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:
$69,965/year
▼ $5,035 less than you make now
| Category | Louisville | Memphis |
|---|---|---|
| Salary | $75,000 | $69,965 |
| Federal Income Tax | -$8,114 | -$7,006 |
| Social Security | -$4,650 | -$4,338 |
| Medicare | -$1,088 | -$1,014 |
| State Tax | -$3,000 | -$0 |
| Take-Home Pay | $58,149 | $57,606 |
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 | $37,605 | -$2,395 | $32,254 |
| $50,000 | $47,057 | -$2,943 | $39,849 |
| $60,000 | $56,447 | -$3,553 | $47,394 |
| $75,000 | $69,965 | -$5,035 | $57,606 |
| $100,000 | $93,292 | -$6,708 | $74,017 |
| $150,000 | $139,709 | -$10,291 | $106,244 |
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 →