Moving from Philadelphia to Memphis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Philadelphia lifestyle in Memphis, you'd need to earn:
$67,382/year
▼ $7,618 less than you make now
| Category | Philadelphia | Memphis |
|---|---|---|
| Salary | $75,000 | $67,382 |
| Federal Income Tax | -$8,114 | -$6,438 |
| Social Security | -$4,650 | -$4,178 |
| Medicare | -$1,088 | -$977 |
| State Tax | -$2,303 | -$0 |
| Take-Home Pay | $58,846 | $55,789 |
Why the difference
- Cost of living is -10.2% in Memphis
- Housing is -29.4% in Memphis
- At the same $75,000 salary, you'd save $2,303/year in taxes in Memphis
Estimated Moving Costs
Distance: ~879 miles
DIY Truck
$3,000
Container
$5,000
Full-Service
$7,000
Salary Equivalents: Philadelphia to Memphis
| Your Philadelphia Salary | Memphis Equivalent | Difference | Memphis Take-Home |
|---|---|---|---|
| $40,000 | $35,937 | -$4,063 | $30,914 |
| $50,000 | $44,922 | -$5,078 | $38,133 |
| $60,000 | $53,906 | -$6,094 | $45,352 |
| $75,000 | $67,382 | -$7,618 | $55,789 |
| $100,000 | $89,843 | -$10,157 | $71,591 |
| $150,000 | $134,765 | -$15,235 | $102,865 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Philadelphia and Memphis Compare
Housing (29% cheaper in Memphis)
The average 1-bedroom apartment in Memphis rents for $950/month compared to $1,400/month in Philadelphia. Median home prices: $236,000 in Memphis vs $400,000 in Philadelphia.
Taxes
Pennsylvania has a flat 3.1% state income tax. Tennessee has no state income tax. On a $75,000 salary, moving to Memphis would save you about $2,303/year in taxes alone.
Overall Cost of Living
Memphis's overall cost of living is 10.2% lower than Philadelphia, based on the BEA Regional Price Parity index (where 100 = national average).Philadelphia: 102.6, Memphis: 92.2.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Philadelphia 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 →