salaryAbout the sameBased 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
$1,328
$1,399
🛏️ 2-bedroom rent
$1,219
$1,194
💵 Families earn per year
$77,509
$55,797
🔑 Buying a house
$264,000
$169,000
📊 Overall prices (U.S. = 100)
91.6
92.2
🏛️ Property tax per year
$4,023
$1,845
⚡ Electric bill per month
$104
$223
👥 People living there
294,856
618,980
Commute to work
18.4 min
21.1 min
College degree
41.8%
28%
Own their home
56.1%
44.9%
Below poverty line
12.7%
23.1%
Unemployment
3.3%
8.3%
Bottom line
- Pick Lincoln for lower rent, higher incomes, shorter commutes and 3 more.
- Pick Memphis for cheaper 2-bedroom apartments, cheaper homes.
Pay for the same job
| Job | Lincoln | Memphis | Difference |
|---|---|---|---|
| Lawyer | $101,300 | $134,440 | +33% in Memphis |
| Server (Waiter/Waitress) | $36,080 | $24,550 | -32% in Memphis |
| Software Developer | $101,690 | $125,580 | +23% in Memphis |
| Truck Driver | $81,790 | $63,070 | -23% in Memphis |
| Market Research Analyst | $58,750 | $71,600 | +22% in Memphis |
| Police Officer | $93,680 | $75,410 | -20% in Memphis |
| Accountant | $65,170 | $76,960 | +18% in Memphis |
| Dental Hygienist | $95,100 | $78,580 | -17% in Memphis |
Frequently asked questions
Is Lincoln or Memphis cheaper to live in?
Lincoln and Memphis cost about the same once rent and everyday costs are combined.
What salary do I need in Memphis to match $60,000 in Lincoln?
About $60,392 a year gives the same standard of living in Memphis.
Where do people earn more, Lincoln or Memphis?
The typical household earns $77,509 in Lincoln and $55,797 in Memphis, 39% more in Lincoln.