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Cost of Living in Memphis

Cost of living in Memphis is 29.88% lower than in New York (Info)Our estimator (with default settings) estimate monthly expenses for a single person at 811.24$ and for four person family at 2,903.28$ (without rent).
Restaurants [ Edit ] Avg. Range
Meal, Inexpensive Restaurant 8.25 $ 7.00-10.00
Meal for 2 People, Mid-range Restaurant, Three-course 30.00 $ 20.00-50.00
McMeal at McDonalds (or Equivalent Combo Meal) 6.50 $ 5.00-7.95
Domestic Beer (0.5 liter draught) 4.00 $ 3.00-4.00
Imported Beer (0.33 liter bottle) 5.50 $ 3.99-7.00
Cappuccino (regular) 4.57 $ 4.00-5.90
Coke/Pepsi (0.33 liter bottle) 1.67 $ 1.00-2.50
Water (0.33 liter bottle) 1.50 $ 1.49-1.50
Markets [ Edit ] Avg.
Milk (regular), (1 gallon) 4.52 $ 3.49-5.67
Loaf of Fresh White Bread (1 lb) 1.89 $ 0.91-2.72
Rice (white), (1 lb) 1.42 $ 0.86-1.98
Eggs (12) 2.32 $ 1.89-2.99
Local Cheese (1 lb) 4.65 $ 4.00-5.44
Chicken Breasts (Boneless, Skinless), (1 lb) 2.41 $ 2.00-2.72
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.97 $
Apples (1 lb) 1.56 $ 1.13-1.98
Banana (1 lb) 0.63 $ 0.57-0.74
Oranges (1 lb) 2.75 $ 2.00-3.50
Tomato (1 lb) 1.83 $ 1.50-2.00
Potato (1 lb) 2.41 $ 1.25-3.97
Onion (1 lb) 1.09 $
Lettuce (1 head) 1.23 $ 1.00-1.47
Water (1.5 liter bottle) 1.89 $ 1.69-2.00
Bottle of Wine (Mid-Range) 12.99 $ 12.00-15.00
Domestic Beer (0.5 liter bottle) 1.79 $ 1.17-2.50
Imported Beer (0.33 liter bottle) 2.17 $ 1.50-3.00
Pack of Cigarettes (Marlboro) 4.50 $ 4.45-4.50
Transportation [ Edit ] Avg.
One-way Ticket (Local Transport) 1.75 $ 1.35-2.00
Monthly Pass (Regular Price) 50.00 $ 35.00-50.00
Taxi Start (Normal Tariff) 2.12 $ 2.00-2.25
Taxi 1 mile (Normal Tariff) 1.80 $ 1.80-2.41
Taxi 1hour Waiting (Normal Tariff) 30.00 $
Gasoline (1 gallon) 1.96 $ 1.80-2.06
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,400.00 $ 18,000.00-22,415.00
Utilities (Monthly) [ Edit ] Avg.
Basic (Electricity, Heating, Water, Garbage) for 915 sq ft Apartment 139.69 $ 100.00-200.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.10 $ 0.10-0.10
Internet (10 Mbps, Unlimited Data, Cable/ADSL) 50.57 $ 40.00-60.00
Sports And Leisure [ Edit ] Avg.
Fitness Club, Monthly Fee for 1 Adult 43.33 $ 40.00-50.00
Tennis Court Rent (1 Hour on Weekend) 25.00 $
Cinema, International Release, 1 Seat 10.00 $ 8.00-10.75
Clothing And Shoes [ Edit ] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 47.00 $ 25.00-75.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 33.33 $ 25.00-40.00
1 Pair of Nike Running Shoes (Mid-Range) 76.67 $ 65.00-90.00
1 Pair of Men Leather Business Shoes 98.33 $ 80.00-120.00
Rent Per Month [ Edit ] Avg.
Apartment (1 bedroom) in City Centre 850.00 $ 600.00-1,100.00
Apartment (1 bedroom) Outside of Centre 602.78 $ 450.00-900.00
Apartment (3 bedrooms) in City Centre 1,364.33 $ 1,000.00-1,800.00
Apartment (3 bedrooms) Outside of Centre 979.59 $ 714.67-1,300.00
Buy Apartment Price [ Edit ] Avg.
Price per Square Feet to Buy Apartment in City Centre 84.43 $ 60.39-130.00
Price per Square Feet to Buy Apartment Outside of Centre 74.12 $ 60.00-80.00
Salaries And Financing [ Edit ] Avg.
Average Monthly Disposable Salary (After Tax) 2,134.46 $ 1,896.00-2,249.22
Mortgage Interest Rate in Percentages (%), Yearly 4.88 4.00-7.50

Prices in Memphis, Tennessee, United States

These data are based on 342 entries in the past 18 months from 80 different contributors.
Last update: January, 2016
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