Moving from Louisville to Memphis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Louisville lifestyle in Memphis, you'd need to earn:
$74,279/year
▼ $721 less than you make now
| Category | Louisville | Memphis |
|---|---|---|
| Salary | $75,000 | $74,279 |
| Federal Income Tax | -$8,114 | -$7,955 |
| Social Security | -$4,650 | -$4,605 |
| Medicare | -$1,088 | -$1,077 |
| State Tax | -$3,000 | -$0 |
| Take-Home Pay | $58,149 | $60,641 |
Why the difference
- Cost of living is -1.0% in Memphis
- Housing is +1.5% in Memphis
- At the same $75,000 salary, you'd save $3,000/year in taxes in Memphis
Estimated Moving Costs
Distance: ~320 miles
DIY Truck
$2,000
Container
$3,500
Full-Service
$5,000
Salary Equivalents: Louisville to Memphis
| Your Louisville Salary | Memphis Equivalent | Difference | Memphis Take-Home |
|---|---|---|---|
| $40,000 | $39,615 | -$385 | $33,869 |
| $50,000 | $49,519 | -$481 | $41,827 |
| $60,000 | $59,423 | -$577 | $49,785 |
| $75,000 | $74,279 | -$721 | $60,641 |
| $100,000 | $99,038 | -$962 | $78,059 |
| $150,000 | $148,558 | -$1,442 | $112,292 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Louisville and Memphis Compare
Housing (2% more expensive in Memphis)
The average 1-bedroom apartment in Memphis rents for $950/month compared to $1,050/month in Louisville. Median home prices: $236,000 in Memphis vs $280,000 in Louisville.
Taxes
Kentucky has a flat 4.0% state income tax. Tennessee has no state income tax. On a $75,000 salary, moving to Memphis would save you about $3,000/year in taxes alone.
Overall Cost of Living
Memphis's overall cost of living is 1.0% lower than Louisville, based on the BEA Regional Price Parity index (where 100 = national average).Louisville: 93.1, Memphis: 92.2.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Louisville 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 →