salaryMemphis is 9% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Tampa to live the same way.
🏠 Rent per month
$1,399
$2,216
🛏️ 2-bedroom rent
$1,194
$1,886
💵 Families earn per year
$55,797
$81,400
🔑 Buying a house
$169,000
$420,400
📊 Overall prices (U.S. = 100)
92.2
100.9
🏛️ Property tax per year
$1,845
$3,264
⚡ Electric bill per month
$223
$162
👥 People living there
618,980
401,618
Commute to work
21.1 min
24.8 min
College degree
28%
45.7%
Own their home
44.9%
50.3%
Below poverty line
23.1%
15.5%
Unemployment
8.3%
4.9%
Bottom line
- Pick Memphis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Tampa for higher incomes, a more educated workforce, less poverty and 1 more.
Pay for the same job
| Job | Memphis | Tampa | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $24,550 | $37,070 | +51% in Tampa |
| Dental Hygienist | $78,580 | $95,870 | +22% in Tampa |
| Truck Driver | $63,070 | $50,560 | -20% in Tampa |
| Medical Assistant | $39,260 | $44,480 | +13% in Tampa |
| Plumber | $58,690 | $52,000 | -11% in Tampa |
| HVAC Technician | $56,780 | $50,540 | -11% in Tampa |
| Licensed Practical Nurse | $59,140 | $62,490 | +6% in Tampa |
| Electrician | $60,890 | $57,450 | -6% in Tampa |
Frequently asked questions
Is Memphis or Tampa cheaper to live in?
Memphis is about 9% cheaper overall. Rent is $1,399 a month there versus $2,216 in Tampa.
What salary do I need in Tampa to match $60,000 in Memphis?
About $65,670 a year gives the same standard of living in Tampa.
Where do people earn more, Memphis or Tampa?
The typical household earns $55,797 in Memphis and $81,400 in Tampa, 31% more in Tampa.