Moving from Tempe to Memphis (2026)

Memphis has a COL index of 83 vs 103 for Tempe (100 = US average). You'd pay about 19% less for the same lifestyle.

Save ~$570/mo
on core expenses · $75K salary baseline

Key differences

COL index
10383
100 = US avg
1BR rent
$1,600$1,100
per month
State tax
2.5%None
income tax
Take-home at $75K
$4,584$4,741
per month

Salary needed in Memphis to match your Tempe lifestyle

Based on the 19% cost of living decrease between the two cities.

Your salary in TempeEquivalent in Memphis
$40K$32,233
$50K$40,291
$60K$48,350
$75K$60,437
$80K$64,466
$100K$80,583
$120K$96,699
$150K$120,874

Monthly budget at $75K — Tempe vs Memphis

ExpenseTempeMemphis
Monthly take-home$4,584$4,741
1BR rent$1,600$1,100
Groceries$380$357
Transport$55$55
Utilities$210$170
Internet$62$55
Left after essentials$2,277$3,004

Frequently asked questions

Is Memphis cheaper than Tempe?

Yes. Memphis has a cost of living index of 83 vs 103 for Tempe (100 = US average). That's about 19% cheaper.

How much will I save moving from Tempe to Memphis?

On a $75K salary, moving from Tempe to Memphis could save roughly $570/month on core expenses. That's ~$6,840/year.

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

To maintain the same purchasing power as $75,000 in Tempe, you'd need roughly $60,437/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