062
$55,797
🔑 Buying a house
$230,900
$169,000
📊 Overall prices (U.S. = 100)
95.4
92.2
🏛️ Property tax per year
$3,169
$1,845
⚡ Electric bill per month
$147
$223
👥 People living there
311,224
618,980
Commute to work
22.4 min
21.1 min
College degree
41.8%
28%
Own their home
39.8%
44.9%
Below poverty line
25.5%
23.1%
Unemployment
6.8%
8.3%
Bottom line
- Pick Cincinnati for lower rent, higher incomes, a more educated workforce and 1 more.
- Pick Memphis for cheaper 2-bedroom apartments, cheaper homes, shorter commutes and 1 more.
Pay for the same job
| Job | Cincinnati | Memphis | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $36,530 | $24,550 | -33% in Memphis |
| Dental Hygienist | $102,940 | $78,580 | -24% in Memphis |
| Carpenter | $60,110 | $50,620 | -16% in Memphis |
| Medical Assistant | $44,340 | $39,260 | -11% in Memphis |
| Plumber | $65,160 | $58,690 | -10% in Memphis |
| HVAC Technician | $62,240 | $56,780 | -9% in Memphis |
| Licensed Practical Nurse | $64,180 | $59,140 | -8% in Memphis |
| Firefighter | $58,570 | $62,910 | +7% in Memphis |
Frequently asked questions
Is Cincinnati or Memphis cheaper to live in?
Memphis is about 3% cheaper overall. Rent is $1,399 a month there versus $1,379 in Cincinnati.
What salary do I need in Memphis to match $60,000 in Cincinnati?
About $57,992 a year gives the same standard of living in Memphis.
Where do people earn more, Cincinnati or Memphis?
The typical household earns $57,062 in Cincinnati and $55,797 in Memphis, 2% more in Cincinnati.