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
$1,277
$1,399
🛏️ 2-bedroom rent
$1,056
$1,194
💵 Families earn per year
$44,004
$55,797
🔑 Buying a house
$102,000
$169,000
📊 Overall prices (U.S. = 100)
93.9
92.2
🏛️ Property tax per year
$1,759
$1,845
⚡ Electric bill per month
$94
$223
👥 People living there
366,097
618,980
Commute to work
22.5 min
21.1 min
College degree
22.4%
28%
Own their home
41.7%
44.9%
Below poverty line
30.6%
23.1%
Unemployment
10.8%
8.3%
Bottom line
- Pick Cleveland for lower rent, cheaper 2-bedroom apartments, cheaper homes.
- Pick Memphis for higher incomes, shorter commutes, a more educated workforce and 2 more.
Pay for the same job
| Job | Cleveland | Memphis | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $36,260 | $24,550 | -32% in Memphis |
| Elementary School Teacher | $76,470 | $61,510 | -20% in Memphis |
| Carpenter | $60,650 | $50,620 | -17% in Memphis |
| Electrician | $70,860 | $60,890 | -14% in Memphis |
| Software Developer | $111,310 | $125,580 | +13% in Memphis |
| Dental Hygienist | $88,990 | $78,580 | -12% in Memphis |
| Medical Assistant | $43,830 | $39,260 | -10% in Memphis |
| Physician Assistant | $135,860 | $121,900 | -10% in Memphis |
Frequently asked questions
Is Cleveland or Memphis cheaper to live in?
Cleveland 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 Cleveland?
About $58,886 a year gives the same standard of living in Memphis.
Where do people earn more, Cleveland or Memphis?
The typical household earns $44,004 in Cleveland and $55,797 in Memphis, 21% more in Memphis.