Memphis is 20% 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
$3,180
$1,399
🛏️ 2-bedroom rent
$3,128
$1,194
💵 Families earn per year
$195,754
$55,797
🔑 Buying a house
$1,403,800
$169,000
📊 Overall prices (U.S. = 100)
115.6
92.2
🏛️ Property tax per year
$9,190
$1,845
⚡ Electric bill per month
$152
$223
👥 People living there
228,295
618,980
Commute to work
30.3 min
21.1 min
College degree
63.9%
28%
Own their home
60.8%
44.9%
Below poverty line
5.2%
23.1%
Unemployment
4.7%
8.3%
Bottom line
- Pick Fremont 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 | Fremont | Memphis | Difference |
|---|---|---|---|
| Registered Nurse | $186,610 | $81,500 | -56% in Memphis |
| Dental Hygienist | $146,760 | $78,580 | -46% in Memphis |
| Firefighter | $113,700 | $62,910 | -45% in Memphis |
| Carpenter | $89,200 | $50,620 | -43% in Memphis |
| Nurse Practitioner | $219,080 | $124,600 | -43% in Memphis |
| Police Officer | $132,000 | $75,410 | -43% in Memphis |
| Market Research Analyst | $123,250 | $71,600 | -42% in Memphis |
| Elementary School Teacher | $101,860 | $61,510 | -40% in Memphis |
Frequently asked questions
Is Fremont or Memphis cheaper to live in?
Memphis is about 20% cheaper overall. Rent is $1,399 a month there versus $3,180 in Fremont.
What salary do I need in Memphis to match $60,000 in Fremont?
About $47,838 a year gives the same standard of living in Memphis.
Where do people earn more, Fremont or Memphis?
The typical household earns $195,754 in Fremont and $55,797 in Memphis, 251% more in Fremont.