salaryMemphis is 13% 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
$2,065
$1,399
🛏️ 2-bedroom rent
$2,127
$1,194
💵 Families earn per year
$102,153
$55,797
🔑 Buying a house
$616,000
$169,000
📊 Overall prices (U.S. = 100)
105.8
92.2
🏛️ Property tax per year
$2,751
$1,845
⚡ Electric bill per month
$113
$223
👥 People living there
718,877
618,980
Commute to work
24.9 min
21.1 min
College degree
56.5%
28%
Own their home
48.8%
44.9%
Below poverty line
11.2%
23.1%
Unemployment
4.9%
8.3%
Bottom line
- Pick Denver 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 | Denver | Memphis | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $39,650 | $24,550 | -38% in Memphis |
| Dental Hygienist | $113,760 | $78,580 | -31% in Memphis |
| Firefighter | $87,980 | $62,910 | -28% in Memphis |
| Operations Manager | $142,330 | $102,510 | -28% in Memphis |
| Market Research Analyst | $99,040 | $71,600 | -28% in Memphis |
| Police Officer | $101,970 | $75,410 | -26% in Memphis |
| Lawyer | $177,380 | $134,440 | -24% in Memphis |
| Accountant | $100,020 | $76,960 | -23% in Memphis |
Frequently asked questions
Is Denver or Memphis cheaper to live in?
Memphis is about 13% cheaper overall. Rent is $1,399 a month there versus $2,065 in Denver.
What salary do I need in Memphis to match $60,000 in Denver?
About $52,284 a year gives the same standard of living in Memphis.
Where do people earn more, Denver or Memphis?
The typical household earns $102,153 in Denver and $55,797 in Memphis, 83% more in Denver.