Moving from Jacksonville to Memphis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Jacksonville lifestyle in Memphis, you'd need to earn:
$68,589/year
▼ $6,411 less than you make now
| Category | Jacksonville | Memphis |
|---|---|---|
| Salary | $75,000 | $68,589 |
| Federal Income Tax | -$8,114 | -$6,704 |
| Social Security | -$4,650 | -$4,253 |
| Medicare | -$1,088 | -$995 |
| State Tax | -$0 | -$0 |
| Take-Home Pay | $61,149 | $56,638 |
Why the difference
- Cost of living is -7.4% in Memphis
- Housing is -27.3% in Memphis
Estimated Moving Costs
Distance: ~590 miles
DIY Truck
$3,000
Container
$5,000
Full-Service
$7,000
Salary Equivalents: Jacksonville to Memphis
| Your Jacksonville Salary | Memphis Equivalent | Difference | Memphis Take-Home |
|---|---|---|---|
| $40,000 | $36,887 | -$3,113 | $31,677 |
| $50,000 | $46,159 | -$3,841 | $39,127 |
| $60,000 | $55,371 | -$4,629 | $46,529 |
| $75,000 | $68,589 | -$6,411 | $56,638 |
| $100,000 | $91,738 | -$8,262 | $72,924 |
| $150,000 | $137,795 | -$12,205 | $104,936 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Jacksonville and Memphis Compare
Housing (27% cheaper in Memphis)
The average 1-bedroom apartment in Memphis rents for $950/month compared to $1,246/month in Jacksonville. Median home prices: $236,000 in Memphis vs $282,000 in Jacksonville.
Taxes
Florida has no state income tax. Tennessee has no state income tax.
Overall Cost of Living
Memphis's overall cost of living is 7.4% lower than Jacksonville, based on the BEA Regional Price Parity index (where 100 = national average).Jacksonville: 99.5, Memphis: 92.2.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Jacksonville 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 →