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:
$60,753/year
▼ $14,247 less than you make now
| Category | Baltimore | Memphis |
|---|---|---|
| Salary | $75,000 | $60,753 |
| Federal Income Tax | -$8,114 | -$5,252 |
| Social Security | -$4,650 | -$3,767 |
| Medicare | -$1,088 | -$881 |
| State Tax | -$3,510 | -$0 |
| Take-Home Pay | $57,639 | $50,854 |
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 | $32,940 | -$7,060 | $28,506 |
| $50,000 | $41,254 | -$8,746 | $35,186 |
| $60,000 | $49,569 | -$10,431 | $41,867 |
| $75,000 | $60,753 | -$14,247 | $50,854 |
| $100,000 | $80,911 | -$19,089 | $65,307 |
| $150,000 | $121,106 | -$28,894 | $93,529 |
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 →