salaryMemphis is 25% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Oakland to live the same way.
🏠 Rent per month
$1,399
$2,511
🛏️ 2-bedroom rent
$1,194
$2,352
💵 Families earn per year
$55,797
$109,576
🔑 Buying a house
$169,000
$929,900
📊 Overall prices (U.S. = 100)
92.2
115.6
🏛️ Property tax per year
$1,845
$8,575
⚡ Electric bill per month
$223
$127
👥 People living there
618,980
439,418
Commute to work
21.1 min
29.8 min
College degree
28%
48.7%
Own their home
44.9%
42.3%
Below poverty line
23.1%
13.4%
Unemployment
8.3%
6.4%
Bottom line
- Pick Memphis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Oakland for higher incomes, a more educated workforce, less poverty and 1 more.
Pay for the same job
| Job | Memphis | Oakland | Difference |
|---|---|---|---|
| Registered Nurse | $81,500 | $186,610 | +129% in Oakland |
| Dental Hygienist | $78,580 | $146,760 | +87% in Oakland |
| Firefighter | $62,910 | $113,700 | +81% in Oakland |
| Carpenter | $50,620 | $89,200 | +76% in Oakland |
| Nurse Practitioner | $124,600 | $219,080 | +76% in Oakland |
| Police Officer | $75,410 | $132,000 | +75% in Oakland |
| Market Research Analyst | $71,600 | $123,250 | +72% in Oakland |
| Elementary School Teacher | $61,510 | $101,860 | +66% in Oakland |
Frequently asked questions
Is Memphis or Oakland cheaper to live in?
Memphis is about 25% cheaper overall. Rent is $1,399 a month there versus $2,511 in Oakland.
What salary do I need in Oakland to match $60,000 in Memphis?
About $75,253 a year gives the same standard of living in Oakland.
Where do people earn more, Memphis or Oakland?
The typical household earns $55,797 in Memphis and $109,576 in Oakland, 49% more in Oakland.