Moving from Baltimore to Memphis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Baltimore lifestyle in Memphis, you'd need to earn:
$66,165/year
▼ $8,835 less than you make now
| Category | Baltimore | Memphis |
|---|---|---|
| Salary | $75,000 | $66,165 |
| Federal Income Tax | -$8,114 | -$6,170 |
| Social Security | -$4,650 | -$4,102 |
| Medicare | -$1,088 | -$959 |
| State Tax | -$3,510 | -$0 |
| Take-Home Pay | $57,639 | $54,933 |
Why the difference
- Cost of living is -11.8% in Memphis
- Housing is -32.5% in Memphis
- At the same $75,000 salary, you'd save $3,510/year in taxes in Memphis
Estimated Moving Costs
Distance: ~792 miles
DIY Truck
$3,000
Container
$5,000
Full-Service
$7,000
Salary Equivalents: Baltimore to Memphis
| Your Baltimore Salary | Memphis Equivalent | Difference | Memphis Take-Home |
|---|---|---|---|
| $40,000 | $35,288 | -$4,712 | $30,392 |
| $50,000 | $44,110 | -$5,890 | $37,481 |
| $60,000 | $52,932 | -$7,068 | $44,569 |
| $75,000 | $66,165 | -$8,835 | $54,933 |
| $100,000 | $88,221 | -$11,779 | $70,449 |
| $150,000 | $132,331 | -$17,669 | $101,201 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Baltimore and Memphis Compare
Housing (32% cheaper in Memphis)
The average 1-bedroom apartment in Memphis rents for $950/month compared to $1,250/month in Baltimore. Median home prices: $236,000 in Memphis vs $367,000 in Baltimore.
Taxes
Maryland has a progressive state income tax from 2.0% to 6.5%. Tennessee has no state income tax. On a $75,000 salary, moving to Memphis would save you about $3,510/year in taxes alone.
Overall Cost of Living
Memphis's overall cost of living is 11.8% lower than Baltimore, based on the BEA Regional Price Parity index (where 100 = national average).Baltimore: 104.5, Memphis: 92.2.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Baltimore 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 →