Quick answer
Overall prices in the Portland, OR metro were 105.4 vs 92.2 in Memphis, TN in 2024 (US = 100), so Portland is 14.4% more expensive than Memphis; housing rents differ by 57% (125.1 vs 79.8). A $75,000 income in Portland buys about what $65,579 buys in Memphis, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Portland | Memphis | Portland vs Memphis |
|---|---|---|---|
| All items | 105.4 | 92.2 | +14.4% |
| Goods | 105.2 | 96.2 | +9.4% |
| Housing (rents) | 125.1 | 79.8 | +56.8% |
| Utilities | 107.0 | 74.1 | +44.4% |
| Other services | 100.1 | 95.4 | +5.0% |
| All items, 2008 | 98.7 | 94.2 | +4.8% |
| $50,000 in Portland equals in Memphis | $43,719 | ||
| $100,000 in Portland equals in Memphis | $87,439 | ||
| $150,000 in Portland equals in Memphis | $131,158 |
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Last updated 2026-10-16. Data only, not financial or tax advice.