Moving from Colorado Springs to Memphis (2026)
Memphis has a COL index of 83 vs 95 for Colorado Springs (100 = US average). You'd pay about 13% less for the same lifestyle.
Key differences
Salary needed in Memphis to match your Colorado Springs lifestyle
Based on the 13% cost of living decrease between the two cities.
| Your salary in Colorado Springs | Equivalent in Memphis |
|---|---|
| $40K | $34,947 |
| $50K | $43,684 |
| $60K | $52,421 |
| $75K | $65,526 |
| $80K | $69,895 |
| $100K | $87,368 |
| $120K | $104,842 |
| $150K | $131,053 |
Monthly budget at $75K — Colorado Springs vs Memphis
| Expense | Colorado Springs | Memphis |
|---|---|---|
| Monthly take-home | $4,466 | $4,741 |
| 1BR rent | $1,500 | $1,100 |
| Groceries | $372 | $357 |
| Transport | $55 | $55 |
| Utilities | $145 | $170 |
| Internet | $65 | $55 |
| Left after essentials | $2,329 | $3,004 |
Frequently asked questions
Is Memphis cheaper than Colorado Springs?
Yes. Memphis has a cost of living index of 83 vs 95 for Colorado Springs (100 = US average). That's about 13% cheaper.
How much will I save moving from Colorado Springs to Memphis?
On a $75K salary, moving from Colorado Springs to Memphis could save roughly $400/month on core expenses. That's ~$4,800/year.
What salary do I need in Memphis to match my Colorado Springs lifestyle?
To maintain the same purchasing power as $75,000 in Colorado Springs, you'd need roughly $65,526/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