Moving from Austin to Memphis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Austin lifestyle in Memphis, you'd need to earn:
$69,726/year
▼ $5,274 less than you make now
| Category | Austin | Memphis |
|---|---|---|
| Salary | $75,000 | $69,726 |
| Federal Income Tax | -$8,114 | -$6,954 |
| Social Security | -$4,650 | -$4,323 |
| Medicare | -$1,088 | -$1,011 |
| State Tax | -$0 | -$0 |
| Take-Home Pay | $61,149 | $57,438 |
Why the difference
- Cost of living is -6.0% in Memphis
- Housing is -33.7% in Memphis
Estimated Moving Costs
Distance: ~560 miles
DIY Truck
$3,000
Container
$5,000
Full-Service
$7,000
Salary Equivalents: Austin to Memphis
| Your Austin Salary | Memphis Equivalent | Difference | Memphis Take-Home |
|---|---|---|---|
| $40,000 | $37,426 | -$2,574 | $32,110 |
| $50,000 | $46,818 | -$3,182 | $39,657 |
| $60,000 | $56,208 | -$3,792 | $47,202 |
| $75,000 | $69,726 | -$5,274 | $57,438 |
| $100,000 | $93,233 | -$6,767 | $73,975 |
| $150,000 | $140,008 | -$9,992 | $106,448 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Austin and Memphis Compare
Housing (34% cheaper in Memphis)
The average 1-bedroom apartment in Memphis rents for $950/month compared to $1,549/month in Austin. Median home prices: $236,000 in Memphis vs $400,000 in Austin.
Taxes
Texas has no state income tax. Tennessee has no state income tax.
Overall Cost of Living
Memphis's overall cost of living is 6.0% lower than Austin, based on the BEA Regional Price Parity index (where 100 = national average).Austin: 98.1, Memphis: 92.2.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Austin to Memphis move. Average cost: $3,000–$7,000.
Compare Moving Quotes →Find Apartments in Memphis
Average 1BR rent in Memphis: $950/month. Browse available listings.
Search Apartments →High-Yield Savings
Park your moving fund in a 4.5%+ APY savings account while you plan your relocation.
Compare Savings Rates →