salaryMemphis is 11% 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
$1,775
$1,399
🛏️ 2-bedroom rent
$1,560
$1,194
💵 Families earn per year
$85,748
$55,797
🔑 Buying a house
$303,000
$169,000
📊 Overall prices (U.S. = 100)
103.1
92.2
🏛️ Property tax per year
$5,191
$1,845
⚡ Electric bill per month
$186
$223
👥 People living there
963,194
618,980
Commute to work
27.1 min
21.1 min
College degree
32%
28%
Own their home
57%
44.9%
Below poverty line
13.1%
23.1%
Unemployment
4.8%
8.3%
Bottom line
- Pick Fort Worth 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 | Fort Worth | Memphis | Difference |
|---|---|---|---|
| Dental Hygienist | $101,870 | $78,580 | -23% in Memphis |
| Lawyer | $168,510 | $134,440 | -20% in Memphis |
| Registered Nurse | $101,420 | $81,500 | -20% in Memphis |
| Police Officer | $92,910 | $75,410 | -19% in Memphis |
| Computer Systems Analyst | $122,520 | $100,640 | -18% in Memphis |
| Physician Assistant | $134,900 | $121,900 | -10% in Memphis |
| Medical Assistant | $43,100 | $39,260 | -9% in Memphis |
| Licensed Practical Nurse | $64,370 | $59,140 | -8% in Memphis |
Frequently asked questions
Is Fort Worth or Memphis cheaper to live in?
Memphis is about 11% cheaper overall. Rent is $1,399 a month there versus $1,775 in Fort Worth.
What salary do I need in Memphis to match $60,000 in Fort Worth?
About $53,650 a year gives the same standard of living in Memphis.
Where do people earn more, Fort Worth or Memphis?
The typical household earns $85,748 in Fort Worth and $55,797 in Memphis, 54% more in Fort Worth.