Uprootmap

Dallas, TXMemphis, TN

Moving to Memphis costs you $266 a month

−$3,192 a year for the same registered nurse, the same household size, and the same number of bedrooms.

In 2022-2023, 394 households moved DallasMemphis (avg AGI $54,135). 995 went the other way. The whole move →

Monthly and annual budget comparison between Dallas, TX and Memphis, TN
Per monthDallasMemphisDifference
Gross pay$7,958$7,100−$858
Income and payroll tax$1,661$1,406−$254
Take-home pay$6,298$5,694−$604
Rent$1,263$1,058−$205
Getting around$580$548−$32
Groceries$392$364−$28
Healthcare$441$410−$31
Utilities$245$228−$17
Everything else$343$319−$24
Left over$3,034$2,768−$266

To break even in Memphis, you'd need to earn

$89,500

Household gross, versus $95,500 today. That's the salary that leaves you exactly as much at the end of the month as Dallas does now.

The tax difference alone

$0

A year, in state and local income tax. Tennessee has no wage income tax.

More about Memphis

Dallas, TX in full

No income tax, endless new construction, and a 1.5% property tax bill.

Memphis, TN in full

No income tax and a logistics economy; wages trail the national median.

The reverse move

Same two cities, but starting from Memphis on Memphis wages.

MemphisDallas

Rent is Zillow's asking rent for each metro; taxes and living costs are modelled. An estimate, not a quote or tax advice. How this is calculated.