Memphis vs Austin: where does a physician (general practice) save more?
Best for saving: Austin — about $11,732/mo after taxes and living costs.
Memphis US | Austin US ★ Best for saving | |
|---|---|---|
| Median salary | $204,212 | $263,070 |
| Take-home / mo | $11,736 | $14,642 |
| Income tax | ~31% | ~33% |
| Living costs / mo | $2,380 | $2,910 |
| Savings / mo | $9,356 | $11,732 |
| Savings rate | 80% | 80% |
| Verdict | Excellent | Excellent |
Single professional, after-tax. "Savings" = take-home − a baseline cost of living. A planning estimate, not financial advice.
How we calculated this
• Salary: BLS/OECD median for a physician (general practice), adjusted per city.
• Tax: each country's single-filer effective rate (e.g. US ~31%, US ~33%).
• Living costs: a single professional's baseline monthly budget per city.
Estimates, not financial or tax advice. Updated 2026.