salaryMemphis is 10% 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
$1,789
$1,399
🛏️ 2-bedroom rent
$1,484
$1,194
💵 Families earn per year
$76,564
$55,797
🔑 Buying a house
$374,800
$169,000
📊 Overall prices (U.S. = 100)
102.2
92.2
🏛️ Property tax per year
$2,723
$1,845
⚡ Electric bill per month
$202
$223
👥 People living there
545,970
618,980
Commute to work
22.4 min
21.1 min
College degree
25.5%
28%
Own their home
50.1%
44.9%
Below poverty line
20.1%
23.1%
Unemployment
8.9%
8.3%
Bottom line
- Pick Fresno for higher incomes, less poverty.
- Pick Memphis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
Pay for the same job
| Job | Fresno | Memphis | Difference |
|---|---|---|---|
| Registered Nurse | $125,420 | $81,500 | -35% in Memphis |
| Server (Waiter/Waitress) | $34,320 | $24,550 | -28% in Memphis |
| Nurse Practitioner | $166,570 | $124,600 | -25% in Memphis |
| Police Officer | $100,770 | $75,410 | -25% in Memphis |
| Dental Hygienist | $101,730 | $78,580 | -23% in Memphis |
| Elementary School Teacher | $78,800 | $61,510 | -22% in Memphis |
| Licensed Practical Nurse | $75,580 | $59,140 | -22% in Memphis |
| Physician Assistant | $155,440 | $121,900 | -22% in Memphis |
Frequently asked questions
Is Fresno or Memphis cheaper to live in?
Memphis is about 10% cheaper overall. Rent is $1,399 a month there versus $1,789 in Fresno.
What salary do I need in Memphis to match $60,000 in Fresno?
About $54,139 a year gives the same standard of living in Memphis.
Where do people earn more, Fresno or Memphis?
The typical household earns $76,564 in Fresno and $55,797 in Memphis, 37% more in Fresno.