Moving from Milwaukee to Memphis (2026)

Memphis has a COL index of 83 vs 89 for Milwaukee (100 = US average). You'd pay about 7% less for the same lifestyle.

Save ~$288/mo
on core expenses · $75K salary baseline

Key differences

COL index
8983
100 = US avg
1BR rent
$1,350$1,100
per month
State tax
7.7%None
income tax
Take-home at $75K
$4,259$4,741
per month

Salary needed in Memphis to match your Milwaukee lifestyle

Based on the 7% cost of living decrease between the two cities.

Your salary in MilwaukeeEquivalent in Memphis
$40K$37,303
$50K$46,629
$60K$55,955
$75K$69,944
$80K$74,607
$100K$93,258
$120K$111,910
$150K$139,888

Monthly budget at $75K — Milwaukee vs Memphis

ExpenseMilwaukeeMemphis
Monthly take-home$4,259$4,741
1BR rent$1,350$1,100
Groceries$372$357
Transport$72$55
Utilities$168$170
Internet$63$55
Left after essentials$2,234$3,004

Frequently asked questions

Is Memphis cheaper than Milwaukee?

Yes. Memphis has a cost of living index of 83 vs 89 for Milwaukee (100 = US average). That's about 7% cheaper.

How much will I save moving from Milwaukee to Memphis?

On a $75K salary, moving from Milwaukee to Memphis could save roughly $288/month on core expenses. That's ~$3,456/year.

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

To maintain the same purchasing power as $75,000 in Milwaukee, you'd need roughly $69,944/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