Moving from Phoenix to Memphis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Phoenix lifestyle in Memphis, you'd need to earn:
$63,266/year
▼ $11,734 less than you make now
| Category | Phoenix | Memphis |
|---|---|---|
| Salary | $75,000 | $63,266 |
| Federal Income Tax | -$8,114 | -$5,553 |
| Social Security | -$4,650 | -$3,922 |
| Medicare | -$1,088 | -$917 |
| State Tax | -$1,875 | -$0 |
| Take-Home Pay | $59,274 | $52,873 |
Why the difference
- Cost of living is -10.8% in Memphis
- Housing is -34.2% in Memphis
- At the same $75,000 salary, you'd save $1,875/year in taxes in Memphis
Estimated Moving Costs
Distance: ~1,260 miles
DIY Truck
$4,000
Container
$6,500
Full-Service
$9,000
Salary Equivalents: Phoenix to Memphis
| Your Phoenix Salary | Memphis Equivalent | Difference | Memphis Take-Home |
|---|---|---|---|
| $40,000 | $34,316 | -$5,684 | $29,611 |
| $50,000 | $42,930 | -$7,070 | $36,533 |
| $60,000 | $51,603 | -$8,397 | $43,502 |
| $75,000 | $63,266 | -$11,734 | $52,873 |
| $100,000 | $84,799 | -$15,201 | $68,042 |
| $150,000 | $127,267 | -$22,733 | $97,740 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Phoenix and Memphis Compare
Housing (34% cheaper in Memphis)
The average 1-bedroom apartment in Memphis rents for $950/month compared to $1,195/month in Phoenix. Median home prices: $236,000 in Memphis vs $460,000 in Phoenix.
Taxes
Arizona has a flat 2.5% state income tax. Tennessee has no state income tax. On a $75,000 salary, moving to Memphis would save you about $1,875/year in taxes alone.
Overall Cost of Living
Memphis's overall cost of living is 10.8% lower than Phoenix, based on the BEA Regional Price Parity index (where 100 = national average).Phoenix: 103.3, Memphis: 92.2.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Phoenix to Memphis move. Average cost: $4,000–$9,000.
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 →