Moving from Evansville to Memphis (2026)

Memphis has a COL index of 83 vs 80 for Evansville (100 = US average). Expect to pay about 4% more for the same lifestyle.

Pay ~$144 more/mo
on core expenses · $75K salary baseline

Key differences

COL index
8083
100 = US avg
1BR rent
$990$1,100
per month
State tax
3.2%None
income tax
Take-home at $75K
$4,541$4,741
per month

Salary needed in Memphis to match your Evansville lifestyle

Based on the 4% cost of living increase between the two cities.

Your salary in EvansvilleEquivalent in Memphis
$40K$41,500
$50K$51,875
$60K$62,250
$75K$77,813
$80K$83,000
$100K$103,750
$120K$124,500
$150K$155,625

Monthly budget at $75K — Evansville vs Memphis

ExpenseEvansvilleMemphis
Monthly take-home$4,541$4,741
1BR rent$990$1,100
Groceries$353$357
Transport$40$55
Utilities$152$170
Internet$58$55
Left after essentials$2,948$3,004

Frequently asked questions

Is Memphis cheaper than Evansville?

No. Memphis has a cost of living index of 83 vs 80 for Evansville (100 = US average). That's about 4% more expensive.

How much will I save moving from Evansville to Memphis?

On a $75K salary, core expenses in Memphis run about $144/month more than Evansville. Factor this into your salary negotiation when relocating.

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

To maintain the same purchasing power as $75,000 in Evansville, you'd need roughly $77,813/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