Collierville vs Memphis: Pharmacist Salary (2026)
Compare pharmacist salaries between Collierville, TN and Memphis, TN. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Collierville, TN | Memphis, TN |
|---|---|---|
| Median Salary | $135,599 | $136,676▲ |
| Hourly Rate | $65.19 | $65.71▲ |
| Entry Level (P10) | $92,745 | $105,364▲ |
| 25th Percentile | $121,802 | $128,805▲ |
| 75th Percentile | $155,356 | $156,054▲ |
| Top Earner (P90) | $161,079 | $168,895▲ |
| Total Employed | 8 | 1,460▲ |
Verdict
Memphis, TN offers better overall compensation for pharmacists, winning 4 out of 4 metrics compared to Collierville.
The salary gap between Collierville and Memphis is $1,077 (0.79%). Memphis's median is -4.75% compared to the US national median of $143,489.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Collierville spans $68,334,Memphis spans $63,531. Collierville has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Memphis ($148,272 effective) pays 0.38% more than Collierville ($147,711 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Collierville if…
- ✓You prefer the Tennessee area and lifestyle
Choose Memphis if…
- ✓Higher median salary ($136,676/year)
- ✓Better top-earner potential ($168,895)
- ✓Larger job market (1,460 employed)
- ✓Better purchasing power (CoL-adjusted: $148,272)
- ✓You prefer the Tennessee area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, pharmacist salaries in Collierville grew 13.1% from 2024 to 2025, compared to 4.6% growth in Memphis over the same period.
Collierville, TN
$117,767 (2024) → $133,162 (2025)
Memphis, TN
$128,270 (2019) → $134,220 (2025)
View Full Salary Data
Collierville, TN
Memphis, TN
Frequently Asked Questions
Which city pays pharmacists more: Collierville or Memphis?
What is the hourly rate difference between Collierville and Memphis?
Should I relocate from Collierville to Memphis as a pharmacist?
What do entry-level pharmacists earn in Collierville vs Memphis?
Related Comparisons
Written by Sofia Chen, PharmD
Career Analyst
Sofia Chen has 10 years of experience in community pharmacy. She specializes in medication therapy management.
Methodology & Data Source
All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 1.83% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.
Data Sources & Methodology
Source: BLS, OEWS , released .
Compiled and verified by Sofia Chen, PharmD, a licensed pharmacist with 10+ years of clinical experience. · View source data at BLS.gov