Richmond, VA vs Memphis, TN
Overall prices in Memphis, TN run 6% lower than in Richmond, VA. To keep the same lifestyle you would need $94k in Memphis, TN for every $100k you earn in Richmond, VA.
| Salary in Richmond, VA | Equivalent in Memphis, TN | Take-home in VA | Take-home in TN |
|---|---|---|---|
| $50,000 | $47,098 | $3,300/mo | $3,335/mo |
| $75,000 | $70,648 | $4,789/mo | $4,878/mo |
| $100,000 | $94,197 | $6,140/mo | $6,258/mo |
| $150,000 | $141,295 | $8,795/mo | $8,987/mo |
$1,447Median rent, Richmond, VA
$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.