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
$1,719
$1,399
🛏️ 2-bedroom rent
$1,567
$1,194
💵 Families earn per year
$75,357
$55,797
🔑 Buying a house
$293,700
$169,000
📊 Overall prices (U.S. = 100)
99.5
92.2
🏛️ Property tax per year
$2,176
$1,845
⚡ Electric bill per month
$189
$223
👥 People living there
977,670
618,980
Commute to work
24.1 min
21.1 min
College degree
33.2%
28%
Own their home
57.6%
44.9%
Below poverty line
14.5%
23.1%
Unemployment
4.6%
8.3%
Bottom line
- Pick Jacksonville 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 | Jacksonville | Memphis | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $36,630 | $24,550 | -33% in Memphis |
| Dental Hygienist | $94,960 | $78,580 | -17% in Memphis |
| Truck Driver | $55,630 | $63,070 | +13% in Memphis |
| Physician Assistant | $132,350 | $121,900 | -8% in Memphis |
| Medical Assistant | $42,600 | $39,260 | -8% in Memphis |
| Nurse Practitioner | $133,810 | $124,600 | -7% in Memphis |
| Firefighter | $58,940 | $62,910 | +7% in Memphis |
| Market Research Analyst | $76,740 | $71,600 | -7% in Memphis |
Frequently asked questions
Is Jacksonville or Memphis cheaper to live in?
Memphis is about 7% cheaper overall. Rent is $1,399 a month there versus $1,719 in Jacksonville.
What salary do I need in Memphis to match $60,000 in Jacksonville?
About $55,594 a year gives the same standard of living in Memphis.
Where do people earn more, Jacksonville or Memphis?
The typical household earns $75,357 in Jacksonville and $55,797 in Memphis, 35% more in Jacksonville.