Moving from Concord to Memphis (2026)
Memphis has a COL index of 83 vs 92 for Concord (100 = US average). You'd pay about 10% less for the same lifestyle.
Save ~$382/mo
on core expenses · $75K salary baseline
Key differences
COL index
9283
100 = US avg
1BR rent
$1,500$1,100
per month
State tax
4.5%None
income tax
Take-home at $75K
$4,459$4,741
per month
Salary needed in Memphis to match your Concord lifestyle
Based on the 10% cost of living decrease between the two cities.
| Your salary in Concord | Equivalent in Memphis |
|---|---|
| $40K | $36,087 |
| $50K | $45,109 |
| $60K | $54,130 |
| $75K | $67,663 |
| $80K | $72,174 |
| $100K | $90,217 |
| $120K | $108,261 |
| $150K | $135,326 |
Monthly budget at $75K — Concord vs Memphis
| Expense | Concord | Memphis |
|---|---|---|
| Monthly take-home | $4,459 | $4,741 |
| 1BR rent | $1,500 | $1,100 |
| Groceries | $365 | $357 |
| Transport | $42 | $55 |
| Utilities | $152 | $170 |
| Internet | $60 | $55 |
| Left after essentials | $2,340 | $3,004 |
Frequently asked questions
Is Memphis cheaper than Concord?
Yes. Memphis has a cost of living index of 83 vs 92 for Concord (100 = US average). That's about 10% cheaper.
How much will I save moving from Concord to Memphis?
On a $75K salary, moving from Concord to Memphis could save roughly $382/month on core expenses. That's ~$4,584/year.
What salary do I need in Memphis to match my Concord lifestyle?
To maintain the same purchasing power as $75,000 in Concord, you'd need roughly $67,663/year in Memphis. This is based on the overall COL index difference between the two cities.
Moving from Memphis to ConcordConcord vs Memphis — full comparisonConcord cost of livingMemphis cost of living
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