Memphis vs Dallas

Memphis is cheaper to live in overall. Memphis has a cost of living index of 83 while Dallas has an index of 103, where 100 represents the US national average. Dallas is 24% more expensive than Memphis overall.

The median 1-bedroom rent in Memphis is $1,050 per month compared to $1,550 in Dallas. The median home price in Memphis is $175,000 versus $320,000 in Dallas. Housing is typically the largest factor in cost of living differences between cities.

Memphis has a cost of living index of 83 and Dallas has an index of 103, both measured against a US national average of 100. An index above 100 means more expensive than the national average — below 100 means cheaper.

To maintain the same purchasing power as a salary in Memphis, multiply by 1.24. For example a $75,000 salary in Memphis is equivalent to approximately $93,072 in Dallas.

Memphis has a median household income of $42,982 per year versus $57,537 in Dallas. Higher incomes must be weighed against cost of living. Use the Dayblip salary tools to see specific job salaries in both cities.

Whether moving from Memphis to Dallas is worthwhile depends on your salary, lifestyle, and priorities. Dallas is 24% more expensive overall — with the biggest difference in housing. Use the Dayblip cost of living calculator to enter your specific salary and see the exact dollar impact.