Moving from Omaha to Memphis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Omaha lifestyle in Memphis, you'd need to earn:
$70,204/year
▼ $4,796 less than you make now
| Category | Omaha | Memphis |
|---|---|---|
| Salary | $75,000 | $70,204 |
| Federal Income Tax | -$8,114 | -$7,059 |
| Social Security | -$4,650 | -$4,353 |
| Medicare | -$1,088 | -$1,018 |
| State Tax | -$3,543 | -$0 |
| Take-Home Pay | $57,605 | $57,775 |
Why the difference
- Cost of living is +0.3% in Memphis
- Housing is -7.6% in Memphis
- At the same $75,000 salary, you'd save $3,543/year in taxes in Memphis
Estimated Moving Costs
Distance: ~529 miles
DIY Truck
$3,000
Container
$5,000
Full-Service
$7,000
Salary Equivalents: Omaha to Memphis
| Your Omaha Salary | Memphis Equivalent | Difference | Memphis Take-Home |
|---|---|---|---|
| $40,000 | $37,964 | -$2,036 | $32,543 |
| $50,000 | $47,355 | -$2,645 | $40,088 |
| $60,000 | $56,746 | -$3,254 | $47,634 |
| $75,000 | $70,204 | -$4,796 | $57,775 |
| $100,000 | $93,412 | -$6,588 | $74,101 |
| $150,000 | $139,590 | -$10,410 | $106,163 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Omaha and Memphis Compare
Housing (8% cheaper in Memphis)
The average 1-bedroom apartment in Memphis rents for $950/month compared to $1,100/month in Omaha. Median home prices: $236,000 in Memphis vs $290,000 in Omaha.
Taxes
Nebraska has a progressive state income tax from 2.5% to 5.2%. Tennessee has no state income tax. On a $75,000 salary, moving to Memphis would save you about $3,543/year in taxes alone.
Overall Cost of Living
Memphis's overall cost of living is 0.3% higher than Omaha, based on the BEA Regional Price Parity index (where 100 = national average).Omaha: 91.9, Memphis: 92.2.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Omaha 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 →