Albany-Schenectady-Troy → Memphis
Relocation analysis based on 7 federal data sources
Verdict
Favorable
Cost Index: 99.6 → 92.2
Rent Delta: -$428/mo
Pros of Moving
- + 7% lower cost of living
- + $428/mo cheaper rent (2BR)
- + More affordable childcare
- + Fewer environmental violations
Cons of Moving
- - $10K lower median salary
- - Higher violent crime rate
- - Higher student-teacher ratios
Dimension
Albany-Schenectady-Troy
Memphis
Winner
💰 Cost of Living
RPP 99.6
RPP 92.2
Memphis
🏠 Rent (2BR)
$1,702/mo
$1,274/mo
Memphis
💼 Wages
$70,186
$59,885
Albany-Schenectady-Troy
🔒 Crime
380 per 100K
600 per 100K
Albany-Schenectady-Troy
🎓 Schools
11.7:1
15.6:1
Albany-Schenectady-Troy
👶 Childcare
$13,869/yr
$7,860/yr
Memphis
🌿 Environment
5270 violations
1091 violations
Memphis
Salary Adjustment Calculator
Enter your current salary in Albany-Schenectady-Troy to see what you'd need to earn in Memphis to maintain the same purchasing power.
Equivalent salary in Memphis
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Data: BEA (cost of living), HUD (rent), BLS (wages), FBI (crime), NCES (schools), DOL (childcare), EPA (environment)