City comparison
Cleveland, OH vs Memphis, TN
What a paycheck is really worth in each city: prices, rent, state taxes and federal GS pay.
Key findings
- Prices in Cleveland, OH are 1.9% higher than in Memphis, TN. Someone earning $100,000 in Memphis, TN would need about $101,900 in Cleveland, OH to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,154 a month in Memphis, TN versus $1,058 in Cleveland, OH. On $100,000, that's 17% of take-home pay in Memphis, TN and 16% in Cleveland, OH.
- On $100,000, estimated state income tax is about $1,968 a year higher in Cleveland, OH than in Memphis, TN.
- For federal employees, locality pay changes a GS-13 step 1 salary by −4.2% moving from Cleveland, OH to Memphis, TN ($111,138 → $106,437), while prices change by −1.9%. Net effect of the transfer: −2.4% in real buying power.
- Cleveland, OH: price level 93.9 (cheaper)
- Memphis, TN: price level 92.2 (cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Cleveland, OH | Memphis, TN | |
|---|---|---|
| Price level (U.S. = 100)2 | 93.9 | 92.2 |
| $100,000 is worth, in the other city2 | $98,143 in Memphis | $101,892 in Cleveland |
| Typical 1-bedroom rent3 | $1,058/mo | $1,154/mo |
| Take-home on $100,00014,15,8 | $77,212 | $79,180 |
| State income tax on $100,000 (estimate)8 | $1,968 (OH) | $0 (TN) |
| Rent burden on $100,000 | 16% | 17% |
| Median pay, all jobs4 | $50,140 | $46,890 |
| Federal locality pay area7 | Cleveland-Akron-Canton, OH-PA | Rest of U.S. |
Rent areas: Cleveland, OH HUD Metro FMR Area and Memphis, TN-MS-AR HUD Metro FMR Area. Metro areas: Cleveland, OH and Memphis, TN-MS-AR.
What costs more or less
| Price level (U.S. = 100) | Cleveland | Memphis |
|---|---|---|
| Housing (rent) | 79.4 | 79.8 |
| Goods | 93.6 | 96.2 |
| Utilities | 96.0 | 74.1 |
| Other services | 98.9 | 95.4 |
| Overall | 93.9 | 92.2 |
Moving with the same $100,000 salary
Cleveland, OH → Memphis, TN
Roughly even
Buying power +1.9%; rent takes 17% of take-home; state tax −$1,968/yr.
75 Strong offer
Memphis, TN → Cleveland, OH
Roughly even
Buying power −1.9%; rent takes 16% of take-home; state tax +$1,968/yr.
63 Fair offer
Federal employees: GS pay
Cleveland, OH is in the Cleveland-Akron-Canton, OH-PA pay area; Memphis, TN is in Rest of U.S.. The last column shows what a transfer from Cleveland, OH to Memphis, TN at the same grade and step does to real buying power.
| Grade5,2 | Cleveland, OH | Memphis, TN | Real change, Cleveland → Memphis |
|---|---|---|---|
| GS-9 step 1 | $64,448 | $61,722 | −2.4% |
| GS-11 step 1 | $77,977 | $74,678 | −2.4% |
| GS-12 step 1 | $93,461 | $89,508 | −2.4% |
| GS-13 step 1 | $111,138 | $106,437 | −2.4% |
| GS-14 step 1 | $131,331 | $125,776 | −2.4% |
Pay for common jobs
| Median annual pay4 | Cleveland, OH | Memphis, TN | Memphis pay in Cleveland dollars |
|---|---|---|---|
| Information Security Analysts | $105,890 | $97,370 | $99,212 (−6.3%) |
| Software Developers | $111,310 | $125,580 | $127,956 (+15.0%) |
| Accountants and Auditors | $80,000 | $76,960 | $78,416 (−2.0%) |
| Registered Nurses | $83,940 | $81,500 | $83,042 (−1.1%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.