Factors that influence moving costs from Toledo to Memphis
What to know before moving from Toledo to Memphis
Moving from Toledo to Memphis comes with exciting new opportunities โ but also higher living costs. Since Memphis is generally more expensive than Toledo, itโs important to plan ahead and budget carefully for the change.
Check out how the two cities compare so you know what to expect before you relocate:
Toledo | Memphis | |
---|---|---|
Average rent cost | $900 | $1,299 |
Average home value | $118,985 | $143,715 |
Average income (per capita) | $63,136 | $48,090 |
Cost of living (single person) | $1,830 | $1,842 |
Cost of living (family of 4) | $4,938 | $4,402 |
Unemployment rate | 6.7% | 8.0% |
Sales tax | 7.3% | 9.75% |
State income tax | 3.5% | 0.0% |
- Rent prices in Memphis are 44% higher than in Toledo, which means youโll have less money in your pocket each month.
-
In terms of homeownership, youโll be able to get more for your money in Toledo.
Home prices in Memphis are 20.8% higher than in Toledo. - Income in Memphis is 23.8% lower than in Toledo, so you could earn less for doing the same job. The top employers in Memphis include FedEx, AutoZone, and International Paper.
- The cost of living for a single person is the same in Memphis and Toledo. This includes routine expenses like utilities, groceries, clothing, and transportation.
- The cost of living for a family in Memphis is 10.9% lower than in Toledo.
- The unemployment rate in Memphis is 19.40% higher than in Toledo.
- Youโll spend more on retail and restaurants in Memphis, since the cityโs sales taxes in Memphis are 33.56% higher than in Toledo.
- One perk of moving to Memphis is paying less in state income taxes, which are 100.00% lower than in Toledo.
To put this in perspective, you would need around $3,019.67 in Memphis to maintain the same standard of life that you can have with $3,000.00 in Toledo.
How life is different in Toledo vs. Memphis
Memphis | Toledo | |
---|---|---|
Population | 633,104 | 270,871 |
AllTransit Transportation Performance Score | 4 | 3 |
Walkability score | 35 | 46 |
Bike friendliness score | 41 | 46 |
Crime Index | 77.49 | 67.44 |
Safety Index | 22.51 | 32.56 |
Air Quality | Good | Good |
- Memphis's population is about 134% greater than Toledo.
- Memphis's public transportation has a score of 4 out of 10 versus Toledo's lower score of 3.
- Memphis is less walkable than Toledo with a score of 35 out of 100 vs Toledo's 46 out of 100.
- Memphis has a bike-friendliness score 41 out of 100, which means it isn't as accessible to and safe for cyclists as Toledo, which has a score of 46 out of 100.
- Memphis's crime rate is higher than Toledo with a score of 77.49 compared to Toledo's 67.44. This means that Memphis neighborhoods are safer than 77.49% of all U.S. neighborhoods, and Toledo neighborhoods are safer than 67.44%.
- Memphis is considered to be less safe than Toledo with a score of 22.51 vs Toledo's 32.56.
- Air quality in Memphis is good, and in Toledo it's good.
Other things to consider for your Toledo vs. Memphis move
- Weather: Winter weather comes alternately from the upper Great Plains and the Gulf of Mexico, which can lead to drastic swings in temperature. Summer weather may come from Texas (very hot and humid) or the Gulf (hot and very humid). Severe thunderstorms can occur at any time of the year though mainly during the spring months. Large hail, strong winds, flooding and frequent lightning can accompany these storms. Be sure to check your weather app to avoid inclement weather during your move.
- HOA rules: To keep things running smoothly, make sure you're familiar with any HOA or community moving policies before the big day.
- Elevator reservation: Make sure to arrange elevator access in advance if your building requires reservations for moving.
- Truck parking permits: Make sure to look into local parking regulationsโsome areas require permits for large moving trucks.
- State licensing: Although a local license is not required in Tennessee, make sure the moving company youโll be hiring is registered with U.S. Department of Transportation (USDOT). To verify if youโre dealing with a legal and licensed mover, you may ask them their USDOT registration number. Ensure the company you choose is licensed to handle your move.
- State regulator: You can verify a Tennessee moving company\โs license by visiting the state'spublic utilities commission
- Moving permits: You wonโt need a moving permit in Tennessee, though it\โs smart to double-check any local parking restrictions ahead of your move.
- Change of address: To avoid missing any mail, we recommend submitting your USPS change of address form at least a week before your move. You can choose your official move date to make sure everything gets forwarded properly toMemphis Start the process here.
- Moving company insurance: The amount and type of insurance movers must have depends on state regulations.When it comes to movers' insurance in Tennessee, most moving companies offer Released Value Protection at no extra charge. This basic coverage extends to 60 cents per pound per item. For increased protection, consider discussing Full Value Protection options with the moving company. Additionally, exploring third-party insurance providers is a viable choice for tailored plans. Prioritize understanding coverage limits, potential extra costs, and read reviews to make an informed decision about your moving insurance in Tennessee.
- Moving checklist: Let our moving checklist guide you through the process and help ensure nothing slips through the cracks.
Where to live in Memphis
Now that youโve chosen "Bluff City" as your next home, here are a few of the best neighborhoods in Memphis to check out.
Best neighborhoods for singles
- Binghampton
- Cooper-Young
- Crosstown
- Downtown
- Midtown
Best neighborhoods for families
- Bartlett
- Cordova
- East Memphis
- Germantown
- River Oaks-Kirby-Balmoral
Things to do in Memphis
After getting comfortable in your new Tennessee home, itโs time to see what Memphis is all about. Whether you're into food, art, nature, or nightlife โ thereโs plenty to check out:
- Arts and culture: Cultural attractions in Memphis include museums and art centers like the Graceland, National Civil Rights Museum - Lorraine Motel, Stax Museum of American Soul Music, Memphis Rock 'n' Soul Museum, and Slave Haven / Burkle Estate Museum.
- Outdoor recreation: The cityโs Shelby Farms Park, Mud Island River Park, Tom Lee Park, and Levitt Shell โ and more, offering great opportunities to hike, bike, or relax in nature.
- Sports: Nothing beats the thrill of cheering on the home team at an Memphis Grizzlies (NBA) and Memphis Hustle (NBA G League) game.
FAQ
When is the best time to move from Toledo to Memphis?
Spring and fall are the ideal times to move from Toledo to Memphis. Youโll benefit from more comfortable weather and avoid the higher prices that come with peak moving season in Toledo.
When is the cheapest time to move from Toledo to Memphis?
Since spring and fall are the most popular times to move from Toledo to Memphis, moving in the winter could help you save money. Check out our guide on moving discounts for more tips.
How long does a move from Toledo to Memphis take?
The 683-mile journey from Toledo, OH to Memphis, TN typically takes one to six days. Some movers in Toledo offer expedited services if you're on a tight schedule, and if you need extra time, be sure to ask about storage options in Memphis.