Moving from Springfield to Memphis (2026)
Memphis has a COL index of 83 vs 79 for Springfield (100 = US average). Expect to pay about 5% more for the same lifestyle.
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Key differences
Salary needed in Memphis to match your Springfield lifestyle
Based on the 5% cost of living increase between the two cities.
| Your salary in Springfield | Equivalent in Memphis |
|---|---|
| $40K | $42,025 |
| $50K | $52,532 |
| $60K | $63,038 |
| $75K | $78,797 |
| $80K | $84,051 |
| $100K | $105,063 |
| $120K | $126,076 |
| $150K | $157,595 |
💵 Household income (before tax)
Monthly budget at $75K — Springfield vs Memphis
| Expense | Springfield | Memphis |
|---|---|---|
| Monthly take-home | $4,447 | $4,741 |
| 1BR rent | $950 | $1,100 |
| Groceries | $353 | $357 |
| Transport | $42 | $55 |
| Utilities | $155 | $170 |
| Internet | $58 | $55 |
| Left after essentials | $2,889 | $3,004 |
Frequently asked questions
Is Memphis cheaper than Springfield?
No. Memphis has a cost of living index of 83 vs 79 for Springfield (100 = US average). That's about 5% more expensive.
How much will I save moving from Springfield to Memphis?
On a $75K salary, moving from Springfield to Memphis saves roughly $144/month on core expenses. That's ~$1,728/year.
What salary do I need in Memphis to match my Springfield lifestyle?
To maintain the same purchasing power as $75,000 in Springfield, you'd need roughly $78,797/year in Memphis. This is based on the overall COL index difference.
Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates. Zillow · BLS · Numbeo · For general guidance only