Relocation: New York-Newark-Jersey City, NY-NJ to Memphis, TN-MS-AR
Data updated · Sources: HUD FY 2027 Fair Market Rents, EPI 2026 Family Budget, 2026 tax tables · Methodology
Income tax, HUD Fair Market Rents and EPI living costs for a move from New York-Newark-Jersey City, NY-NJ to Memphis, TN-MS-AR.
Interactive Purchasing Power Equivalency Workbench
Adjust your current salary at origin to dynamically compute the statutory tax burden, housing costs, and discretionary cash in both markets.
New York-Newark-Jersey City, NY-NJ
Memphis, TN-MS-AR
Itemized Cost of Living Expenditure Arbitrage
Category-by-category breakdown of monthly baseline consumption between origin and destination.
| Expenditure Category | New York-Newark-Jersey City (Monthly) | Memphis (Monthly) | Monthly Delta ($) | Difference (%) |
|---|---|---|---|---|
| Housing (1BR Fair Market Rent) | $2,729 | $1,191 | -$1,538 | -56.4% |
| Food & Groceries | $426 | $362 | -$64 | -15.0% |
| Transportation | $693 | $1,039 | +$346 | +49.9% |
| Healthcare | $748 | $487 | -$261 | -34.9% |
| Other Necessities | $879 | $456 | -$423 | -48.1% |
| Total Taxes (Federal, State, Local, FICA) | $2,427 | $1,735 | -$692 | -28.5% |
HUD Fair Market Rent Differential
EPI Living Wage Benchmark Comparison
Top Local Occupations Wage Parity
BLS median wage comparisons across benchmark roles between both metropolitan labor markets.
| Occupation Title | Industry Sector | New York-Newark-Jersey City Median | Memphis Median | Nominal Wage Delta | Action |
|---|---|---|---|---|---|
| Registered Nurse (RN)Healthcare | Healthcare | $119,720 | $81,500 | -$38,220 (-31.9%) | View Dossier |
| General and Operations ManagersFinance & Management | Finance & Management | $157,000 | $102,510 | -$54,490 (-34.7%) | View Dossier |
| Software EngineerTechnology | Technology | $166,830 | $125,580 | -$41,250 (-24.7%) | View Dossier |
| Accountant & AuditorFinance | Finance | $105,650 | $76,960 | -$28,690 (-27.2%) | View Dossier |
| Financial ManagerFinance | Finance | $221,010 | $143,880 | -$77,130 (-34.9%) | View Dossier |
| Project Management SpecialistBusiness Operations | Business Operations | $126,660 | $85,130 | -$41,530 (-32.8%) | View Dossier |
| Management AnalystBusiness Operations | Business Operations | $124,390 | $94,980 | -$29,410 (-23.6%) | View Dossier |
| Computer and Information Systems ManagersFinance & Management | Finance & Management | $215,300 | $161,790 | -$53,510 (-24.9%) | View Dossier |
| Marketing ManagersFinance & Management | Finance & Management | $192,840 | $132,540 | -$60,300 (-31.3%) | View Dossier |
| Financial AnalystFinance | Finance | $128,930 | $91,180 | -$37,750 (-29.3%) | View Dossier |
| Sales ManagersFinance & Management | Finance & Management | $215,150 | $128,560 | -$86,590 (-40.2%) | View Dossier |
| ElectricianSkilled Trades | Skilled Trades | $79,020 | $60,890 | -$18,130 (-22.9%) | View Dossier |
Major US Inter-Metro Relocation Corridors
Empirical cost differentials and statutory tax savings across high-volume migration routes.
On $100k: $8,301 less tax and $14,388 less 1BR rent a year
On $100k: $6,211 less tax and $17,676 less 1BR rent a year
On $100k: $4,805 less tax and $2,928 less 1BR rent a year
On $100k: $1,729 less tax and $19,884 less 1BR rent a year
On $100k: $4,113 less tax and $10,908 less 1BR rent a year
On $100k: $3,761 more tax and $4,188 less 1BR rent a year
On $100k: $1,299 less tax and $11,592 less 1BR rent a year
On $100k: $8,301 less tax and $7,296 less 1BR rent a year
New York-Newark-Jersey City, NY-NJ to Memphis, TN-MS-AR Relocation FAQs
About $59,000. That scales $100,000 by the ratio of the metros' cost-of-living indexes (181.0 in New York-Newark-Jersey City, NY-NJ, 106.9 in Memphis, TN-MS-AR, from EPI family budgets); taxes are compared separately below.
New York-Newark-Jersey City, NY-NJ to Memphis, TN-MS-AR: State Paychecks, Rents & Reciprocal Corridor
New York-Newark-Jersey City, NY-NJ to Memphis, TN-MS-AR: 2026 federal, state & local income tax, HUD Fair Market Rents & EPI living costs compared on the same.
Quick answers
About $59,000. That scales $100,000 by the ratio of the metros' cost-of-living indexes (181.0 in New York-Newark-Jersey City, NY-NJ, 106.9 in Memphis, TN-MS-AR, from EPI family budgets); taxes are compared separately below.
EPI's family budgets for a single adult put overall living costs 41.0% lower in Memphis, TN-MS-AR than in New York-Newark-Jersey City, NY-NJ. The budgets cover housing, food, transportation, health care and other necessities.