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:
$58,302/year
▼ $16,698 less than you make now
| Category | Boston | Memphis |
|---|---|---|
| Salary | $75,000 | $58,302 |
| Federal Income Tax | -$8,114 | -$4,958 |
| Social Security | -$4,650 | -$3,615 |
| Medicare | -$1,088 | -$845 |
| State Tax | -$3,750 | -$0 |
| Take-Home Pay | $57,399 | $48,884 |
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 | $31,564 | -$8,436 | $27,400 |
| $50,000 | $39,519 | -$10,481 | $33,792 |
| $60,000 | $47,535 | -$12,465 | $40,233 |
| $75,000 | $58,302 | -$16,698 | $48,884 |
| $100,000 | $77,323 | -$22,677 | $62,783 |
| $150,000 | $116,082 | -$33,918 | $90,050 |
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 →