salaryMemphis is 6% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Norfolk to live the same way.
🏠 Rent per month
$1,399
$1,628
🛏️ 2-bedroom rent
$1,194
$1,322
💵 Families earn per year
$55,797
$71,299
🔑 Buying a house
$169,000
$289,900
📊 Overall prices (U.S. = 100)
92.2
97.9
🏛️ Property tax per year
$1,845
$2,890
⚡ Electric bill per month
$223
$147
👥 People living there
618,980
233,596
Commute to work
21.1 min
23 min
College degree
28%
33.5%
Own their home
44.9%
46.3%
Below poverty line
23.1%
16.5%
Unemployment
8.3%
5.7%
Bottom line
- Pick Memphis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Norfolk for higher incomes, a more educated workforce, less poverty and 1 more.
Pay for the same job
| Job | Memphis | Norfolk | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $24,550 | $39,020 | +59% in Norfolk |
| Dental Hygienist | $78,580 | $98,890 | +26% in Norfolk |
| Police Officer | $75,410 | $59,690 | -21% in Norfolk |
| Truck Driver | $63,070 | $50,460 | -20% in Norfolk |
| Customer Service Representative | $44,090 | $38,150 | -13% in Norfolk |
| Medical Assistant | $39,260 | $43,620 | +11% in Norfolk |
| Registered Nurse | $81,500 | $89,450 | +10% in Norfolk |
| Firefighter | $62,910 | $56,940 | -9% in Norfolk |
Frequently asked questions
Is Memphis or Norfolk cheaper to live in?
Memphis is about 6% cheaper overall. Rent is $1,399 a month there versus $1,628 in Norfolk.
What salary do I need in Norfolk to match $60,000 in Memphis?
About $63,751 a year gives the same standard of living in Norfolk.
Where do people earn more, Memphis or Norfolk?
The typical household earns $55,797 in Memphis and $71,299 in Norfolk, 22% more in Norfolk.