salaryMemphis is 19% 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
$2,498
$1,399
🛏️ 2-bedroom rent
$2,339
$1,194
💵 Families earn per year
$88,371
$55,797
🔑 Buying a house
$921,200
$169,000
📊 Overall prices (U.S. = 100)
113.6
92.2
🏛️ Property tax per year
$6,050
$1,845
⚡ Electric bill per month
$151
$223
👥 People living there
3,857,263
618,980
Commute to work
30.7 min
21.1 min
College degree
38.5%
28%
Own their home
36%
44.9%
Below poverty line
16.5%
23.1%
Unemployment
8.2%
8.3%
Bottom line
- Pick Los Angeles 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 | Los Angeles | Memphis | Difference |
|---|---|---|---|
| Registered Nurse | $135,560 | $81,500 | -40% in Memphis |
| Elementary School Teacher | $101,860 | $61,510 | -40% in Memphis |
| Police Officer | $121,980 | $75,410 | -38% in Memphis |
| Dental Hygienist | $122,980 | $78,580 | -36% in Memphis |
| Firefighter | $98,050 | $62,910 | -36% in Memphis |
| Carpenter | $75,740 | $50,620 | -33% in Memphis |
| Server (Waiter/Waitress) | $35,850 | $24,550 | -32% in Memphis |
| Lawyer | $194,410 | $134,440 | -31% in Memphis |
Frequently asked questions
Is Los Angeles or Memphis cheaper to live in?
Memphis is about 19% cheaper overall. Rent is $1,399 a month there versus $2,498 in Los Angeles.
What salary do I need in Memphis to match $60,000 in Los Angeles?
About $48,701 a year gives the same standard of living in Memphis.
Where do people earn more, Los Angeles or Memphis?
The typical household earns $88,371 in Los Angeles and $55,797 in Memphis, 58% more in Los Angeles.