Moving from Virginia Beach to Memphis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Virginia Beach lifestyle in Memphis, you'd need to earn:
$64,462/year
▼ $10,538 less than you make now
| Category | Virginia Beach | Memphis |
|---|---|---|
| Salary | $75,000 | $64,462 |
| Federal Income Tax | -$8,114 | -$5,796 |
| Social Security | -$4,650 | -$3,997 |
| Medicare | -$1,088 | -$935 |
| State Tax | -$4,055 | -$0 |
| Take-Home Pay | $57,094 | $53,735 |
Why the difference
- Cost of living is -5.9% in Memphis
- Housing is -18.6% in Memphis
- At the same $75,000 salary, you'd save $4,055/year in taxes in Memphis
Estimated Moving Costs
Distance: ~795 miles
DIY Truck
$3,000
Container
$5,000
Full-Service
$7,000
Salary Equivalents: Virginia Beach to Memphis
| Your Virginia Beach Salary | Memphis Equivalent | Difference | Memphis Take-Home |
|---|---|---|---|
| $40,000 | $35,093 | -$4,907 | $30,236 |
| $50,000 | $43,827 | -$6,173 | $37,254 |
| $60,000 | $52,560 | -$7,440 | $44,270 |
| $75,000 | $64,462 | -$10,538 | $53,735 |
| $100,000 | $86,056 | -$13,944 | $68,926 |
| $150,000 | $128,702 | -$21,298 | $98,721 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Virginia Beach and Memphis Compare
Housing (19% cheaper in Memphis)
The average 1-bedroom apartment in Memphis rents for $950/month compared to $1,630/month in Virginia Beach. Median home prices: $236,000 in Memphis vs $340,000 in Virginia Beach.
Taxes
Virginia has a progressive state income tax from 2.0% to 5.8%. Tennessee has no state income tax. On a $75,000 salary, moving to Memphis would save you about $4,055/year in taxes alone.
Overall Cost of Living
Memphis's overall cost of living is 5.9% lower than Virginia Beach, based on the BEA Regional Price Parity index (where 100 = national average).Virginia Beach: 97.9, Memphis: 92.2.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Virginia Beach 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 →