Factors that influence moving costs from Cape Coral to Memphis
What to know before moving from Cape Coral to Memphis
Moving from Cape Coral to Memphis means adjusting to a different pace of life โ and a different price tag. On average, it costs significantly more to live in Cape Coral than in Memphis, making the move an opportunity for many to enjoy a lower cost of living.
Check out how Cape Coral compares to Memphis so you know what to expect before you relocate:
Cape Coral | Memphis | |
---|---|---|
Average rent cost | $2,120 | $1,299 |
Average home value | $363,960 | $143,715 |
Average income (per capita) | $65,282 | $48,090 |
Cost of living (single person) | $4,233 | $1,842 |
Cost of living (family of 4) | $6,030 | $4,402 |
Unemployment rate | 4.6% | 8.0% |
Sales tax | 6.5% | 9.75% |
State income tax | 0.0% | 0.0% |
- Rent prices in Memphis are 39% lower than in Cape Coral, which means youโll have more money in your pocket each month.
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In terms of homeownership, youโll be able to get more for your money in Memphis.
Home prices in Memphis are 60.5% lower than in Cape Coral. - Income in Memphis is 26.3% lower than in Cape Coral, 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 in Memphis is 56.5% lower than in Cape Coral. This includes routine expenses like utilities, groceries, clothing, and transportation.
- The cost of living for a family in Memphis is 27.0% lower than in Cape Coral.
- The unemployment rate in Memphis is 73.91% higher than in Cape Coral.
- Youโll spend more on retail and restaurants in Memphis, since the cityโs sales taxes in Memphis are 50.00% higher than in Cape Coral.
- State income taxes are the same in Memphis and Cape Coral.
To put this in perspective, you would need around $1,305.46 in Memphis to maintain the same standard of life that you can have with $3,000.00 in Cape Coral.
How life is different in Cape Coral vs. Memphis
Memphis | Cape Coral | |
---|---|---|
Population | 633,104 | 216,922 |
AllTransit Transportation Performance Score | 4 | 2 |
Walkability score | 35 | 17 |
Bike friendliness score | 41 | 37 |
Crime Index | 77.49 | 19.41 |
Safety Index | 22.51 | 80.59 |
Air Quality | Good | Good |
- Memphis's population is about 192% greater than Cape Coral.
- Memphis's public transportation has a score of 4 out of 10 versus Cape Coral's lower score of 2.
- Memphis is more walkable than Cape Coral with a score of 35 out of 100 vs Cape Coral's 17 out of 100.
- With a score of 41 out of 100, Memphis is more bike-friendly than Cape Coral, which has a score of 37 out of 100. The higher a city's score, the more suited they are to safely accommodating cyclists.
- Memphis's crime rate is higher than Cape Coral with a score of 77.49 compared to Cape Coral's 19.41. This means that Memphis neighborhoods are safer than 77.49% of all U.S. neighborhoods, and Cape Coral neighborhoods are safer than 19.41%.
- Memphis is considered to be less safe than Cape Coral with a score of 22.51 vs Cape Coral's 80.59.
- Air quality in Memphis is good, and in Cape Coral it's good.
Other things to consider for your Cape Coral 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: Check ahead with any neighborhood or community rules on moving to ensure a smooth move.
- Elevator reservation: If your building has an elevator you'll want to check on how to reserve it for move day.
- Truck parking permits: Some cities require parking permits for large vehicles and moving trucks. Find out if you need any parking permits ahead of time.
- 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. Make sure the moving company you use has a license before hiring.
- State regulator: You can verify a Tennessee moving license and its status through the state's public utilities commission.
- Moving permits: Tennessee does not require any moving permits, but it is helpful to check local parking restrictions before moving into the state.
- Change of address: We recommend submitting your change of address form with USPS at least a week prior to your move. You can set an official move date on the form and this way all of your mail will get properly forwarded to Memphis. Get started here.
- Moving company insurance: Every state requires moving companies to carry different levels of insurance.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: Our moving checklist will help you have the peace of mind that you've got everything covered.
Where to live in Memphis
Now that you've decided to make the move to "Bluff City", these are the best neighborhoods to move to in Memphis.
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 settling into your new Tennessee home, youโll want to branch out and explore your new city. Luckily, Memphis has lots to offer, no matter what youโre interested in:
- Arts and culture: Memphis is home to museums and cultural arts 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 among other sites โ are great places to hike, ride bikes, or just enjoy nature.
- Sports: Catch a live game and cheer 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 Cape Coral to Memphis?
Spring and fall are the ideal times to move from Cape Coral to Memphis. Youโll benefit from more comfortable weather and avoid the higher prices that come with peak moving season in Cape Coral.
When is the cheapest time to move from Cape Coral to Memphis?
Since spring and fall are the most popular times to move from Cape Coral 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 Cape Coral to Memphis take?
The 971-mile journey from Cape Coral, FL to Memphis, TN typically takes two to seven days. Some movers in Cape Coral 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.