Moving from Boston to Memphis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Boston lifestyle in Memphis, you'd need to earn:
$63,856/year
▼ $11,144 less than you make now
| Category | Boston | Memphis |
|---|---|---|
| Salary | $75,000 | $63,856 |
| Federal Income Tax | -$8,114 | -$5,662 |
| Social Security | -$4,650 | -$3,959 |
| Medicare | -$1,088 | -$926 |
| State Tax | -$3,750 | -$0 |
| Take-Home Pay | $57,399 | $53,309 |
Why the difference
- Cost of living is -14.9% in Memphis
- Housing is -46.2% in Memphis
- At the same $75,000 salary, you'd save $3,750/year in taxes in Memphis
Estimated Moving Costs
Distance: ~1,135 miles
DIY Truck
$4,000
Container
$6,500
Full-Service
$9,000
Salary Equivalents: Boston to Memphis
| Your Boston Salary | Memphis Equivalent | Difference | Memphis Take-Home |
|---|---|---|---|
| $40,000 | $34,056 | -$5,944 | $29,403 |
| $50,000 | $42,571 | -$7,429 | $36,244 |
| $60,000 | $51,085 | -$8,915 | $43,085 |
| $75,000 | $63,856 | -$11,144 | $53,309 |
| $100,000 | $85,141 | -$14,859 | $68,283 |
| $150,000 | $127,712 | -$22,288 | $98,044 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Boston and Memphis Compare
Housing (46% cheaper in Memphis)
The average 1-bedroom apartment in Memphis rents for $950/month compared to $2,950/month in Boston. Median home prices: $236,000 in Memphis vs $825,000 in Boston.
Taxes
Massachusetts has a progressive state income tax from 5.0% to 9.0%. Tennessee has no state income tax. On a $75,000 salary, moving to Memphis would save you about $3,750/year in taxes alone.
Overall Cost of Living
Memphis's overall cost of living is 14.9% lower than Boston, based on the BEA Regional Price Parity index (where 100 = national average).Boston: 108.3, Memphis: 92.2.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Boston to Memphis move. Average cost: $4,000–$9,000.
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 →