About 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
$1,301
$1,399
🛏️ 2-bedroom rent
$1,195
$1,194
💵 Families earn per year
$65,675
$55,797
🔑 Buying a house
$212,400
$169,000
📊 Overall prices (U.S. = 100)
91.3
92.2
🏛️ Property tax per year
$3,333
$1,845
⚡ Electric bill per month
$184
$223
👥 People living there
264,814
618,980
Commute to work
16.3 min
21.1 min
College degree
35.1%
28%
Own their home
51.2%
44.9%
Below poverty line
18.9%
23.1%
Unemployment
5.2%
8.3%
Bottom line
- Pick Lubbock 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 | Lubbock | Memphis | Difference |
|---|---|---|---|
| Market Research Analyst | $52,820 | $71,600 | +36% in Memphis |
| Electrician | $47,000 | $60,890 | +30% in Memphis |
| Truck Driver | $49,080 | $63,070 | +29% in Memphis |
| Operations Manager | $80,870 | $102,510 | +27% in Memphis |
| Customer Service Representative | $35,940 | $44,090 | +23% in Memphis |
| Restaurant Cook | $30,250 | $36,340 | +20% in Memphis |
| Plumber | $48,950 | $58,690 | +20% in Memphis |
| Firefighter | $77,290 | $62,910 | -19% in Memphis |
Frequently asked questions
Is Lubbock or Memphis cheaper to live in?
Lubbock 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 Lubbock?
About $60,566 a year gives the same standard of living in Memphis.
Where do people earn more, Lubbock or Memphis?
The typical household earns $65,675 in Lubbock and $55,797 in Memphis, 18% more in Lubbock.