salaryMemphis is 9% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Paradise to live the same way.
🏠 Rent per month
$1,399
$1,532
🛏️ 2-bedroom rent
$1,194
$1,510
💵 Families earn per year
$55,797
$63,836
🔑 Buying a house
$169,000
$384,200
📊 Overall prices (U.S. = 100)
92.2
100.2
🏛️ Property tax per year
$1,845
$1,553
⚡ Electric bill per month
$223
$142
👥 People living there
618,980
185,913
Commute to work
21.1 min
23.2 min
College degree
28%
24.1%
Own their home
44.9%
41.9%
Below poverty line
23.1%
17.6%
Unemployment
8.3%
9.8%
Bottom line
- Pick Memphis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
- Pick Paradise for higher incomes, less poverty.
Pay for the same job
| Job | Memphis | Paradise | Difference |
|---|---|---|---|
| Dental Hygienist | $78,580 | $109,210 | +39% in Paradise |
| Licensed Practical Nurse | $59,140 | $75,920 | +28% in Paradise |
| Registered Nurse | $81,500 | $103,940 | +28% in Paradise |
| Carpenter | $50,620 | $62,380 | +23% in Paradise |
| Nursing Assistant | $38,010 | $45,350 | +19% in Paradise |
| Electrician | $60,890 | $70,890 | +16% in Paradise |
| Nurse Practitioner | $124,600 | $144,060 | +16% in Paradise |
| Medical Assistant | $39,260 | $44,220 | +13% in Paradise |
Frequently asked questions
Is Memphis or Paradise cheaper to live in?
Memphis is about 9% cheaper overall. Rent is $1,399 a month there versus $1,532 in Paradise.
What salary do I need in Paradise to match $60,000 in Memphis?
About $65,231 a year gives the same standard of living in Paradise.
Where do people earn more, Memphis or Paradise?
The typical household earns $55,797 in Memphis and $63,836 in Paradise, 13% more in Paradise.