Quick answer
Overall prices in the Dallas, TX metro were 103.1 vs 92.2 in Memphis, TN in 2024 (US = 100), so Dallas is 11.8% more expensive than Memphis; housing rents differ by 48% (117.9 vs 79.8). A $75,000 income in Dallas buys about what $67,062 buys in Memphis, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Dallas | Memphis | Dallas vs Memphis |
|---|---|---|---|
| All items | 103.1 | 92.2 | +11.8% |
| Goods | 102.8 | 96.2 | +6.9% |
| Housing (rents) | 117.9 | 79.8 | +47.7% |
| Utilities | 90.7 | 74.1 | +22.4% |
| Other services | 99.7 | 95.4 | +4.5% |
| All items, 2008 | 101.4 | 94.2 | +7.6% |
| $50,000 in Dallas equals in Memphis | $44,708 | ||
| $100,000 in Dallas equals in Memphis | $89,416 | ||
| $150,000 in Dallas equals in Memphis | $134,124 |
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Last updated 2026-10-16. Data only, not financial or tax advice.