Paycheck Atlas

Indianapolis, IN vs Memphis, TN

Overall prices in Memphis, TN run 4% lower than in Indianapolis, IN. To keep the same lifestyle you would need $96k in Memphis, TN for every $100k you earn in Indianapolis, IN.

Salary in Indianapolis, INEquivalent in Memphis, TNTake-home in INTake-home in TN
$50,000$48,162$3,405/mo$3,407/mo
$75,000$72,244$4,945/mo$4,971/mo
$100,000$96,325$6,348/mo$6,383/mo
$150,000$144,487$9,108/mo$9,169/mo
$1,191Median rent, Indianapolis, IN
$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.

Compare the other way: Memphis, TN vs Indianapolis, IN