$80K in Minneapolis = $62,642 in Memphis
Your $80K salary in Minneapolis (COL 106) has the same purchasing power as $62,642 in Memphis (COL 83). Memphis is cheaper — your money goes 22% further there.
Budget breakdown — $80K in both cities
What $80K actually buys you in each city after taxes and core expenses.
| Expense | Minneapolis $80K | Memphis $80K (same salary) |
|---|---|---|
| Monthly take-home | $4,397 | $5,057 |
| 1BR rent | $1,700 | $1,100 |
| Groceries | $391 | $357 |
| Transport | $95 | $55 |
| Utilities | $195 | $170 |
| Internet | $65 | $55 |
| Left after essentials | $1,951/month | $3,320/month |
Frequently asked questions
What is $80K in Minneapolis equivalent to in Memphis?
$80K in Minneapolis (COL index 106) has the same purchasing power as $62,642 in Memphis (COL index 83). That's 22% less than your current salary.
If I move from Minneapolis to Memphis keeping my $80K salary, will I be better off?
Yes. If you keep earning $80K after moving to Memphis, you'd have $1,369 more per month after core expenses — because Memphis is cheaper than Minneapolis.
How is the salary equivalent calculated?
The equivalent salary is calculated by multiplying your current salary by the ratio of the two cities' overall cost of living indices: $80K × (83 ÷ 106) = $62,642. This adjusts for differences in housing, food, transport, and general cost of living.
Other salary amounts — Minneapolis to Memphis
Equivalency uses overall COL index ratio. Take-home uses simplified federal/state brackets. Zillow · BLS · Numbeo · Q1 2026 · For general guidance only