salaryMemphis is 18% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Washington to live the same way.
🏠 Rent per month
$1,399
$2,370
🛏️ 2-bedroom rent
$1,194
$2,192
💵 Families earn per year
$55,797
$118,495
🔑 Buying a house
$169,000
$737,100
📊 Overall prices (U.S. = 100)
92.2
108.9
🏛️ Property tax per year
$1,845
$4,312
⚡ Electric bill per month
$223
$96
👥 People living there
618,980
681,294
Commute to work
21.1 min
30 min
College degree
28%
64.2%
Own their home
44.9%
41.5%
Below poverty line
23.1%
15.4%
Unemployment
8.3%
6.3%
Bottom line
- Pick Memphis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Washington for higher incomes, a more educated workforce, less poverty and 1 more.
Pay for the same job
| Job | Memphis | Washington | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $24,550 | $46,040 | +88% in Washington |
| Operations Manager | $102,510 | $156,460 | +53% in Washington |
| Dental Hygienist | $78,580 | $119,170 | +52% in Washington |
| Lawyer | $134,440 | $195,190 | +45% in Washington |
| Accountant | $76,960 | $102,140 | +33% in Washington |
| Elementary School Teacher | $61,510 | $79,470 | +29% in Washington |
| Licensed Practical Nurse | $59,140 | $75,860 | +28% in Washington |
| HVAC Technician | $56,780 | $71,920 | +27% in Washington |
Frequently asked questions
Is Memphis or Washington cheaper to live in?
Memphis is about 18% cheaper overall. Rent is $1,399 a month there versus $2,370 in Washington.
What salary do I need in Washington to match $60,000 in Memphis?
About $70,873 a year gives the same standard of living in Washington.
Where do people earn more, Memphis or Washington?
The typical household earns $55,797 in Memphis and $118,495 in Washington, 53% more in Washington.