salaryMemphis is 6% 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
$1,797
$1,399
🛏️ 2-bedroom rent
$1,604
$1,194
💵 Families earn per year
$88,026
$55,797
🔑 Buying a house
$392,800
$169,000
📊 Overall prices (U.S. = 100)
97.6
92.2
🏛️ Property tax per year
$3,263
$1,845
⚡ Electric bill per month
$117
$223
👥 People living there
291,467
618,980
Commute to work
22.3 min
21.1 min
College degree
57.3%
28%
Own their home
52.3%
44.9%
Below poverty line
11.7%
23.1%
Unemployment
3.8%
8.3%
Bottom line
- Pick Durham 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 | Durham | Memphis | Difference |
|---|---|---|---|
| Firefighter | $38,350 | $62,910 | +64% in Memphis |
| Server (Waiter/Waitress) | $35,230 | $24,550 | -30% in Memphis |
| Police Officer | $60,100 | $75,410 | +25% in Memphis |
| Market Research Analyst | $93,110 | $71,600 | -23% in Memphis |
| Dental Hygienist | $101,460 | $78,580 | -23% in Memphis |
| Elementary School Teacher | $51,400 | $61,510 | +20% in Memphis |
| Truck Driver | $53,280 | $63,070 | +18% in Memphis |
| Medical Assistant | $46,450 | $39,260 | -15% in Memphis |
Frequently asked questions
Is Durham or Memphis cheaper to live in?
Memphis is about 6% cheaper overall. Rent is $1,399 a month there versus $1,797 in Durham.
What salary do I need in Memphis to match $60,000 in Durham?
About $56,684 a year gives the same standard of living in Memphis.
Where do people earn more, Durham or Memphis?
The typical household earns $88,026 in Durham and $55,797 in Memphis, 58% more in Durham.