salaryLittle Rock is 3% 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
$1,277
$1,399
🛏️ 2-bedroom rent
$1,175
$1,194
💵 Families earn per year
$67,949
$55,797
🔑 Buying a house
$236,400
$169,000
📊 Overall prices (U.S. = 100)
89.4
92.2
🏛️ Property tax per year
$1,902
$1,845
⚡ Electric bill per month
$154
$223
👥 People living there
203,436
618,980
Commute to work
18.5 min
21.1 min
College degree
44.6%
28%
Own their home
53.5%
44.9%
Below poverty line
17.5%
23.1%
Unemployment
4.1%
8.3%
Bottom line
- Pick Little Rock for lower rent, cheaper 2-bedroom apartments, higher incomes and 4 more.
- Pick Memphis for cheaper homes.
Pay for the same job
| Job | Little Rock | Memphis | Difference |
|---|---|---|---|
| Police Officer | $54,840 | $75,410 | +38% in Memphis |
| Lawyer | $97,870 | $134,440 | +37% in Memphis |
| Operations Manager | $76,080 | $102,510 | +35% in Memphis |
| Firefighter | $48,110 | $62,910 | +31% in Memphis |
| Computer Systems Analyst | $78,560 | $100,640 | +28% in Memphis |
| Electrician | $48,200 | $60,890 | +26% in Memphis |
| Software Developer | $104,070 | $125,580 | +21% in Memphis |
| Plumber | $49,190 | $58,690 | +19% in Memphis |
Frequently asked questions
Is Little Rock or Memphis cheaper to live in?
Little Rock is about 3% cheaper overall. Rent is $1,277 a month there versus $1,399 in Memphis.
What salary do I need in Memphis to match $60,000 in Little Rock?
About $61,890 a year gives the same standard of living in Memphis.
Where do people earn more, Little Rock or Memphis?
The typical household earns $67,949 in Little Rock and $55,797 in Memphis, 22% more in Little Rock.