Moving from Memphis to Colorado Springs?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Memphis lifestyle in Colorado Springs, you'd need to earn:
$88,567/year
▲ $13,567 more than you make now
| Category | Memphis | Colorado Springs |
|---|---|---|
| Salary | $75,000 | $88,567 |
| Federal Income Tax | -$8,114 | -$11,099 |
| Social Security | -$4,650 | -$5,491 |
| Medicare | -$1,088 | -$1,284 |
| State Tax | -$0 | -$3,897 |
| Take-Home Pay | $61,149 | $66,796 |
Why the difference
- Cost of living is +9.3% in Colorado Springs
- Housing is +45.6% in Colorado Springs
- At the same $75,000 salary, you'd pay $3,300/year in taxes in Colorado Springs
Estimated Moving Costs
Distance: ~853 miles
DIY Truck
$3,000
Container
$5,000
Full-Service
$7,000
Salary Equivalents: Memphis to Colorado Springs
| Your Memphis Salary | Colorado Springs Equivalent | Difference | Colorado Springs Take-Home |
|---|---|---|---|
| $40,000 | $46,458 | +$6,458 | $37,323 |
| $50,000 | $58,062 | +$8,062 | $46,137 |
| $60,000 | $70,503 | +$10,503 | $54,883 |
| $75,000 | $88,567 | +$13,567 | $66,796 |
| $100,000 | $117,697 | +$17,697 | $86,007 |
| $150,000 | $176,674 | +$26,674 | $123,772 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Memphis and Colorado Springs Compare
Housing (46% more expensive in Colorado Springs)
The average 1-bedroom apartment in Colorado Springs rents for $1,320/month compared to $950/month in Memphis. Median home prices: $475,000 in Colorado Springs vs $236,000 in Memphis.
Taxes
Tennessee has no state income tax. Colorado has a flat 4.4% state income tax. On a $75,000 salary, moving to Colorado Springs would cost you about $3,300/year in taxes alone.
Overall Cost of Living
Colorado Springs's overall cost of living is 9.3% higher than Memphis, based on the BEA Regional Price Parity index (where 100 = national average).Memphis: 92.2, Colorado Springs: 100.7.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Memphis to Colorado Springs move. Average cost: $3,000–$7,000.
Compare Moving Quotes →Find Apartments in Colorado Springs
Average 1BR rent in Colorado Springs: $1,320/month. Browse available listings.
Search Apartments →High-Yield Savings
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