salaryEl Paso 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
$1,246
$1,399
🛏️ 2-bedroom rent
$1,088
$1,194
💵 Families earn per year
$64,435
$55,797
🔑 Buying a house
$184,500
$169,000
📊 Overall prices (U.S. = 100)
89.9
92.2
🏛️ Property tax per year
$3,760
$1,845
⚡ Electric bill per month
$113
$223
👥 People living there
680,130
618,980
Commute to work
23.4 min
21.1 min
College degree
28.1%
28%
Own their home
60.8%
44.9%
Below poverty line
18.4%
23.1%
Unemployment
6%
8.3%
Bottom line
- Pick El Paso for lower rent, cheaper 2-bedroom apartments, higher incomes and 3 more.
- Pick Memphis for cheaper homes, shorter commutes.
Pay for the same job
| Job | El Paso | Memphis | Difference |
|---|---|---|---|
| Market Research Analyst | $50,680 | $71,600 | +41% in Memphis |
| Operations Manager | $77,770 | $102,510 | +32% in Memphis |
| Truck Driver | $49,270 | $63,070 | +28% in Memphis |
| Electrician | $48,140 | $60,890 | +26% in Memphis |
| Restaurant Cook | $28,990 | $36,340 | +25% in Memphis |
| Firefighter | $50,300 | $62,910 | +25% in Memphis |
| Civil Engineer | $79,090 | $96,100 | +22% in Memphis |
| HVAC Technician | $47,270 | $56,780 | +20% in Memphis |
Frequently asked questions
Is El Paso or Memphis cheaper to live in?
El Paso is about 3% cheaper overall. Rent is $1,246 a month there versus $1,399 in Memphis.
What salary do I need in Memphis to match $60,000 in El Paso?
About $61,513 a year gives the same standard of living in Memphis.
Where do people earn more, El Paso or Memphis?
The typical household earns $64,435 in El Paso and $55,797 in Memphis, 15% more in El Paso.