Moving from Memphis to Nashville
Your paycheck buys slightly less in Nashville than in Memphis (-4.3%); you'd need about $73,700 to break even. Compare taxes, rent, home prices and the cost of the move.
Equal salary in Nashville: $73,700
Compare any two of 149 U.S. metro areas. All cities
To keep the same lifestyle, you need about $73,700 in Nashville, TN to match $70,000 in Memphis, TN ($3,700 more), after 2026 taxes and local prices.
Single filer, W-2 salary. Both are in Tennessee, which has no state income tax on wages; neither city levies a resident income tax.
Prices and housing cover the metro area; taxes use Tennessee, its principal state. A metro can span several states; living in its other state can change the tax result.
Memphis vs Nashville: key facts
- Median rent
- $1,330 → $1,627/mo
- Median home value
- $282,900 → $449,300
- Median household income
- $68,124 → $88,800
- Price level (U.S. = 100)
- 92.2 → 96.3
- FEMA county-score mean
- Very high county-score mean (92.9 → 84.9 of 100)
Memphis vs Nashville cost of living
The vertical line marks the U.S. average (100).
| Measure | Memphis, TN | Nashville, TN |
|---|---|---|
| Overall price level (U.S. = 100) | 92.2 | 96.3 |
| Median rent | $1,330 | $1,627 |
| Income to rent affordably (30%) | $53,200 | $65,080 |
| Median home value | $282,900 | $449,300 |
| Monthly cost to own (20% down) | $1,817 | $2,745 |
| Income needed to buy | $77,887 | $117,632 |
| Median property tax | $1,898 | $2,140 |
| State income tax on $70,000 | $0 | $0 |
| Metro population | 1,337,653 | 2,151,715 |
Metro-area figures (Census ACS 2024, BEA 2024). The fixed tax rows above use an illustrative single-earner salary of $70,000, rounded from Memphis's median household income. Household income can include multiple earners; it is not a typical individual wage. Taxes use each metro's principal state. A metro can span several states; residence in its other state can change the tax result.
Your yearly budget: Memphis vs Nashville
This fixed budget example uses $70,000, single filing and residence inside the principal city tax areas. It does not change with the calculator above.
On a $70,000 salary, taxes, gross rent including basic utilities, one car and health insurance for one adult come to $39,274 a year in Memphis and $42,838 in Nashville if you rent: $3,564 more after the move. If you buy the median home, those selected costs use mortgage, property tax, homeowners insurance and electricity instead of gross rent; they come to $46,994 and $58,123 ($11,129 more).
Your yearly budget, before vs after
| Yearly cost | MemphisBefore | NashvilleAfter | Change |
|---|---|---|---|
| Income and payroll taxes on $70,000, single filer | $11,925 | $11,925 | $0 |
| Car insurance one car, state average | $1,050 | $1,050 | $0 |
| Gas 12,000 miles at 25 mpg | $1,807 | $1,807 | $0 |
| Health insurance one adult, age 40, own plan before subsidies | $8,532 | $8,532 | $0 |
| If you rent | |||
| Rent and basic utilities ACS median gross rent, 12 months | $15,960 | $19,524 | +$3,564 |
| Total if you rent | $39,274 | $42,838 | +$3,564 |
| If you buy the median home (20% down) | |||
| Mortgage payment median home, 20% down, 7.24% | $18,508 | $29,395 | +$10,887 |
| Property tax median home | $1,898 | $2,140 | +$242 |
| Homeowners insurance state median, with a mortgage | $1,402 | $1,402 | $0 |
| Electricity state average bill | $1,872 | $1,872 | $0 |
| Total if you buy | $46,994 | $58,123 | +$11,129 |
Taxes: 2026 federal and state rules, plus the principal city's resident income tax where it has one, standard deduction. Rent, home value and property tax: Census ACS 2024 metro-area medians. Gross rent includes tenant-paid electricity, gas, water/sewer and fuels; those basic utilities are not added again. Mortgage: Freddie Mac 30-year average (7.24%, week of October 29, 2026).
State figures for the principal state: EIA 2025 average residential power bill (buyers only), NAIC 2023 auto insurance (average per car), Census ACS 2024 homeowners insurance (median for owners with a mortgage; premiums have risen since), AAA regular gas on October 29, 2026, and the KFF 2026 benchmark silver Marketplace premium. Job-based health coverage usually costs you less, and in 2026 incomes between 100% and 400% of the federal poverty level can get a premium tax credit.
Not included: sales tax (combined state and local rates are not in our data yet), food, car payments and other spending.
Child care is not in the totals. Full-time center care for one infant averages $13,926 a year in Memphis and $13,926 in Nashville (Child Care Aware of America, 2025 (2024 fallback for Colorado, Washington, DC and South Carolina) state averages).
Who moves from Memphis to Nashville
About 1,171 households (1,904 people) moved from the Memphis metro area to the Nashville metro area in 2022–2023, making Nashville the #1 destination for people leaving Memphis among the 149 metro areas we cover. 688 households moved the other way. Their average adjusted gross income was $75,930.
Cost to move from Memphis to Nashville
| Moving method (2–3 bedrooms) | Typical range |
|---|---|
| Rental truck (DIY) | $320–$690 |
| Moving container | $1,110–$2,090 |
| Full-service movers | $1,850–$5,050 |
Natural hazard risk: Memphis vs Nashville
RelocateMath's population-weighted means of FEMA county risk scores are 92.9 for the Memphis area and 84.9 for the Nashville area, on the county-score scale of 0–100. These means are not official FEMA metro ratings or national metro percentiles. Modeled expected yearly losses from natural hazards average $584 vs $393 per resident; individual properties can differ.
The vertical line marks county-score scale midpoint (50).
The vertical line marks county-score scale midpoint (50).
Frequently asked questions
Is Nashville cheaper than Memphis?
Overall prices in the Nashville area are 4.4% higher than in Memphis (BEA Regional Price Parities 2024). Median rent is $1,627 vs $1,330 a month, and the median home is $449,300 vs $282,900.
What salary do I need in Nashville to match $100,000 in Memphis?
About $105,000 in a fixed single-filer W-2 example assuming residence inside both principal cities. It accounts for 2026 federal and principal-state taxes, modeled resident local taxes where applicable, and metro prices. Both are in Tennessee, which has no state income tax on wages. This illustration stays fixed when calculator inputs change.
How much does it cost to move from Memphis to Nashville?
For a 2–3 bedroom home over about 230 miles: roughly $320–$690 with a rental truck, $1,110–$2,090 with a container, or $1,850–$5,050 with full-service movers.
How many people move from Memphis to Nashville?
IRS county migration data for 2022–2023 show about 1,171 households (1,904 people) moved from the Memphis metro area to the Nashville metro area, and 688 moved the other way.
Related
Where people from Memphis move
- Dallas 995 households
- Atlanta 502 households
- Houston 455 households
- Chicago 305 households
- Little Rock 257 households
- Knoxville 228 households
- Los Angeles 186 households
- Tampa 180 households
State-agency links identify the responsible tax office; they do not verify every modeled rule. Use forms and guidance for the year you are filing.