Project Manager Salary: Memphis, TN vs San Francisco, CA
BLS reports this occupation as "Project Management Specialists" (13-1082); every figure on this page is for that BLS occupation.
Side-by-side comparison of wages and local price levels for Project Managers in Memphis, TN and San Francisco, CA, based on BLS OEWS May 2025 wage data and BEA regional price parities for 2024.
1Which City Pays More?
Detailed Comparison
| Metric | Memphis, TN | San Francisco, CA | Diff |
|---|---|---|---|
| Median Annual Salary | $85,130 | $135,040▲ | -$49,910 |
| 25th Percentile | $67,290 | $102,510▲ | -$35,220 |
| 75th Percentile | $108,580 | $167,410▲ | -$58,830 |
| 90th Percentile | $133,960 | $206,240▲ | -$72,280 |
| Price Level (BEA 2024, US = 100) | 92.2 | 115.6 | -23.4 |
| Median at National-Average Prices | $92,353 | $116,803▲ | -$24,450 |
| Total Employment | 2,960 | 20,770 | -17,810 |
3Summary Analysis
On paper, San Francisco, CA pays $49,910 more (median: $85,130 vs $135,040). BEA's regional price parity is 92.2 in Memphis, TN and 115.6 in San Francisco, CA (United States = 100). At national-average prices the medians are $92,353 and $116,803, so San Francisco, CA comes out ahead once local prices are counted.
5Reading This Comparison
The $49,910 gap between the two medians is a gap in dollars, not in what those dollars buy. Dividing each median by its area's regional price parity restates it at national-average prices: $92,353 for Memphis and $116,803 for San Francisco, a difference of $24,450.
The price levels come from the U.S. Bureau of Economic Analysis, which describes them this way: “Regional price parities (RPPs) measure the differences in price levels across states and metropolitan areas for a given year and are expressed as a percentage of the overall national price level.” The figures used here are the all-items index for each whole metropolitan area (Memphis, TN-MS-AR; San Francisco-Oakland-Fremont, CA) and cover prices only, not taxes.
BLS estimates 2,960 Project Manager jobs in the Memphis area and 20,770 in the San Francisco area. For broader context, see our Tennessee overview and the full Project Manager city ranking.
Frequently Asked Questions
Is Project Manager salary higher in Memphis, TN or San Francisco, CA?
San Francisco, CA has the higher median wage for Project Managers ($135,040 per year, against $85,130 in Memphis, TN; BLS OEWS May 2025). Restated at national-average prices using BEA regional price parities, the medians are $92,353 in Memphis, TN and $116,803 in San Francisco, CA.
How do prices compare between Memphis, TN and San Francisco, CA?
The U.S. Bureau of Economic Analysis puts the 2024 regional price parity at 92.2 for the Memphis, TN-MS-AR metropolitan area and 115.6 for the San Francisco-Oakland-Fremont, CA metropolitan area, where the United States is 100. That is 7.8% below the national level for Memphis, TN and 15.6% above the national level for San Francisco, CA.
Which city pays Project Managers more once local prices are counted?
San Francisco, CA: at national-average prices its median Project Manager wage is $116,803, against $92,353 for Memphis, TN. The adjustment divides each median by the area's BEA regional price parity and covers prices only, not taxes.