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Memphis vs Salt Lake City: which is cheaper?

Memphis is 9% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $65,656 in Salt Lake City to live the same way.

🏠 Rent per month
$1,399
$1,608
🛏️ 2-bedroom rent
$1,194
$1,657
💵 Families earn per year
$55,797
$80,985
🔑 Buying a house
$169,000
$539,500
📊 Overall prices (U.S. = 100)
92.2
100.9
🏛️ Property tax per year
$1,845
$2,729
⚡ Electric bill per month
$223
$77
👥 People living there
618,980
208,007
Commute to work
21.1 min
19.5 min
College degree
28%
51.5%
Own their home
44.9%
45.8%
Below poverty line
23.1%
13.6%
Unemployment
8.3%
4.2%

Bottom line

Pay for the same job

JobMemphisSalt Lake CityDifference
Server (Waiter/Waitress)$24,550$32,320+32% in Salt Lake City
Elementary School Teacher$61,510$77,920+27% in Salt Lake City
Dental Hygienist$78,580$94,330+20% in Salt Lake City
Carpenter$50,620$59,870+18% in Salt Lake City
Medical Assistant$39,260$46,080+17% in Salt Lake City
Cashier$29,160$33,390+15% in Salt Lake City
Licensed Practical Nurse$59,140$66,970+13% in Salt Lake City
Warehouse Worker$39,510$44,190+12% in Salt Lake City

Frequently asked questions

Is Memphis or Salt Lake City cheaper to live in?

Memphis is about 9% cheaper overall. Rent is $1,399 a month there versus $1,608 in Salt Lake City.

What salary do I need in Salt Lake City to match $60,000 in Memphis?

About $65,656 a year gives the same standard of living in Salt Lake City.

Where do people earn more, Memphis or Salt Lake City?

The typical household earns $55,797 in Memphis and $80,985 in Salt Lake City, 31% more in Salt Lake City.

More comparisons

All Memphis comparisons → · All Salt Lake City comparisons →

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