Memphis, TN

Salary intelligence, cost of living, and affordability data

All 561 jobs →

Avg Salary

$59,942

across all roles

Cost Index

Below Average

Avg Rent

$1,341/mo

1-bed apartment

Affordability

5/10

Moderate Affordability

How affordable is Memphis?

5/10

Moderate Affordability

Purchasing power score: 1.56× (take-home ÷ living costs)

With a cost of living index of 90 (US avg = 100) and average disposable income of $1,315/mo, Memphis is a mid-tier cost market with reasonable affordability across most income levels.

Cost of Living Benchmarks

Cost Index

US avg = 100

Est. Monthly Rent

$1,341

1-bed, city avg

Avg Disposable

$1,315

after taxes + living costs

Median Salary

$50,730

across all tracked roles

Purchasing Power

1.56×

take-home ÷ costs

Jobs Tracked

561

job titles with data

Highest-Paying Jobs in Memphis

By gross annual salary

1.Orthopedic Surgeons
$216,380
2.Pediatricians
$208,050
3.Nurse Anesthetists
$192,670
4.Chief Executives
$178,340
5.Dentists
$175,810
6.Architectural And Engineering Managers
$173,990
7.Natural Sciences Managers
$166,330
8.Commercial Pilots
$158,580
9.Computer And Information Systems Managers
$152,110
10.Purchasing Managers
$144,480

Best Jobs for Disposable Income

After taxes and living costs

1.Orthopedic Surgeons
$10,831/mo
2.Pediatricians
$10,324/mo
3.Nurse Anesthetists
$9,389/mo
4.Chief Executives
$8,517/mo
5.Dentists
$8,363/mo
6.Architectural And Engineering Managers
$8,252/mo
7.Natural Sciences Managers
$7,786/mo
8.Commercial Pilots
$7,315/mo
9.Computer And Information Systems Managers
$6,921/mo
10.Purchasing Managers
$6,457/mo

Jobs With Tightest Budgets in Memphis

These roles leave the least disposable income after living costs — worth knowing before accepting an offer.

Medical Assistants

$2/mo left

$38,360/yr gross

Ophthalmic Laboratory Technicians

$13/mo left

$38,540/yr gross

Tutors

$14/mo left

$38,570/yr gross

Phlebotomists

$16/mo left

$38,600/yr gross

Refuse And Recyclable Material Collectors

$19/mo left

$38,650/yr gross

Explore Memphis Further

All Salaries

561 job titles →

Browse by Job

Find a role in any city →

City Rankings

Best cities for pay →

All data derived from BLS OEWS metro data and regional cost-of-living indices. Figures are estimates; verify with local sources before making decisions.