Moving from Memphis to Montgomery (2026)
Montgomery has a COL index of 81 vs 83 for Memphis (100 = US average). You'd pay about 2% less for the same lifestyle.
Save ~$68/mo
on core expenses · $75K salary baseline
Key differences
COL index
8381
100 = US avg
1BR rent
$1,100$1,050
per month
State tax
None5%
income tax
Take-home at $75K
$4,741$4,428
per month
Salary needed in Montgomery to match your Memphis lifestyle
Based on the 2% cost of living decrease between the two cities.
| Your salary in Memphis | Equivalent in Montgomery |
|---|---|
| $40K | $39,036 |
| $50K | $48,795 |
| $60K | $58,554 |
| $75K | $73,193 |
| $80K | $78,072 |
| $100K | $97,590 |
| $120K | $117,108 |
| $150K | $146,386 |
Monthly budget at $75K — Memphis vs Montgomery
| Expense | Memphis | Montgomery |
|---|---|---|
| Monthly take-home | $4,741 | $4,428 |
| 1BR rent | $1,100 | $1,050 |
| Groceries | $357 | $353 |
| Transport | $55 | $38 |
| Utilities | $170 | $170 |
| Internet | $55 | $58 |
| Left after essentials | $3,004 | $2,759 |
Frequently asked questions
Is Montgomery cheaper than Memphis?
Yes. Montgomery has a cost of living index of 81 vs 83 for Memphis (100 = US average). That's about 2% cheaper.
How much will I save moving from Memphis to Montgomery?
On a $75K salary, moving from Memphis to Montgomery could save roughly $68/month on core expenses. That's ~$816/year.
What salary do I need in Montgomery to match my Memphis lifestyle?
To maintain the same purchasing power as $75,000 in Memphis, you'd need roughly $73,193/year in Montgomery. This is based on the overall COL index difference between the two cities.
Moving from Montgomery to MemphisMemphis vs Montgomery — full comparisonMemphis cost of livingMontgomery 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