salaryMemphis is 19% 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
$3,405
$1,399
🛏️ 2-bedroom rent
$3,344
$1,194
💵 Families earn per year
$147,451
$55,797
🔑 Buying a house
$1,191,500
$169,000
📊 Overall prices (U.S. = 100)
113.6
92.2
🏛️ Property tax per year
$9,543
$1,845
⚡ Electric bill per month
$113
$223
👥 People living there
311,690
618,980
Commute to work
24.7 min
21.1 min
College degree
70.6%
28%
Own their home
44.5%
44.9%
Below poverty line
10.8%
23.1%
Unemployment
5.9%
8.3%
Bottom line
- Pick Irvine 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 | Irvine | Memphis | Difference |
|---|---|---|---|
| Registered Nurse | $135,560 | $81,500 | -40% in Memphis |
| Elementary School Teacher | $101,860 | $61,510 | -40% in Memphis |
| Police Officer | $121,980 | $75,410 | -38% in Memphis |
| Dental Hygienist | $122,980 | $78,580 | -36% in Memphis |
| Firefighter | $98,050 | $62,910 | -36% in Memphis |
| Carpenter | $75,740 | $50,620 | -33% in Memphis |
| Server (Waiter/Waitress) | $35,850 | $24,550 | -32% in Memphis |
| Lawyer | $194,410 | $134,440 | -31% in Memphis |
Frequently asked questions
Is Irvine or Memphis cheaper to live in?
Memphis is about 19% cheaper overall. Rent is $1,399 a month there versus $3,405 in Irvine.
What salary do I need in Memphis to match $60,000 in Irvine?
About $48,701 a year gives the same standard of living in Memphis.
Where do people earn more, Irvine or Memphis?
The typical household earns $147,451 in Irvine and $55,797 in Memphis, 164% more in Irvine.