salaryMemphis is 5% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Nashville to live the same way.
🏠 Rent per month
$1,399
$1,881
🛏️ 2-bedroom rent
$1,194
$1,652
💵 Families earn per year
$55,797
$83,445
🔑 Buying a house
$169,000
$413,600
📊 Overall prices (U.S. = 100)
92.2
96.3
🏛️ Property tax per year
$1,845
$2,472
⚡ Electric bill per month
$223
$144
👥 People living there
618,980
690,130
Commute to work
21.1 min
24.7 min
College degree
28%
48%
Own their home
44.9%
52.4%
Below poverty line
23.1%
14.1%
Unemployment
8.3%
4.5%
Bottom line
- Pick Memphis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Nashville for higher incomes, a more educated workforce, less poverty and 1 more.
Pay for the same job
| Job | Memphis | Nashville | Difference |
|---|---|---|---|
| Firefighter | $62,910 | $49,300 | -22% in Nashville |
| Server (Waiter/Waitress) | $24,550 | $29,390 | +20% in Nashville |
| Dental Hygienist | $78,580 | $94,030 | +20% in Nashville |
| Operations Manager | $102,510 | $119,990 | +17% in Nashville |
| Medical Assistant | $39,260 | $44,620 | +14% in Nashville |
| Carpenter | $50,620 | $55,770 | +10% in Nashville |
| Police Officer | $75,410 | $68,780 | -9% in Nashville |
| Market Research Analyst | $71,600 | $77,240 | +8% in Nashville |
Frequently asked questions
Is Memphis or Nashville cheaper to live in?
Memphis is about 5% cheaper overall. Rent is $1,399 a month there versus $1,881 in Nashville.
What salary do I need in Nashville to match $60,000 in Memphis?
About $62,707 a year gives the same standard of living in Nashville.
Where do people earn more, Memphis or Nashville?
The typical household earns $55,797 in Memphis and $83,445 in Nashville, 33% more in Nashville.