Moving from Dallas to Memphis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Dallas lifestyle in Memphis, you'd need to earn:
$67,056/year
▼ $7,944 less than you make now
| Category | Dallas | Memphis |
|---|---|---|
| Salary | $75,000 | $67,056 |
| Federal Income Tax | -$8,114 | -$6,366 |
| Social Security | -$4,650 | -$4,157 |
| Medicare | -$1,088 | -$972 |
| State Tax | -$0 | -$0 |
| Take-Home Pay | $61,149 | $55,560 |
Why the difference
- Cost of living is -10.6% in Memphis
- Housing is -32.3% in Memphis
Estimated Moving Costs
Distance: ~420 miles
DIY Truck
$2,000
Container
$3,500
Full-Service
$5,000
Salary Equivalents: Dallas to Memphis
| Your Dallas Salary | Memphis Equivalent | Difference | Memphis Take-Home |
|---|---|---|---|
| $40,000 | $35,763 | -$4,237 | $30,774 |
| $50,000 | $44,704 | -$5,296 | $37,958 |
| $60,000 | $53,644 | -$6,356 | $45,141 |
| $75,000 | $67,056 | -$7,944 | $55,560 |
| $100,000 | $89,407 | -$10,593 | $71,284 |
| $150,000 | $134,111 | -$15,889 | $102,418 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Dallas and Memphis Compare
Housing (32% cheaper in Memphis)
The average 1-bedroom apartment in Memphis rents for $950/month compared to $1,392/month in Dallas. Median home prices: $236,000 in Memphis vs $375,000 in Dallas.
Taxes
Texas has no state income tax. Tennessee has no state income tax.
Overall Cost of Living
Memphis's overall cost of living is 10.6% lower than Dallas, based on the BEA Regional Price Parity index (where 100 = national average).Dallas: 103.1, Memphis: 92.2.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Dallas to Memphis move. Average cost: $2,000–$5,000.
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 →