Memphis vs Austin: where does a social worker save more?
Best for saving: Austin — about $1,854/mo after taxes and living costs.
Memphis US | Austin US ★ Best for saving | |
|---|---|---|
| Median salary | $54,290 | $70,990 |
| Take-home / mo | $3,749 | $4,764 |
| Income tax | ~17% | ~19% |
| Living costs / mo | $2,380 | $2,910 |
| Savings / mo | $1,369 | $1,854 |
| Savings rate | 37% | 39% |
| 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 social worker, adjusted per city.
• Tax: each country's single-filer effective rate (e.g. US ~17%, US ~19%).
• Living costs: a single professional's baseline monthly budget per city.
Estimates, not financial or tax advice. Updated 2026.