Moving from Milwaukee to Memphis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Milwaukee lifestyle in Memphis, you'd need to earn:
$66,137/year
▼ $8,863 less than you make now
| Category | Milwaukee | Memphis |
|---|---|---|
| Salary | $75,000 | $66,137 |
| Federal Income Tax | -$8,114 | -$6,164 |
| Social Security | -$4,650 | -$4,100 |
| Medicare | -$1,088 | -$959 |
| State Tax | -$3,389 | -$0 |
| Take-Home Pay | $57,760 | $54,913 |
Why the difference
- Cost of living is -4.9% in Memphis
- Housing is -17.8% in Memphis
- At the same $75,000 salary, you'd save $3,389/year in taxes in Memphis
Estimated Moving Costs
Distance: ~557 miles
DIY Truck
$3,000
Container
$5,000
Full-Service
$7,000
Salary Equivalents: Milwaukee to Memphis
| Your Milwaukee Salary | Memphis Equivalent | Difference | Memphis Take-Home |
|---|---|---|---|
| $40,000 | $35,990 | -$4,010 | $30,956 |
| $50,000 | $44,963 | -$5,037 | $38,166 |
| $60,000 | $53,875 | -$6,125 | $45,327 |
| $75,000 | $66,137 | -$8,863 | $54,913 |
| $100,000 | $88,149 | -$11,851 | $70,399 |
| $150,000 | $131,633 | -$18,367 | $100,724 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Milwaukee and Memphis Compare
Housing (18% cheaper in Memphis)
The average 1-bedroom apartment in Memphis rents for $950/month compared to $1,200/month in Milwaukee. Median home prices: $236,000 in Memphis vs $290,000 in Milwaukee.
Taxes
Wisconsin has a progressive state income tax from 3.5% to 7.6%. Tennessee has no state income tax. On a $75,000 salary, moving to Memphis would save you about $3,389/year in taxes alone.
Overall Cost of Living
Memphis's overall cost of living is 4.9% lower than Milwaukee, based on the BEA Regional Price Parity index (where 100 = national average).Milwaukee: 96.9, Memphis: 92.2.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Milwaukee 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 →