salaryMemphis is 20% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Moreno Valley to live the same way.
🏠 Rent per month
$1,399
$2,591
🛏️ 2-bedroom rent
$1,194
$2,138
💵 Families earn per year
$55,797
$100,540
🔑 Buying a house
$169,000
$503,700
📊 Overall prices (U.S. = 100)
92.2
110.7
🏛️ Property tax per year
$1,845
$3,349
⚡ Electric bill per month
$223
$168
👥 People living there
618,980
211,666
Commute to work
21.1 min
35.5 min
College degree
28%
17.8%
Own their home
44.9%
63.3%
Below poverty line
23.1%
11.7%
Unemployment
8.3%
7.1%
Bottom line
- Pick Memphis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Moreno Valley for higher incomes, less poverty, lower unemployment.
Frequently asked questions
Is Memphis or Moreno Valley cheaper to live in?
Memphis is about 20% cheaper overall. Rent is $1,399 a month there versus $2,591 in Moreno Valley.
What salary do I need in Moreno Valley to match $60,000 in Memphis?
About $72,068 a year gives the same standard of living in Moreno Valley.
Where do people earn more, Memphis or Moreno Valley?
The typical household earns $55,797 in Memphis and $100,540 in Moreno Valley, 45% more in Moreno Valley.