About 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
$1,496
$1,399
🛏️ 2-bedroom rent
$1,210
$1,194
💵 Families earn per year
$66,344
$55,797
🔑 Buying a house
$244,800
$169,000
📊 Overall prices (U.S. = 100)
92.9
92.2
🏛️ Property tax per year
$2,286
$1,845
⚡ Electric bill per month
$129
$223
👥 People living there
301,198
618,980
Commute to work
21.7 min
21.1 min
College degree
41%
28%
Own their home
50.5%
44.9%
Below poverty line
17%
23.1%
Unemployment
5.1%
8.3%
Bottom line
- Pick Greensboro 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 | Greensboro | Memphis | Difference |
|---|---|---|---|
| Firefighter | $46,600 | $62,910 | +35% in Memphis |
| Police Officer | $60,830 | $75,410 | +24% in Memphis |
| Server (Waiter/Waitress) | $30,060 | $24,550 | -18% in Memphis |
| Medical Assistant | $46,090 | $39,260 | -15% in Memphis |
| Truck Driver | $58,480 | $63,070 | +8% in Memphis |
| Licensed Practical Nurse | $63,610 | $59,140 | -7% in Memphis |
| Customer Service Representative | $41,240 | $44,090 | +7% in Memphis |
| Dental Hygienist | $84,250 | $78,580 | -7% in Memphis |
Frequently asked questions
Is Greensboro or Memphis cheaper to live in?
Greensboro 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 Greensboro?
About $59,557 a year gives the same standard of living in Memphis.
Where do people earn more, Greensboro or Memphis?
The typical household earns $66,344 in Greensboro and $55,797 in Memphis, 19% more in Greensboro.