Memphis, TNCartagena, Colombia
You would need around 41.9% less money in Cartagena, Colombia to maintain the same standard of living you have in Memphis, TN.
Overall Cost of Living
Cartagena, Colombia is cheaper than Memphis, TN
1-Bed Rent (City Center)
Groceries (Monthly)
Average Net Salary
Editorial Insight: Planning a move from Memphis, TN to Cartagena, Colombia? Based on our verified data model, you are looking at a fantastic geo-arbitrage opportunity. Overall, the cost of living in Cartagena, Colombia is 41.9% cheaper. Housing is typically the biggest financial win—renting a 1-bedroom apartment in Cartagena, Colombia's center costs around 982 USD, which is a staggering 28.6% less than in Memphis, TN. If you are retaining a remote income, the Remote Wealth team ranks this as a highly strategic move for wealth accumulation.
Reviewed by the Remote Wealth Editorial Team
Our cost of living data for Memphis, TN and Cartagena, Colombia is compiled using our rigorous verification methodology. We combine millions of data points from reliable sources to ensure you get the most accurate financial comparison for your relocation.
Read more about our team →Salary Comparator
Find out exactly how much you need to earn in Cartagena, Colombia to maintain your current lifestyle in Memphis, TN.
You need in Cartagena, Colombia
2,142 USD
Geo-Arbitrage FIRE
Discover how moving to a cheaper city accelerates your Financial Independence and Retire Early (FIRE) timeline.
By moving from Memphis, TN to Cartagena, Colombia and investing the 42% cost of living difference, you could reach FIRE 6.3 years earlier.
Budget Simulator
Instantly adapt your Memphis, TN budget to local Cartagena, Colombia prices. We automatically adjust housing, groceries, and leisure categories.
Investment Planner
You save 394 USD every month on rent alone by moving to Cartagena, Colombia.
Investing this rent difference in an S&P 500 index fund could grow to ~66,192 USD in 10 years.