Paycheck Atlas

Memphis, TN vs Minneapolis, MN

Overall prices in Minneapolis, MN run 14% higher than in Memphis, TN. To keep the same lifestyle you would need $114k in Minneapolis, MN for every $100k you earn in Memphis, TN.

Salary in Memphis, TNEquivalent in Minneapolis, MNTake-home in TNTake-home in MN
$50,000$56,858$3,530/mo$3,667/mo
$75,000$85,287$5,133/mo$5,252/mo
$100,000$113,716$6,598/mo$6,758/mo
$150,000$170,574$9,483/mo$9,688/mo
$1,220Median rent, Memphis, TN
$1,440Median rent, Minneapolis, MN

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: Minneapolis, MN vs Memphis, TN