Moving from Savannah to Memphis (2026)

Memphis has a COL index of 83 vs 92 for Savannah (100 = US average). You'd pay about 10% less for the same lifestyle.

Save ~$407/mo
on core expenses · $75K salary baseline

Key differences

COL index
9283
100 = US avg
1BR rent
$1,500$1,100
per month
State tax
5.5%None
income tax
Take-home at $75K
$4,397$4,741
per month

Salary needed in Memphis to match your Savannah lifestyle

Based on the 10% cost of living decrease between the two cities.

Your salary in SavannahEquivalent in Memphis
$40K$36,087
$50K$45,109
$60K$54,130
$75K$67,663
$80K$72,174
$100K$90,217
$120K$108,261
$150K$135,326

Monthly budget at $75K — Savannah vs Memphis

ExpenseSavannahMemphis
Monthly take-home$4,397$4,741
1BR rent$1,500$1,100
Groceries$369$357
Transport$48$55
Utilities$165$170
Internet$62$55
Left after essentials$2,253$3,004

Frequently asked questions

Is Memphis cheaper than Savannah?

Yes. Memphis has a cost of living index of 83 vs 92 for Savannah (100 = US average). That's about 10% cheaper.

How much will I save moving from Savannah to Memphis?

On a $75K salary, moving from Savannah to Memphis could save roughly $407/month on core expenses. That's ~$4,884/year.

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

To maintain the same purchasing power as $75,000 in Savannah, you'd need roughly $67,663/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