Quick answer
Overall prices in the San Jose, CA metro were 110.4 vs 92.2 in Memphis, TN in 2024 (US = 100), so San Jose is 19.8% more expensive than Memphis; housing rents differ by 166% (211.9 vs 79.8). A $75,000 income in San Jose buys about what $62,609 buys in Memphis, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | San Jose | Memphis | San Jose vs Memphis |
|---|---|---|---|
| All items | 110.4 | 92.2 | +19.8% |
| Goods | 105.2 | 96.2 | +9.3% |
| Housing (rents) | 211.9 | 79.8 | +165.5% |
| Utilities | 156.7 | 74.1 | +111.4% |
| Other services | 100.3 | 95.4 | +5.1% |
| All items, 2008 | 119.3 | 94.2 | +26.6% |
| $50,000 in San Jose equals in Memphis | $41,739 | ||
| $100,000 in San Jose equals in Memphis | $83,478 | ||
| $150,000 in San Jose equals in Memphis | $125,217 |
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Last updated 2026-10-16. Data only, not financial or tax advice.