salaryMemphis is 3% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in St. Louis to live the same way.
🏠 Rent per month
$1,399
$1,297
🛏️ 2-bedroom rent
$1,194
$1,264
💵 Families earn per year
$55,797
$60,569
🔑 Buying a house
$169,000
$197,500
📊 Overall prices (U.S. = 100)
92.2
95.1
🏛️ Property tax per year
$1,845
$2,033
⚡ Electric bill per month
$223
$117
👥 People living there
618,980
288,512
Commute to work
21.1 min
22.1 min
College degree
28%
41.1%
Own their home
44.9%
45.3%
Below poverty line
23.1%
20.6%
Unemployment
8.3%
5%
Bottom line
- Pick Memphis for cheaper 2-bedroom apartments, cheaper homes, shorter commutes.
- Pick St. Louis for lower rent, higher incomes, a more educated workforce and 2 more.
Pay for the same job
| Job | Memphis | St. Louis | Difference |
|---|---|---|---|
| Carpenter | $50,620 | $70,990 | +40% in St. Louis |
| Plumber | $58,690 | $77,000 | +31% in St. Louis |
| Server (Waiter/Waitress) | $24,550 | $31,200 | +27% in St. Louis |
| Electrician | $60,890 | $77,170 | +27% in St. Louis |
| Dental Hygienist | $78,580 | $97,650 | +24% in St. Louis |
| Medical Assistant | $39,260 | $44,710 | +14% in St. Louis |
| Physician Assistant | $121,900 | $136,120 | +12% in St. Louis |
| Cashier | $29,160 | $32,380 | +11% in St. Louis |
Frequently asked questions
Is Memphis or St. Louis cheaper to live in?
Memphis is about 3% cheaper overall. Rent is $1,399 a month there versus $1,297 in St. Louis.
What salary do I need in St. Louis to match $60,000 in Memphis?
About $61,893 a year gives the same standard of living in St. Louis.
Where do people earn more, Memphis or St. Louis?
The typical household earns $55,797 in Memphis and $60,569 in St. Louis, 8% more in St. Louis.