salaryMemphis is 17% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Yonkers to live the same way.
🏠 Rent per month
$1,399
$2,436
🛏️ 2-bedroom rent
$1,194
$2,060
💵 Families earn per year
$55,797
$90,108
🔑 Buying a house
$169,000
$501,600
📊 Overall prices (U.S. = 100)
92.2
107.9
🏛️ Property tax per year
$1,845
$9,676
⚡ Electric bill per month
$223
$157
👥 People living there
618,980
209,978
Commute to work
21.1 min
35.6 min
College degree
28%
35.7%
Own their home
44.9%
46.2%
Below poverty line
23.1%
13.8%
Unemployment
8.3%
7.1%
Bottom line
- Pick Memphis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Yonkers for higher incomes, a more educated workforce, less poverty and 1 more.
Frequently asked questions
Is Memphis or Yonkers cheaper to live in?
Memphis is about 17% cheaper overall. Rent is $1,399 a month there versus $2,436 in Yonkers.
What salary do I need in Yonkers to match $60,000 in Memphis?
About $70,247 a year gives the same standard of living in Yonkers.
Where do people earn more, Memphis or Yonkers?
The typical household earns $55,797 in Memphis and $90,108 in Yonkers, 38% more in Yonkers.