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
$2,297
$1,399
🛏️ 2-bedroom rent
$1,877
$1,194
💵 Families earn per year
$59,958
$55,797
🔑 Buying a house
$392,000
$169,000
📊 Overall prices (U.S. = 100)
103.4
92.2
🏛️ Property tax per year
$2,228
$1,845
⚡ Electric bill per month
$169
$223
👥 People living there
226,165
618,980
Commute to work
29 min
21.1 min
College degree
22.1%
28%
Own their home
46.6%
44.9%
Below poverty line
17%
23.1%
Unemployment
4.1%
8.3%
Bottom line
- Pick Hialeah 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 Hialeah or Memphis cheaper to live in?
Memphis is about 11% cheaper overall. Rent is $1,399 a month there versus $2,297 in Hialeah.
What salary do I need in Memphis to match $60,000 in Hialeah?
About $53,482 a year gives the same standard of living in Memphis.
Where do people earn more, Hialeah or Memphis?
The typical household earns $59,958 in Hialeah and $55,797 in Memphis, 7% more in Hialeah.