City Intelligence

Memphis, TN

Premium salary, cost-of-living, and purchasing-power profile for Memphis.

COL Index

84

100 = US avg

Rent 1BR

$1,200

Home price

$170,000

Population

633,000

SalaryScope Scores

Proprietary 0–100 indices for Memphis.

Affordability

46/100

Moderate

46

Lower COL + rent

Purchasing Power

65/100

Strong

65

On a $75k salary after tax

Growth

65/100

Strong

65

Market size & momentum

Top occupations in Memphis

OccupationMedianPPFuture
Physician$200,80010080
Investment Banker$151,20010080
Corporate Counsel$151,20010060
Senior Software Engineer$147,00010092
PMO Director$138,6009880
Product Manager (Tech)$134,4009680
Enterprise Sales Rep$134,4009680
Director of Customer Experience$121,8009080
Data Scientist$117,6008892
Senior Program Manager$117,6008880

Cost of living detail

$100,000 in Memphis has the local purchasing power of approximately $119,000 in a national-average city.