Moving from Cleveland to Memphis (2026)

Memphis has a COL index of 83 vs 85 for Cleveland (100 = US average). You'd pay about 2% less for the same lifestyle.

Save ~$182/mo
on core expenses · $75K salary baseline

Key differences

COL index
8583
100 = US avg
1BR rent
$1,250$1,100
per month
State tax
3.5%None
income tax
Take-home at $75K
$4,522$4,741
per month

Salary needed in Memphis to match your Cleveland lifestyle

Based on the 2% cost of living decrease between the two cities.

Your salary in ClevelandEquivalent in Memphis
$40K$39,059
$50K$48,824
$60K$58,588
$75K$73,235
$80K$78,118
$100K$97,647
$120K$117,176
$150K$146,471

Monthly budget at $75K — Cleveland vs Memphis

ExpenseClevelandMemphis
Monthly take-home$4,522$4,741
1BR rent$1,250$1,100
Groceries$369$357
Transport$72$55
Utilities$168$170
Internet$60$55
Left after essentials$2,603$3,004

Frequently asked questions

Is Memphis cheaper than Cleveland?

Yes. Memphis has a cost of living index of 83 vs 85 for Cleveland (100 = US average). That's about 2% cheaper.

How much will I save moving from Cleveland to Memphis?

On a $75K salary, moving from Cleveland to Memphis could save roughly $182/month on core expenses. That's ~$2,184/year.

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

To maintain the same purchasing power as $75,000 in Cleveland, you'd need roughly $73,235/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