Moving from Oklahoma City to Memphis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Oklahoma City lifestyle in Memphis, you'd need to earn:
$76,469/year
▲ $1,469 more than you make now
| Category | Oklahoma City | Memphis |
|---|---|---|
| Salary | $75,000 | $76,469 |
| Federal Income Tax | -$8,114 | -$8,437 |
| Social Security | -$4,650 | -$4,741 |
| Medicare | -$1,088 | -$1,109 |
| State Tax | -$3,374 | -$0 |
| Take-Home Pay | $57,775 | $62,182 |
Why the difference
- Cost of living is +2.0% in Memphis
- Housing is +8.0% in Memphis
- At the same $75,000 salary, you'd save $3,374/year in taxes in Memphis
Estimated Moving Costs
Distance: ~422 miles
DIY Truck
$2,000
Container
$3,500
Full-Service
$5,000
Salary Equivalents: Oklahoma City to Memphis
| Your Oklahoma City Salary | Memphis Equivalent | Difference | Memphis Take-Home |
|---|---|---|---|
| $40,000 | $40,784 | +$784 | $34,808 |
| $50,000 | $50,979 | +$979 | $43,000 |
| $60,000 | $61,175 | +$1,175 | $51,193 |
| $75,000 | $76,469 | +$1,469 | $62,182 |
| $100,000 | $101,959 | +$1,959 | $80,114 |
| $150,000 | $152,938 | +$2,938 | $115,286 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Oklahoma City and Memphis Compare
Housing (8% more expensive in Memphis)
The average 1-bedroom apartment in Memphis rents for $950/month compared to $940/month in Oklahoma City. Median home prices: $236,000 in Memphis vs $260,000 in Oklahoma City.
Taxes
Oklahoma has a progressive state income tax from 0.3% to 4.8%. Tennessee has no state income tax. On a $75,000 salary, moving to Memphis would save you about $3,374/year in taxes alone.
Overall Cost of Living
Memphis's overall cost of living is 2.0% higher than Oklahoma City, based on the BEA Regional Price Parity index (where 100 = national average).Oklahoma City: 90.4, Memphis: 92.2.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Oklahoma City 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 →