Tampa, FL vs Memphis, TN
Moving from Tampa to Memphis? Here's what changes — from your equivalent salary to housing ($360,738 → $247,229 median home) and taxes.
Tampa vs Memphis at a glance
Bars scaled to the range across all 200 metros; labels show actual values.
To keep the same standard of living as $100,000 in Tampa, FL, you'd need about $89,728 in Memphis, TN (−$10,272).
Livability — Tampa, FL: 65 · Memphis, TN: 70 (0–100).
What your home budget buys
A $500,000 home budget gets you about 2,564 sqft in Tampa vs 4,045 sqft in Memphis ($195 vs $124 per sqft).
Annual cost breakdown (at $100,000)
| Category | Tampa, FL | Memphis, TN | Difference |
|---|---|---|---|
| Housing | $24,216 | $17,292 | −$6,924 |
| Groceries | $4,949 | $4,715 | −$233 |
| Transportation | $4,800 | $3,130 | −$1,670 |
| Utilities | $1,656 | $1,608 | −$48 |
| Insurance | $4,200 | $2,200 | −$2,000 |
| Taxes | $4,642 | $5,158 | +$516 |
| Total | $44,463 | $34,103 | −$10,360 |
Side by side
| Metric | Tampa, FL | Memphis, TN |
|---|---|---|
| Cost-of-living index | 102.5 | 91.9 |
| Unemployment rate | 4.92% | 6.84% |
| Population growth (5-yr) | 7.3% | -0.6% |
| Air quality (median AQI) | 51 | 56 |
| Big Mac price (est.) | $5.83 | $5.23 |
| Median home price | $360,738 | $247,229 |
| Home price ÷ income | 5.4× | 4.0× |
| 1-yr home appreciation | -3.4% | 0.1% |
| Price per square foot | $195 | $124 |
| Median rent | $2,018 | $1,441 |
| Total tax burden (% income) | 9.1% | 7.6% |
| Combined sales tax | 7.02% | 9.55% |
| Capital gains tax | None | None |
| Property tax rate | 0.80% | 0.87% |
| Healthcare (annual) | $7,500 | $6,300 |
| Childcare (annual, infant) | $10,000 | $9,000 |
| Vehicle property tax | None | None |
| Avg commute (min) | 28 | 24 |
| Home insurance / yr | $4,200 | $2,200 |
| Auto insurance / yr | $2,900 | $1,600 |
| Flood insurance / yr | $1,400 | $700 |
| Earthquake insurance / yr | $100 | $350 |
| Electricity ¢/kWh | 15.4 | 14.9 |
| Gas $/gal | 3.35 | 2.95 |
| Violent crime /100k | 380 | 600 |
| Avg summer high °F | 91 | 89 |
| Avg winter low °F | 52 | 30 |
| Permit difficulty (1–5) | 3 | 2 |