salaryMemphis is 15% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Riverside to live the same way.
🏠 Rent per month
$1,399
$2,420
🛏️ 2-bedroom rent
$1,194
$2,020
💵 Families earn per year
$55,797
$98,192
🔑 Buying a house
$169,000
$584,800
📊 Overall prices (U.S. = 100)
92.2
106.4
🏛️ Property tax per year
$1,845
$3,428
⚡ Electric bill per month
$223
$163
👥 People living there
618,980
319,069
Commute to work
21.1 min
31.3 min
College degree
28%
25.7%
Own their home
44.9%
56.8%
Below poverty line
23.1%
12.2%
Unemployment
8.3%
6.3%
Bottom line
- Pick Memphis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Riverside for higher incomes, less poverty, lower unemployment.
Pay for the same job
| Job | Memphis | Riverside | Difference |
|---|---|---|---|
| Registered Nurse | $81,500 | $133,940 | +64% in Riverside |
| Elementary School Teacher | $61,510 | $98,520 | +60% in Riverside |
| Server (Waiter/Waitress) | $24,550 | $34,800 | +42% in Riverside |
| Carpenter | $50,620 | $70,880 | +40% in Riverside |
| Nurse Practitioner | $124,600 | $169,920 | +36% in Riverside |
| Physician Assistant | $121,900 | $165,490 | +36% in Riverside |
| Police Officer | $75,410 | $101,870 | +35% in Riverside |
| Dental Hygienist | $78,580 | $105,730 | +35% in Riverside |
Frequently asked questions
Is Memphis or Riverside cheaper to live in?
Memphis is about 15% cheaper overall. Rent is $1,399 a month there versus $2,420 in Riverside.
What salary do I need in Riverside to match $60,000 in Memphis?
About $69,284 a year gives the same standard of living in Riverside.
Where do people earn more, Memphis or Riverside?
The typical household earns $55,797 in Memphis and $98,192 in Riverside, 43% more in Riverside.