salaryMemphis is 5% 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
$1,813
$1,399
🛏️ 2-bedroom rent
$1,752
$1,194
💵 Families earn per year
$82,311
$55,797
🔑 Buying a house
$270,800
$169,000
📊 Overall prices (U.S. = 100)
97.1
92.2
🏛️ Property tax per year
$4,263
$1,845
⚡ Electric bill per month
$194
$223
👥 People living there
246,844
618,980
Commute to work
29.7 min
21.1 min
College degree
25.4%
28%
Own their home
61.6%
44.9%
Below poverty line
13%
23.1%
Unemployment
4.8%
8.3%
Bottom line
- Pick Garland for higher incomes, less poverty, lower unemployment.
- Pick Memphis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
Frequently asked questions
Is Garland or Memphis cheaper to live in?
Memphis is about 5% cheaper overall. Rent is $1,399 a month there versus $1,813 in Garland.
What salary do I need in Memphis to match $60,000 in Garland?
About $56,984 a year gives the same standard of living in Memphis.
Where do people earn more, Garland or Memphis?
The typical household earns $82,311 in Garland and $55,797 in Memphis, 48% more in Garland.