salaryMemphis is 7% 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
$1,533
$1,399
🛏️ 2-bedroom rent
$1,499
$1,194
💵 Families earn per year
$69,901
$55,797
🔑 Buying a house
$277,800
$169,000
📊 Overall prices (U.S. = 100)
98.6
92.2
🏛️ Property tax per year
$4,198
$1,845
⚡ Electric bill per month
$157
$223
👥 People living there
2,328,253
618,980
Commute to work
27.2 min
21.1 min
College degree
36.6%
28%
Own their home
42.1%
44.9%
Below poverty line
19.9%
23.1%
Unemployment
6.9%
8.3%
Bottom line
- Pick Houston 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 | Houston | Memphis | Difference |
|---|---|---|---|
| Dental Hygienist | $104,930 | $78,580 | -25% in Memphis |
| Registered Nurse | $99,830 | $81,500 | -18% in Memphis |
| Lawyer | $157,980 | $134,440 | -15% in Memphis |
| Operations Manager | $119,600 | $102,510 | -14% in Memphis |
| Computer Systems Analyst | $113,440 | $100,640 | -11% in Memphis |
| Server (Waiter/Waitress) | $22,080 | $24,550 | +11% in Memphis |
| Physician Assistant | $137,240 | $121,900 | -11% in Memphis |
| Truck Driver | $56,840 | $63,070 | +11% in Memphis |
Frequently asked questions
Is Houston or Memphis cheaper to live in?
Memphis is about 7% cheaper overall. Rent is $1,399 a month there versus $1,533 in Houston.
What salary do I need in Memphis to match $60,000 in Houston?
About $56,076 a year gives the same standard of living in Memphis.
Where do people earn more, Houston or Memphis?
The typical household earns $69,901 in Houston and $55,797 in Memphis, 25% more in Houston.