Indianapolis-Carmel-Greenwood Memphis

Relocation analysis based on 7 federal data sources

Should you move?

Moving from Indianapolis-Carmel-Greenwood to Memphis is neutral, depends on priorities: BEA regional price parity goes from 95.7 to 92.2 (US = 100), and HUD 2-bedroom rent falls by $199/mo.

-$5,264
BLS median salary lower in Memphis
308 to 602
violent crimes per 100K (FBI UCR, state-level)
15.9:1 to 15.3:1
NCES student-teacher ratio

BEA Regional Price Parity, HUD Fair Market Rent, BLS OEWS, FBI UCR, NCES, and DOL. The table below lets you override the composite with your own priorities.

Verdict
Neutral, depends on priorities
Cost Index: 95.7 → 92.2
Rent Delta: -$199/mo

Pros of Moving

  • + 4% lower cost of living
  • + $199/mo cheaper rent (2BR)

Cons of Moving

  • - $5K lower median salary
  • - Higher violent crime rate

Purchasing power stays near-even: BEA RPP moves only from 95.7 to 92.2 (ratio 0.96), inside a ±5% band. HUD 2BR Fair Market Rent drops $199/mo ($2,388/yr) from $1,473 in Indianapolis-Carmel-Greenwood to $1,274 in Memphis.

The seven-dimension ledger splits (4 destination wins · 2 origin wins); priorities decide this move. Memphis sits #300 of 387 metros on PlainRelocate livability (bottom third of the corpus). Indianapolis-Carmel-Greenwood is #286/387 on the same ranking. Composite verdict: Neutral, depends on priorities. Override it with the dimension table below.

BLS OEWS median salary moves $5,264 lower ($70,366 → $65,102). Labor-market size: 1,085,370 tracked jobs at origin vs 597,090 at destination.

State retirement friendliness is near-even: Indiana 62 (C, #24/51) vs Tennessee 66 (C, #17/51). Full state tax and healthcare sub-scores sit in the retirement desk below.

Dimension
Indianapolis-Carmel-Greenwood
Memphis
Winner
Cost of Living
RPP 95.7
RPP 92.2
Memphis
Rent (2BR)
$1,473/mo
$1,274/mo
Memphis
Wages
$70,366
$65,102
Indianapolis-Carmel-Greenwood
Crime
308 per 100K
602 per 100K
Indianapolis-Carmel-Greenwood
Schools
15.9:1
15.3:1
Memphis
Childcare
N/A
$7,860/yr
Tie
Environment
1514 violations
1192 violations
Memphis

State retirement friendliness

Primary-state scores from PlainRelocate's retirement registry (tax + healthcare + climate composite). Metro pairs use each metro's primary state abbreviation.

Origin state · Indiana
62 C #24/51
Income tax
72
Property tax
69
Estate tax
100
Healthcare
32
Destination state · Tennessee
66 C #17/51
Income tax
100
Property tax
80
Estate tax
100
Healthcare
36

Full retirement ranking · Source composite documented on methodology (Tax Foundation + AARP tax guides + federal healthcare/climate inputs).

Salary Adjustment Calculator

Enter your current salary in Indianapolis-Carmel-Greenwood to see what you'd need to earn in Memphis to maintain the same purchasing power.

Equivalent salary in Memphis
-

Source: BEA Regional Price Parities, HUD Fair Market Rents, BLS OES, FBI UCR, NCES, DOL, EPA; retirement desk: Tax Foundation + AARP tax guides June 2026