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CityLedger

Memphis vs Oklahoma City

Metro-area medians — Memphis, TN-MS-AR Metro Area vs Oklahoma City, OK Metro Area — not the cities proper.

Oklahoma City comes out ahead, winning 9 of the 9 clearly-decided measures.

Memphis and Oklahoma City cost about the same to live in, but Oklahoma City households earn about 7% more. Adjusted for local prices, a typical paycheck stretches further in Oklahoma City.

For your salary & household

Enter your pay and household size to see what it's really worth here — the numbers update live and the link stays shareable.

Memphis, TN
$61,314
take-home / yr · 18% to tax
$66,516
real value after local prices
Oklahoma City, OK
$58,241
take-home / yr · 22% to tax
$64,420
real value after local prices

On $75,000 for just you, Memphis leaves you about $2,095/yr better off after tax and local prices.

Take-home estimates a single filer taking the standard deduction (2025 federal brackets, FICA, and state income tax) and isn't tax advice. “Real value” rebases take-home to average U.S. prices using the BEA cost-of-living index; the per-person figure uses the OECD square-root equivalence scale.

Measure
Memphis
Oklahoma City
Livability (CityLedger)
39/100
52/100
Cost of living (price level, US = 100)
92.2
90.4
Cost-adjusted income (pay's real value)
$73,904
$80,668
Median household income
$68,124
$72,930
Median rent
$1,330/mo
$1,162/mo
Median home value
$282,900
$253,200
Unemployment
5.6%
4.3%
Bachelor's degree or higher
31.9%
35.3%
Average commute
24.4 min
23.5 min
Air quality (median AQI)
56
53
Avg temperature
63°F
60°F

Choose Memphis for

  • No clear edge
Full Memphis profile →

Choose Oklahoma City for

  • + Livability (CityLedger)
  • + Cost-adjusted income (pay's real value)
  • + Median household income
  • + Median rent
  • + Median home value
  • + Unemployment
  • + Bachelor's degree or higher
  • + Average commute
  • + Air quality (median AQI)
Full Oklahoma City profile →

Memphis vs Oklahoma City — frequently asked

Is Memphis cheaper than Oklahoma City?
They are about even — the overall cost of living in the Memphis and Oklahoma City metros is within 3% of each other (BEA Regional Price Parities), so neither is meaningfully cheaper.
Which has higher household income, Memphis or Oklahoma City?
Oklahoma City has the higher median household income — $72,930 versus $68,124 (U.S. Census Bureau, ACS), about 7% more.
Does a paycheck go further in Memphis or Oklahoma City?
A paycheck stretches further in Oklahoma City. Adjusted for local prices, the median income is worth $80,668 there versus $73,904 in Memphis.
Which has cheaper rent, Memphis or Oklahoma City?
Oklahoma City has cheaper rent — a median of $1,162/mo versus $1,330/mo (U.S. Census Bureau, ACS).