Moving from Denver to Memphis

You'd keep $125 more a month in Memphis

+$1,500 a year for the same registered nurse, the same household size, and the same number of bedrooms.

Denver leftover

$2,630

a month after tax and rent

Memphis leftover

$2,755

+$125 vs Denver

155 went the other way. The whole move →

Monthly and annual budget comparison between Denver, CO and Memphis, TN
Per monthDenverMemphisDifference
Gross pay$8,250$7,083−$1,167
Income and payroll tax$2,057$1,401−$656
Take-home pay$6,193$5,681−$512
Rent$1,490$1,058−$432
Getting around$551$548−$3
Groceries$420$364−$56
Healthcare$473$410−$63
Utilities$263$228−$35
Everything else$368$319−$49
Left over$2,630$2,755+$125

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

$83,000

Household gross, versus $99,000 today. That's the salary that leaves you exactly as much at the end of the month as Denver does now.

The tax difference alone

+$3,714

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

More about Memphis

Denver, CO in full

Mountains in an hour, 245 sunny days, and a flat 4.4% state tax.

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.

MemphisDenver

Questions

Is the cost of living lower in Memphis than Denver?

A one-bedroom is about $1,490 in Denver versus $1,058 in Memphis. On a one-adult, one-bedroom household, leftover is about $125 a month higher in Memphis. Change the job or household on the comparison to see your number.

Does Memphis have state income tax?

Memphis is in Tennessee, which has no state income tax.

What changes if you move from Denver to Memphis?

Take-home pay is recalculated under Tennessee tax, rent is priced at the same bedroom count, and leftover is the gap. The from-to page also lists IRS households that already made the move, when that data exists.

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.