Moving from Montgomery to Memphis (2026)
Memphis has a COL index of 83 vs 81 for Montgomery (100 = US average). Expect to pay about 2% more for the same lifestyle.
Key differences
Salary needed in Memphis to match your Montgomery lifestyle
Based on the 2% cost of living increase between the two cities.
| Your salary in Montgomery | Equivalent in Memphis |
|---|---|
| $40K | $40,988 |
| $50K | $51,235 |
| $60K | $61,481 |
| $75K | $76,852 |
| $80K | $81,975 |
| $100K | $102,469 |
| $120K | $122,963 |
| $150K | $153,704 |
Monthly budget at $75K — Montgomery vs Memphis
| Expense | Montgomery | Memphis |
|---|---|---|
| Monthly take-home | $4,428 | $4,741 |
| 1BR rent | $1,050 | $1,100 |
| Groceries | $353 | $357 |
| Transport | $38 | $55 |
| Utilities | $170 | $170 |
| Internet | $58 | $55 |
| Left after essentials | $2,759 | $3,004 |
Frequently asked questions
Is Memphis cheaper than Montgomery?
No. Memphis has a cost of living index of 83 vs 81 for Montgomery (100 = US average). That's about 2% more expensive.
How much will I save moving from Montgomery to Memphis?
On a $75K salary, core expenses in Memphis run about $68/month more than Montgomery. Factor this into your salary negotiation when relocating.
What salary do I need in Memphis to match my Montgomery lifestyle?
To maintain the same purchasing power as $75,000 in Montgomery, you'd need roughly $76,852/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