Moving from Memphis to Albany (2026)
Albany has a COL index of 92 vs 83 for Memphis (100 = US average). Expect to pay about 11% more for the same lifestyle.
Key differences
Salary needed in Albany to match your Memphis lifestyle
Based on the 11% cost of living increase between the two cities.
| Your salary in Memphis | Equivalent in Albany |
|---|---|
| $40K | $44,337 |
| $50K | $55,422 |
| $60K | $66,506 |
| $75K | $83,133 |
| $80K | $88,675 |
| $100K | $110,843 |
| $120K | $133,012 |
| $150K | $166,265 |
Monthly budget at $75K — Memphis vs Albany
| Expense | Memphis | Albany |
|---|---|---|
| Monthly take-home | $4,741 | $4,309 |
| 1BR rent | $1,100 | $1,400 |
| Groceries | $357 | $380 |
| Transport | $55 | $68 |
| Utilities | $170 | $185 |
| Internet | $55 | $65 |
| Left after essentials | $3,004 | $2,211 |
Frequently asked questions
Is Albany cheaper than Memphis?
No. Albany has a cost of living index of 92 vs 83 for Memphis (100 = US average). That's about 11% more expensive.
How much will I save moving from Memphis to Albany?
On a $75K salary, core expenses in Albany run about $361/month more than Memphis. Factor this into your salary negotiation when relocating.
What salary do I need in Albany to match my Memphis lifestyle?
To maintain the same purchasing power as $75,000 in Memphis, you'd need roughly $83,133/year in Albany. 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