Paycheck Atlas

Minneapolis, MN vs Memphis, TN

Overall prices in Memphis, TN run 12% lower than in Minneapolis, MN. To keep the same lifestyle you would need $88k in Memphis, TN for every $100k you earn in Minneapolis, MN.

Salary in Minneapolis, MNEquivalent in Memphis, TNTake-home in MNTake-home in TN
$50,000$43,969$3,246/mo$3,126/mo
$75,000$65,954$4,708/mo$4,598/mo
$100,000$87,939$6,032/mo$5,891/mo
$150,000$131,908$8,633/mo$8,452/mo
$1,440Median rent, Minneapolis, MN
$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 Minneapolis, MN