salaryMemphis is 8% 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
$1,806
$1,399
🛏️ 2-bedroom rent
$1,614
$1,194
💵 Families earn per year
$79,676
$55,797
🔑 Buying a house
$427,900
$169,000
📊 Overall prices (U.S. = 100)
100.2
92.2
🏛️ Property tax per year
$2,065
$1,845
⚡ Electric bill per month
$159
$223
👥 People living there
660,400
618,980
Commute to work
25.7 min
21.1 min
College degree
27.7%
28%
Own their home
56.6%
44.9%
Below poverty line
14%
23.1%
Unemployment
7.4%
8.3%
Bottom line
- Pick Las Vegas for higher incomes, less poverty, lower unemployment.
- Pick Memphis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
Pay for the same job
| Job | Las Vegas | Memphis | Difference |
|---|---|---|---|
| Dental Hygienist | $109,210 | $78,580 | -28% in Memphis |
| Licensed Practical Nurse | $75,920 | $59,140 | -22% in Memphis |
| Registered Nurse | $103,940 | $81,500 | -22% in Memphis |
| Carpenter | $62,380 | $50,620 | -19% in Memphis |
| Nursing Assistant | $45,350 | $38,010 | -16% in Memphis |
| Electrician | $70,890 | $60,890 | -14% in Memphis |
| Nurse Practitioner | $144,060 | $124,600 | -14% in Memphis |
| Customer Service Representative | $39,560 | $44,090 | +11% in Memphis |
Frequently asked questions
Is Las Vegas or Memphis cheaper to live in?
Memphis is about 8% cheaper overall. Rent is $1,399 a month there versus $1,806 in Las Vegas.
What salary do I need in Memphis to match $60,000 in Las Vegas?
About $55,189 a year gives the same standard of living in Memphis.
Where do people earn more, Las Vegas or Memphis?
The typical household earns $79,676 in Las Vegas and $55,797 in Memphis, 43% more in Las Vegas.