Cost of Living: Memphis, TN vs Los Angeles, CA
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Memphis, TN versus $3,974/mo in Los Angeles, CA. In the model, rent is about 16.37% of gross in Memphis, TN versus 25.99% in Los Angeles, CA, so Memphis, TN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Memphis, TN and Los Angeles, CA.
At a glance
- Cheaper overall (lower cost-of-living index): Memphis, TN
- Lower rent (median 1BR/2BR): Memphis, TN
- Lower home prices: Memphis, TN
- Higher median household income: Los Angeles, CA
Cost of Living Index
Memphis, TN: 82.5 (U.S. = 100) · Los Angeles, CA: 148.6 (U.S. = 100)
Memphis, TN has a lower cost-of-living index than Los Angeles, CA, so a given salary generally stretches further there.
Median Rent
Memphis, TN: $1,067/mo (midpoint of 1BR/2BR) · Los Angeles, CA: $1,695/mo
Median rent in Los Angeles, CA is $628/mo higher than in Memphis, TN.
Median Home Price
Memphis, TN: $157,100 · Los Angeles, CA: $657,700
Median home price in Los Angeles, CA is $500,600 higher than in Memphis, TN.
Median Household Income
Memphis, TN: $51,211 · Los Angeles, CA: $74,785
Los Angeles, CA has a higher median household income than Memphis, TN by $23,574.
Memphis, TN overview · Los Angeles, CA overview · Popular comparisons