Chicago, IL vs Memphis, TN
Overall prices in Memphis, TN run 11% lower than in Chicago, IL. To keep the same lifestyle you would need $89k in Memphis, TN for every $100k you earn in Chicago, IL.
| Salary in Chicago, IL | Equivalent in Memphis, TN | Take-home in IL | Take-home in TN |
|---|---|---|---|
| $50,000 | $44,490 | $3,323/mo | $3,161/mo |
| $75,000 | $66,735 | $4,823/mo | $4,648/mo |
| $100,000 | $88,980 | $6,186/mo | $5,952/mo |
| $150,000 | $133,470 | $8,864/mo | $8,541/mo |
$1,430Median rent, Chicago, IL
$1,220Median rent, Memphis, TN
Equivalent salary scales by BEA Regional Price Parities (all items). Take-home columns apply each state's tax to the matching salary, so the equivalent salary is not the same as the same take-home.