Memphis is 20% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Santa Clarita to live the same way.
🏠 Rent per month
$1,399
$3,027
🛏️ 2-bedroom rent
$1,194
$2,662
💵 Families earn per year
$55,797
$132,722
🔑 Buying a house
$169,000
$784,700
📊 Overall prices (U.S. = 100)
92.2
110.7
🏛️ Property tax per year
$1,845
$6,890
⚡ Electric bill per month
$223
$166
👥 People living there
618,980
230,221
Commute to work
21.1 min
34.1 min
College degree
28%
39.8%
Own their home
44.9%
71.8%
Below poverty line
23.1%
7.4%
Unemployment
8.3%
5.6%
Bottom line
- Pick Memphis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Santa Clarita for higher incomes, a more educated workforce, less poverty and 1 more.
Frequently asked questions
Is Memphis or Santa Clarita cheaper to live in?
Memphis is about 20% cheaper overall. Rent is $1,399 a month there versus $3,027 in Santa Clarita.
What salary do I need in Santa Clarita to match $60,000 in Memphis?
About $72,068 a year gives the same standard of living in Santa Clarita.
Where do people earn more, Memphis or Santa Clarita?
The typical household earns $55,797 in Memphis and $132,722 in Santa Clarita, 58% more in Santa Clarita.