salaryMemphis is 18% 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
$2,946
$1,399
🛏️ 2-bedroom rent
$2,132
$1,194
💵 Families earn per year
$105,380
$55,797
🔑 Buying a house
$566,900
$169,000
📊 Overall prices (U.S. = 100)
112.6
92.2
🏛️ Property tax per year
$8,627
$1,845
⚡ Electric bill per month
$127
$223
👥 People living there
294,078
618,980
Commute to work
36.8 min
21.1 min
College degree
54.8%
28%
Own their home
27.9%
44.9%
Below poverty line
15.6%
23.1%
Unemployment
5.5%
8.3%
Bottom line
- Pick Jersey City 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 | Jersey City | Memphis | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $47,610 | $24,550 | -48% in Memphis |
| Firefighter | $106,420 | $62,910 | -41% in Memphis |
| Elementary School Teacher | $96,900 | $61,510 | -37% in Memphis |
| Lawyer | $208,880 | $134,440 | -36% in Memphis |
| Operations Manager | $157,000 | $102,510 | -35% in Memphis |
| Registered Nurse | $119,720 | $81,500 | -32% in Memphis |
| Carpenter | $74,300 | $50,620 | -32% in Memphis |
| Market Research Analyst | $100,520 | $71,600 | -29% in Memphis |
Frequently asked questions
Is Jersey City or Memphis cheaper to live in?
Memphis is about 18% cheaper overall. Rent is $1,399 a month there versus $2,946 in Jersey City.
What salary do I need in Memphis to match $60,000 in Jersey City?
About $49,135 a year gives the same standard of living in Memphis.
Where do people earn more, Jersey City or Memphis?
The typical household earns $105,380 in Jersey City and $55,797 in Memphis, 89% more in Jersey City.