Paycheck Atlas

Memphis, TN vs Richmond, VA

Overall prices in Richmond, VA run 6% higher than in Memphis, TN. To keep the same lifestyle you would need $106k in Richmond, VA for every $100k you earn in Memphis, TN.

Salary in Memphis, TNEquivalent in Richmond, VATake-home in TNTake-home in VA
$50,000$53,080$3,530/mo$3,493/mo
$75,000$79,621$5,133/mo$5,039/mo
$100,000$106,161$6,598/mo$6,473/mo
$150,000$159,241$9,483/mo$9,279/mo
$1,220Median rent, Memphis, TN
$1,447Median rent, Richmond, VA

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: Richmond, VA vs Memphis, TN