Moving from Akron to Memphis (2026)

Memphis has a COL index of 83 vs 84 for Akron (100 = US average). You'd pay about 1% less for the same lifestyle.

Save ~$319/mo
on rent + taxes ยท $75K salary baseline

Change cities

Key differences

COL index
84 โ†’ 83
100 = US avg
1BR rent
$1,200 โ†’ $1,100
per month
State tax
3.5% โ†’ None
income tax
COL difference
84 โ†’ 83
1% cheaper

Salary needed in Memphis to match your Akron lifestyle

Based on the 1% cost of living decrease between the two cities.

Your salary in AkronEquivalent in Memphis
$40K$39,524
$50K$49,405
$60K$59,286
$75K$74,107
$80K$79,048
$100K$98,810
$120K$118,571
$150K$148,214

๐Ÿ’ต Household income (before tax)

$75K
$
$30K$300K
Save ~$110/moon core expenses at $75K

Monthly budget at $75K โ€” Akron vs Memphis

ExpenseAkronMemphis
Monthly take-home$4,522$4,741
1BR rent$1,200$1,100
Groceries$365$357
Transport$62$55
Utilities$162$170
Internet$58$55
Left after essentials$2,675$3,004

30-Year Wealth Builder

If you invest your monthly savings of $110 in a low-cost index fund (7% avg return), you'd accumulate an extra:

$134,197

over 30 years compared to staying in Akron โ€” that's the real price of a city.

$110/mo invested

Frequently asked questions

Is Memphis cheaper than Akron?

Yes. Memphis has a cost of living index of 83 vs 84 for Akron (100 = US average). That's about 1% cheaper.

How much will I save moving from Akron to Memphis?

On a $75K salary, moving from Akron to Memphis saves roughly $319/month on core expenses. That's ~$3,828/year.

What salary do I need in Memphis to match my Akron lifestyle?

To maintain the same purchasing power as $75,000 in Akron, you'd need roughly $74,107/year in Memphis. This is based on the overall COL index difference.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates. Zillow ยท BLS ยท Numbeo ยท For general guidance only