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
$1,530
$1,399
🛏️ 2-bedroom rent
$1,235
$1,194
💵 Families earn per year
$62,992
$55,797
🔑 Buying a house
$188,000
$169,000
📊 Overall prices (U.S. = 100)
92.0
92.2
🏛️ Property tax per year
$1,915
$1,845
⚡ Electric bill per month
$190
$223
👥 People living there
210,815
618,980
Commute to work
19.1 min
21.1 min
College degree
29%
28%
Own their home
47.4%
44.9%
Below poverty line
17.7%
23.1%
Unemployment
7.9%
8.3%
Bottom line
- Pick Fayetteville for higher incomes, shorter commutes, a more educated workforce and 2 more.
- Pick Memphis for lower rent, cheaper 2-bedroom apartments, cheaper homes.
Pay for the same job
| Job | Fayetteville | Memphis | Difference |
|---|---|---|---|
| Firefighter | $36,820 | $62,910 | +71% in Memphis |
| Police Officer | $48,160 | $75,410 | +57% in Memphis |
| Truck Driver | $49,980 | $63,070 | +26% in Memphis |
| Customer Service Representative | $35,130 | $44,090 | +26% in Memphis |
| Lawyer | $107,950 | $134,440 | +25% in Memphis |
| Market Research Analyst | $57,730 | $71,600 | +24% in Memphis |
| Server (Waiter/Waitress) | $29,520 | $24,550 | -17% in Memphis |
| Dental Hygienist | $93,330 | $78,580 | -16% in Memphis |
Frequently asked questions
Is Fayetteville or Memphis cheaper to live in?
Fayetteville 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 Fayetteville?
About $60,131 a year gives the same standard of living in Memphis.
Where do people earn more, Fayetteville or Memphis?
The typical household earns $62,992 in Fayetteville and $55,797 in Memphis, 13% more in Fayetteville.