salaryMemphis is 10% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Providence to live the same way.
🏠 Rent per month
$1,399
$1,964
🛏️ 2-bedroom rent
$1,194
$1,603
💵 Families earn per year
$55,797
$73,466
🔑 Buying a house
$169,000
$362,200
📊 Overall prices (U.S. = 100)
92.2
101.8
🏛️ Property tax per year
$1,845
$4,418
⚡ Electric bill per month
$223
$126
👥 People living there
618,980
191,767
Commute to work
21.1 min
25 min
College degree
28%
34.6%
Own their home
44.9%
41.4%
Below poverty line
23.1%
20.7%
Unemployment
8.3%
8.2%
Bottom line
- Pick Memphis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Providence for higher incomes, a more educated workforce, less poverty and 1 more.
Pay for the same job
| Job | Memphis | Providence | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $24,550 | $35,750 | +46% in Providence |
| Elementary School Teacher | $61,510 | $86,720 | +41% in Providence |
| Plumber | $58,690 | $79,820 | +36% in Providence |
| Licensed Practical Nurse | $59,140 | $78,990 | +34% in Providence |
| Computer Systems Analyst | $100,640 | $128,580 | +28% in Providence |
| Accountant | $76,960 | $95,020 | +23% in Providence |
| Registered Nurse | $81,500 | $99,880 | +23% in Providence |
| Carpenter | $50,620 | $61,910 | +22% in Providence |
Frequently asked questions
Is Memphis or Providence cheaper to live in?
Memphis is about 10% cheaper overall. Rent is $1,399 a month there versus $1,964 in Providence.
What salary do I need in Providence to match $60,000 in Memphis?
About $66,245 a year gives the same standard of living in Providence.
Where do people earn more, Memphis or Providence?
The typical household earns $55,797 in Memphis and $73,466 in Providence, 24% more in Providence.