Moving from Denver to Memphis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Denver lifestyle in Memphis, you'd need to earn:
$60,216/year
▼ $14,784 less than you make now
| Category | Denver | Memphis |
|---|---|---|
| Salary | $75,000 | $60,216 |
| Federal Income Tax | -$8,114 | -$5,187 |
| Social Security | -$4,650 | -$3,733 |
| Medicare | -$1,088 | -$873 |
| State Tax | -$3,300 | -$0 |
| Take-Home Pay | $57,849 | $50,422 |
Why the difference
- Cost of living is -12.9% in Memphis
- Housing is -45.7% in Memphis
- At the same $75,000 salary, you'd save $3,300/year in taxes in Memphis
Estimated Moving Costs
Distance: ~878 miles
DIY Truck
$3,000
Container
$5,000
Full-Service
$7,000
Salary Equivalents: Denver to Memphis
| Your Denver Salary | Memphis Equivalent | Difference | Memphis Take-Home |
|---|---|---|---|
| $40,000 | $32,641 | -$7,359 | $28,266 |
| $50,000 | $40,835 | -$9,165 | $34,849 |
| $60,000 | $49,090 | -$10,910 | $41,482 |
| $75,000 | $60,216 | -$14,784 | $50,422 |
| $100,000 | $80,134 | -$19,866 | $64,760 |
| $150,000 | $120,269 | -$29,731 | $92,957 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Denver and Memphis Compare
Housing (46% cheaper in Memphis)
The average 1-bedroom apartment in Memphis rents for $950/month compared to $1,600/month in Denver. Median home prices: $236,000 in Memphis vs $570,000 in Denver.
Taxes
Colorado has a flat 4.4% state income tax. Tennessee has no state income tax. On a $75,000 salary, moving to Memphis would save you about $3,300/year in taxes alone.
Overall Cost of Living
Memphis's overall cost of living is 12.9% lower than Denver, based on the BEA Regional Price Parity index (where 100 = national average).Denver: 105.8, Memphis: 92.2.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Denver 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 →