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Cost of Living in Memphis, TN, United States

Prices in Memphis, TN

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IndexInfo
Consumer Price Index (Excl.Rent): 68.19
Rent Index: 29.25
Groceries Index: 79.74
Restaurants Index: 53.46
Consumer Price Plus Rent Index: 48.88
Local Purchasing Power: 139.79

Currency: Sticky Currency      Switch to metric measurement units
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Restaurants [Edit] Avg.
Range
Meal, Inexpensive Restaurant 8.50 $
7.00
10.00
Meal for 2, Mid-range Restaurant, Three-course 30.00 $
25.00
50.00
McMeal at McDonalds (or Equivalent Combo Meal) 6.25 $
5.99
7.00
Domestic Beer (0.5 liter draught) 3.00 $
3.00
4.00
Imported Beer (0.33 liter bottle) 4.50 $
3.99
5.00
Cappuccino (regular) 4.33 $
4.00
5.00
Coke/Pepsi (0.33 liter bottle) 1.70 $
1.50
2.00
Water (0.33 liter bottle) 1.40 $
1.00
1.50
Markets [Edit] Avg.
Milk (regular), (1 gallon) 4.31 $
3.69
5.49
Loaf of Fresh White Bread (1 lb) 2.21 $
1.71
2.72
Rice (white), (1 lb) 0.86 $
Eggs (12) 2.00 $
1.69
2.50
Local Cheese (1 lb) 4.50 $
4.00
5.00
Chicken Breasts (Boneless, Skinless), (1 lb) 3.06 $
2.50
4.00
Apples (1 lb) 2.43 $
1.13
3.59
Oranges (1 lb) 2.75 $
2.00
3.50
Tomato (1 lb) 1.53 $
1.10
2.00
Potato (1 lb) 1.63 $
1.25
2.00
Lettuce (1 head) 1.17 $
1.00
1.50
Water (1.5 liter bottle) 2.17 $
1.99
2.69
Bottle of Wine (Mid-Range) 14.00 $
12.99
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 $
4.50
5.00
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 1.75 $
1.75
1.75
Monthly Pass (Regular Price) 1.00 $
Taxi Start (Normal Tariff) 3.07 $
2.25
3.89
Taxi 1 mile (Normal Tariff) 2.11 $
1.80
2.41
Taxi 1hour Waiting (Normal Tariff) 30.00 $
Gasoline (1 gallon) 2.21 $
1.91
2.59
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 16,500.00 $
15,000.00
18,000.00
Utilities (Monthly) [Edit] Avg.
Basic (Electricity, Heating, Water, Garbage) for 915 sq ft Apartment 134.55 $
100.89
150.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.10 $
Internet (10 Mbps, Unlimited Data, Cable/ADSL) 50.11 $
40.56
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 10.50 $
10.00
11.00
Clothing And Shoes [Edit] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 40.00 $
30.00
55.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.00 $
25.00
45.00
1 Pair of Nike Running Shoes (Mid-Range) 57.50 $
40.00
75.00
1 Pair of Men Leather Business Shoes 72.50 $
65.00
80.00
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 810.00 $
650.00
1,100.00
Apartment (1 bedroom) Outside of Centre 640.83 $
500.00
800.00
Apartment (3 bedrooms) in City Centre 1,600.00 $
1,200.00
2,000.00
Apartment (3 bedrooms) Outside of Centre 1,137.40 $
987.00
1,300.00
Buy Apartment Price [Edit] Avg.
Price per Square Feet to Buy Apartment in City Centre 85.08 $
60.39
130.00
Price per Square Feet to Buy Apartment Outside of Centre 69.33 $
40.00
80.00
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 2,235.93 $
2,216.00
2,249.22
Mortgage Interest Rate in Percentages (%), Yearly 4.88
4.00
7.50

These data are based on 295 entries in the past 18 months from 58 different contributors.

Last update: August, 2015

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