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Richmond vs Memphis Cost of Living

Memphis is 13% less expensive than Richmond

Richmond, VA

Cost of Living Index 99.8
H-1B Avg Salary $115,802
H-1B Filings 285
View full H-1B data →

Memphis, TN

Cost of Living Index 87.2
H-1B Avg Salary $102,218
H-1B Filings 264
View full H-1B data →

A $100,000 salary in Richmond equals $87,375 in Memphis

Salary Conversion Table

What your salary in Richmond is worth in Memphis

Richmond Memphis Difference
$50,000 = $43,687 $-6,313
$60,000 = $52,425 $-7,575
$70,000 = $61,162 $-8,838
$75,000 = $65,531 $-9,469
$80,000 = $69,900 $-10,100
$90,000 = $78,637 $-11,363
$100,000 = $87,375 $-12,625
$110,000 = $96,112 $-13,888
$120,000 = $104,850 $-15,150
$125,000 = $109,218 $-15,782
$130,000 = $113,587 $-16,413
$140,000 = $122,325 $-17,675
$150,000 = $131,062 $-18,938
$160,000 = $139,800 $-20,200
$175,000 = $152,906 $-22,094
$180,000 = $157,275 $-22,725
$200,000 = $174,749 $-25,251
$225,000 = $196,593 $-28,407
$250,000 = $218,437 $-31,563
$300,000 = $262,124 $-37,876

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Frequently Asked Questions

Is Memphis more expensive than Richmond? +

No, Memphis is 13% less expensive than Richmond. The cost of living index is 87.2 compared to 99.8.

What salary do I need in Memphis to live like I do in Richmond? +

To maintain your current standard of living, multiply your Richmond salary by 0.87. For example, a $100,000 salary would need to be $87,375 in Memphis.

What are the biggest cost differences between the cities? +

Housing is typically the largest factor in cost of living differences between cities. Other significant factors include transportation costs, groceries, and healthcare expenses. Use our detailed comparison above to understand the overall cost difference.