Moving from Waco to Memphis (2026)
Memphis has a COL index of 83 vs 83 for Waco (100 = US average). Expect to pay about 0% more for the same lifestyle.
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Key differences
Salary needed in Memphis to match your Waco lifestyle
Based on the 0% cost of living increase between the two cities.
| Your salary in Waco | Equivalent in Memphis |
|---|---|
| $40K | $40,000 |
| $50K | $50,000 |
| $60K | $60,000 |
| $75K | $75,000 |
| $80K | $80,000 |
| $100K | $100,000 |
| $120K | $120,000 |
| $150K | $150,000 |
💵 Household income (before tax)
Monthly budget at $75K — Waco vs Memphis
| Expense | Waco | Memphis |
|---|---|---|
| Monthly take-home | $4,741 | $4,741 |
| 1BR rent | $1,000 | $1,100 |
| Groceries | $350 | $357 |
| Transport | $38 | $55 |
| Utilities | $172 | $170 |
| Internet | $60 | $55 |
| Left after essentials | $3,121 | $3,004 |
Frequently asked questions
Is Memphis cheaper than Waco?
No. Memphis has a cost of living index of 83 vs 83 for Waco (100 = US average). That's about 0% more expensive.
How much will I save moving from Waco to Memphis?
On a $75K salary, core expenses in Memphis run about $100/month more than Waco. Factor this into your salary negotiation when relocating.
What salary do I need in Memphis to match my Waco lifestyle?
To maintain the same purchasing power as $75,000 in Waco, you'd need roughly $75,000/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