Moving from Memphis to Raleigh (2026)

Raleigh has a COL index of 101 vs 83 for Memphis (100 = US average). Expect to pay about 22% more for the same lifestyle.

Pay ~$608 more/mo
on core expenses · $75K salary baseline

Key differences

COL index
83101
100 = US avg
1BR rent
$1,100$1,700
per month
State tax
None4.5%
income tax
Take-home at $75K
$4,741$4,459
per month

Salary needed in Raleigh to match your Memphis lifestyle

Based on the 22% cost of living increase between the two cities.

Your salary in MemphisEquivalent in Raleigh
$40K$48,675
$50K$60,843
$60K$73,012
$75K$91,265
$80K$97,349
$100K$121,687
$120K$146,024
$150K$182,530

Monthly budget at $75K — Memphis vs Raleigh

ExpenseMemphisRaleigh
Monthly take-home$4,741$4,459
1BR rent$1,100$1,700
Groceries$357$365
Transport$55$70
Utilities$170$150
Internet$55$60
Left after essentials$3,004$2,114

Frequently asked questions

Is Raleigh cheaper than Memphis?

No. Raleigh has a cost of living index of 101 vs 83 for Memphis (100 = US average). That's about 22% more expensive.

How much will I save moving from Memphis to Raleigh?

On a $75K salary, core expenses in Raleigh run about $608/month more than Memphis. Factor this into your salary negotiation when relocating.

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

To maintain the same purchasing power as $75,000 in Memphis, you'd need roughly $91,265/year in Raleigh. 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