Quick answer
Overall prices in the Los Angeles, CA metro were 113.6 vs 92.2 in Memphis, TN in 2024 (US = 100), so Los Angeles is 23.2% more expensive than Memphis; housing rents differ by 114% (170.4 vs 79.8). A $75,000 income in Los Angeles buys about what $60,876 buys in Memphis, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Los Angeles | Memphis | Los Angeles vs Memphis |
|---|---|---|---|
| All items | 113.6 | 92.2 | +23.2% |
| Goods | 106.6 | 96.2 | +10.8% |
| Housing (rents) | 170.4 | 79.8 | +113.6% |
| Utilities | 158.6 | 74.1 | +114.0% |
| Other services | 104.4 | 95.4 | +9.4% |
| All items, 2008 | 113.3 | 94.2 | +20.3% |
| $50,000 in Los Angeles equals in Memphis | $40,584 | ||
| $100,000 in Los Angeles equals in Memphis | $81,168 | ||
| $150,000 in Los Angeles equals in Memphis | $121,752 |
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Last updated 2026-10-16. Data only, not financial or tax advice.