Moving from Norfolk to Memphis (2026)
Memphis has a COL index of 83 vs 90 for Norfolk (100 = US average). You'd pay about 8% less for the same lifestyle.
Save ~$313/mo
on core expenses · $75K salary baseline
Key differences
COL index
9083
100 = US avg
1BR rent
$1,400$1,100
per month
State tax
5.8%None
income tax
Take-home at $75K
$4,378$4,741
per month
Salary needed in Memphis to match your Norfolk lifestyle
Based on the 8% cost of living decrease between the two cities.
| Your salary in Norfolk | Equivalent in Memphis |
|---|---|
| $40K | $36,889 |
| $50K | $46,111 |
| $60K | $55,333 |
| $75K | $69,167 |
| $80K | $73,778 |
| $100K | $92,222 |
| $120K | $110,667 |
| $150K | $138,333 |
Monthly budget at $75K — Norfolk vs Memphis
| Expense | Norfolk | Memphis |
|---|---|---|
| Monthly take-home | $4,378 | $4,741 |
| 1BR rent | $1,400 | $1,100 |
| Groceries | $365 | $357 |
| Transport | $55 | $55 |
| Utilities | $170 | $170 |
| Internet | $60 | $55 |
| Left after essentials | $2,328 | $3,004 |
Frequently asked questions
Is Memphis cheaper than Norfolk?
Yes. Memphis has a cost of living index of 83 vs 90 for Norfolk (100 = US average). That's about 8% cheaper.
How much will I save moving from Norfolk to Memphis?
On a $75K salary, moving from Norfolk to Memphis could save roughly $313/month on core expenses. That's ~$3,756/year.
What salary do I need in Memphis to match my Norfolk lifestyle?
To maintain the same purchasing power as $75,000 in Norfolk, you'd need roughly $69,167/year in Memphis. This is based on the overall COL index difference between the two cities.
Moving from Memphis to NorfolkNorfolk vs Memphis — full comparisonNorfolk cost of livingMemphis 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