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:
$66,926/year
▼ $8,074 less than you make now
| Category | Phoenix | Memphis |
|---|---|---|
| Salary | $75,000 | $66,926 |
| Federal Income Tax | -$8,114 | -$6,338 |
| Social Security | -$4,650 | -$4,149 |
| Medicare | -$1,088 | -$970 |
| State Tax | -$1,875 | -$0 |
| Take-Home Pay | $59,274 | $55,468 |
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 | $35,694 | -$4,306 | $30,719 |
| $50,000 | $44,617 | -$5,383 | $37,888 |
| $60,000 | $53,541 | -$6,459 | $45,059 |
| $75,000 | $66,926 | -$8,074 | $55,468 |
| $100,000 | $89,234 | -$10,766 | $71,162 |
| $150,000 | $133,851 | -$16,149 | $102,240 |
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 →