Moving from Baltimore to Memphis (2026)
Memphis has a COL index of 83 vs 110 for Baltimore (100 = US average). You'd pay about 25% less for the same lifestyle.
Key differences
Salary needed in Memphis to match your Baltimore lifestyle
Based on the 25% cost of living decrease between the two cities.
| Your salary in Baltimore | Equivalent in Memphis |
|---|---|
| $40K | $30,182 |
| $50K | $37,727 |
| $60K | $45,273 |
| $75K | $56,591 |
| $80K | $60,364 |
| $100K | $75,455 |
| $120K | $90,545 |
| $150K | $113,182 |
Monthly budget at $75K — Baltimore vs Memphis
| Expense | Baltimore | Memphis |
|---|---|---|
| Monthly take-home | $4,441 | $4,741 |
| 1BR rent | $1,900 | $1,100 |
| Groceries | $391 | $357 |
| Transport | $88 | $55 |
| Utilities | $175 | $170 |
| Internet | $65 | $55 |
| Left after essentials | $1,822 | $3,004 |
Frequently asked questions
Is Memphis cheaper than Baltimore?
Yes. Memphis has a cost of living index of 83 vs 110 for Baltimore (100 = US average). That's about 25% cheaper.
How much will I save moving from Baltimore to Memphis?
On a $75K salary, moving from Baltimore to Memphis could save roughly $882/month on core expenses. That's ~$10,584/year.
What salary do I need in Memphis to match my Baltimore lifestyle?
To maintain the same purchasing power as $75,000 in Baltimore, you'd need roughly $56,591/year in Memphis. This is based on the overall COL index difference between the two cities.
Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates at $75K. Zillow · BLS · Numbeo · For general guidance only