Quick answer
Overall prices in the Oklahoma City, OK metro were 90.4 vs 92.2 in Memphis, TN in 2024 (US = 100), so Oklahoma City is 1.9% less expensive than Memphis; housing rents differ by 7% (73.9 vs 79.8). A $75,000 income in Oklahoma City buys about what $76,469 buys in Memphis, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Oklahoma City | Memphis | Oklahoma City vs Memphis |
|---|---|---|---|
| All items | 90.4 | 92.2 | -1.9% |
| Goods | 93.8 | 96.2 | -2.5% |
| Housing (rents) | 73.9 | 79.8 | -7.4% |
| Utilities | 74.1 | 74.1 | -0.0% |
| Other services | 95.5 | 95.4 | +0.1% |
| All items, 2008 | 92.8 | 94.2 | -1.4% |
| $50,000 in Oklahoma City equals in Memphis | $50,979 | ||
| $100,000 in Oklahoma City equals in Memphis | $101,959 | ||
| $150,000 in Oklahoma City equals in Memphis | $152,938 |
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Last updated 2026-10-16. Data only, not financial or tax advice.