Moving from Jackson to Memphis (2026)
Memphis has a COL index of 83 vs 79 for Jackson (100 = US average). Expect to pay about 5% more for the same lifestyle.
Key differences
Salary needed in Memphis to match your Jackson lifestyle
Based on the 5% cost of living increase between the two cities.
| Your salary in Jackson | Equivalent in Memphis |
|---|---|
| $40K | $42,025 |
| $50K | $52,532 |
| $60K | $63,038 |
| $75K | $78,797 |
| $80K | $84,051 |
| $100K | $105,063 |
| $120K | $126,076 |
| $150K | $157,595 |
Monthly budget at $75K — Jackson vs Memphis
| Expense | Jackson | Memphis |
|---|---|---|
| Monthly take-home | $4,447 | $4,741 |
| 1BR rent | $1,000 | $1,100 |
| Groceries | $346 | $357 |
| Transport | $38 | $55 |
| Utilities | $178 | $170 |
| Internet | $55 | $55 |
| Left after essentials | $2,830 | $3,004 |
Frequently asked questions
Is Memphis cheaper than Jackson?
No. Memphis has a cost of living index of 83 vs 79 for Jackson (100 = US average). That's about 5% more expensive.
How much will I save moving from Jackson to Memphis?
On a $75K salary, core expenses in Memphis run about $120/month more than Jackson. Factor this into your salary negotiation when relocating.
What salary do I need in Memphis to match my Jackson lifestyle?
To maintain the same purchasing power as $75,000 in Jackson, you'd need roughly $78,797/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