salaryMemphis is 11% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Philadelphia to live the same way.
🏠 Rent per month
$1,399
$1,814
🛏️ 2-bedroom rent
$1,194
$1,623
💵 Families earn per year
$55,797
$66,816
🔑 Buying a house
$169,000
$243,100
📊 Overall prices (U.S. = 100)
92.2
102.6
🏛️ Property tax per year
$1,845
$2,003
⚡ Electric bill per month
$223
$112
👥 People living there
618,980
1,579,706
Commute to work
21.1 min
31.7 min
College degree
28%
35.4%
Own their home
44.9%
51.8%
Below poverty line
23.1%
21.4%
Unemployment
8.3%
8.1%
Bottom line
- Pick Memphis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Philadelphia for higher incomes, a more educated workforce, less poverty and 1 more.
Pay for the same job
| Job | Memphis | Philadelphia | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $24,550 | $36,570 | +49% in Philadelphia |
| Dental Hygienist | $78,580 | $100,820 | +28% in Philadelphia |
| Elementary School Teacher | $61,510 | $78,570 | +28% in Philadelphia |
| Plumber | $58,690 | $74,860 | +28% in Philadelphia |
| Lawyer | $134,440 | $170,660 | +27% in Philadelphia |
| Registered Nurse | $81,500 | $101,180 | +24% in Philadelphia |
| Firefighter | $62,910 | $78,050 | +24% in Philadelphia |
| Electrician | $60,890 | $74,590 | +22% in Philadelphia |
Frequently asked questions
Is Memphis or Philadelphia cheaper to live in?
Memphis is about 11% cheaper overall. Rent is $1,399 a month there versus $1,814 in Philadelphia.
What salary do I need in Philadelphia to match $60,000 in Memphis?
About $66,753 a year gives the same standard of living in Philadelphia.
Where do people earn more, Memphis or Philadelphia?
The typical household earns $55,797 in Memphis and $66,816 in Philadelphia, 16% more in Philadelphia.