Moving from Memphis to Springfield (2026)
Springfield has a COL index of 79 vs 83 for Memphis (100 = US average). You'd pay about 5% less for the same lifestyle.
Key differences
Salary needed in Springfield to match your Memphis lifestyle
Based on the 5% cost of living decrease between the two cities.
| Your salary in Memphis | Equivalent in Springfield |
|---|---|
| $40K | $38,072 |
| $50K | $47,590 |
| $60K | $57,108 |
| $75K | $71,386 |
| $80K | $76,145 |
| $100K | $95,181 |
| $120K | $114,217 |
| $150K | $142,771 |
Monthly budget at $75K — Memphis vs Springfield
| Expense | Memphis | Springfield |
|---|---|---|
| Monthly take-home | $4,741 | $4,447 |
| 1BR rent | $1,100 | $950 |
| Groceries | $357 | $353 |
| Transport | $55 | $42 |
| Utilities | $170 | $155 |
| Internet | $55 | $58 |
| Left after essentials | $3,004 | $2,889 |
Frequently asked questions
Is Springfield cheaper than Memphis?
Yes. Springfield has a cost of living index of 79 vs 83 for Memphis (100 = US average). That's about 5% cheaper.
How much will I save moving from Memphis to Springfield?
On a $75K salary, moving from Memphis to Springfield could save roughly $179/month on core expenses. That's ~$2,148/year.
What salary do I need in Springfield to match my Memphis lifestyle?
To maintain the same purchasing power as $75,000 in Memphis, you'd need roughly $71,386/year in Springfield. 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