Cost of Living Comparison Between Memphis, TN and Phoenix, AZ 
| Indices Difference |  |
|---|---|
| Cost of Living in Phoenix, AZ is 7.7% higher than in Memphis, TN (without rent) | |
| Cost of Living Including Rent in Phoenix, AZ is 19.0% higher than in Memphis, TN | |
| Rent Prices in Phoenix, AZ are 48.0% higher than in Memphis, TN | |
| Restaurant Prices in Phoenix, AZ are 19.9% higher than in Memphis, TN | |
| Groceries Prices in Phoenix, AZ are 0.0% lower than in Memphis, TN | |
| Local Purchasing Power in Phoenix, AZ is 1.9% higher than in Memphis, TN | |
Restaurants | Memphis, TN Edit |
Phoenix, AZ Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 15.50 $ | 20.00 $ | +29.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 65.00 $ | 80.00 $ | +23.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 10.00 $ | 12.00 $ | +20.0 % |
| Domestic Beer (1 pint draught) | 6.00 $ | 6.00 $ | 0.0 % |
| Imported Beer (12 oz small bottle) | 8.00 $ | 6.38 $ | -20.3 % |
| Cappuccino (regular) | 4.75 $ | 5.24 $ | +10.4 % |
| Coke/Pepsi (12 oz small bottle) | 2.10 $ | 2.60 $ | +23.8 % |
| Water (12 oz small bottle) | 1.89 $ | 2.01 $ | +6.6 % |
Markets | Memphis, TN Edit |
Phoenix, AZ Edit | |
| Milk (regular), (1 gallon) | 3.82 $ | 3.44 $ | -10.0 % |
| Loaf of Fresh White Bread (1 lb) | 2.19 $ | 3.43 $ | +56.3 % |
| Rice (white), (1 lb) | 1.76 $ | 2.00 $ | +13.7 % |
| Eggs (regular) (12) | 4.33 $ | 3.80 $ | -12.2 % |
| Local Cheese (1 lb) | 4.65 $ | 4.88 $ | +5.0 % |
| Chicken Fillets (1 lb) | 4.74 $ | 4.71 $ | -0.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 7.66 $ | 6.41 $ | -16.4 % |
| Apples (1 lb) | 2.21 $ | 2.05 $ | -7.0 % |
| Banana (1 lb) | 0.78 $ | 0.66 $ | -15.3 % |
| Oranges (1 lb) | 1.71 $ | 1.84 $ | +7.4 % |
| Tomato (1 lb) | 2.18 $ | 1.96 $ | -10.2 % |
| Potato (1 lb) | 1.88 $ | 1.42 $ | -24.5 % |
| Onion (1 lb) | 1.39 $ | 1.27 $ | -8.8 % |
| Lettuce (1 head) | 2.24 $ | 1.85 $ | -17.3 % |
| Water (1.5 liter bottle) | 1.89 $ | 2.51 $ | +32.9 % |
| Bottle of Wine (Mid-Range) | 14.50 $ | 15.00 $ | +3.4 % |
| Domestic Beer (0.5 liter bottle) | 1.73 $ | 2.14 $ | +23.8 % |
| Imported Beer (12 oz small bottle) | 1.88 $ | 4.33 $ | +131.2 % |
| Cigarettes 20 Pack (Marlboro) | 8.00 $ | 9.00 $ | +12.5 % |
Transportation | Memphis, TN Edit |
Phoenix, AZ Edit | |
| One-way Ticket (Local Transport) | 1.25 $ | 2.00 $ | +60.0 % |
| Monthly Pass (Regular Price) | 12.50 $ | 53.00 $ | +324.0 % |
| Taxi Start (Normal Tariff) | 2.00 $ | 2.75 $ | +37.5 % |
| Taxi 1 mile (Normal Tariff) | 2.20 $ | 2.20 $ | 0.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 20.00 $ | 36.00 $ | +80.0 % |
| Gasoline (1 gallon) | 3.23 $ | 4.03 $ | +24.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 33,000.00 $ | 30,000.00 $ | -9.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 27,344.38 $ | 27,595.23 $ | +0.9 % |
Utilities (Monthly) | Memphis, TN Edit |
Phoenix, AZ Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 238.43 $ | 237.40 $ | -0.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 54.50 $ | 67.78 $ | +24.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 72.43 $ | 72.31 $ | -0.2 % |
Sports And Leisure | Memphis, TN Edit |
Phoenix, AZ Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 30.00 $ | 26.00 $ | -13.3 % |
| Tennis Court Rent (1 Hour on Weekend) | 18.00 $ | 19.33 $ | +7.4 % |
| Cinema, International Release, 1 Seat | 13.00 $ | 12.75 $ | -1.9 % |
Childcare | Memphis, TN Edit |
Phoenix, AZ Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,436.67 $ | 1,142.86 $ | -20.5 % |
| International Primary School, Yearly for 1 Child | 27,240.00 $ | 10,400.00 $ | -61.8 % |
Clothing And Shoes | Memphis, TN Edit |
Phoenix, AZ Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 46.74 $ | 48.13 $ | +3.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 33.75 $ | 40.00 $ | +18.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 79.71 $ | 88.25 $ | +10.7 % |
| 1 Pair of Men Leather Business Shoes | 152.80 $ | 111.80 $ | -26.8 % |
Rent Per Month | Memphis, TN Edit |
Phoenix, AZ Edit | |
| Apartment (1 bedroom) in City Centre | 1,024.00 $ | 1,615.63 $ | +57.8 % |
| Apartment (1 bedroom) Outside of Centre | 1,018.75 $ | 1,419.41 $ | +39.3 % |
| Apartment (3 bedrooms) in City Centre | 1,755.50 $ | 2,736.32 $ | +55.9 % |
| Apartment (3 bedrooms) Outside of Centre | 1,691.82 $ | 2,351.86 $ | +39.0 % |
Buy Apartment Price | Memphis, TN Edit |
Phoenix, AZ Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 126.83 $ | 263.23 $ | +107.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 126.83 $ | 254.81 $ | +100.9 % |
Salaries And Financing | Memphis, TN Edit |
Phoenix, AZ Edit | |
| Average Monthly Net Salary (After Tax) | 3,706.29 $ | 4,494.19 $ | +21.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.58 | 6.53 | -0.8 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 33 | 158 |
Moving to Memphis, TN? Explore:
Moving to Phoenix, AZ? Explore:
Cities near Memphis, TN: | Cost of Living in Blytheville, Arkansas | 67.90 miles |
| Cost of Living in Tupelo, Mississippi | 104.45 miles |
| Cost of Living in Portageville, Missouri | 107.90 miles |
| Cost of Living in Little Rock, Arkansas | 137.49 miles |
| Cost of Living in Arlington, Kentucky | 148.07 miles |
| Cost of Living in Melbourne, Arkansas | 158.42 miles |
| Cost of Living in West Plains, Missouri | 174.97 miles |
| Cost of Living in Jackson, Mississippi | 209.55 miles |
| Cost of Living in Nashville, Tennessee | 209.61 miles |
| Cost of Living in Huntsville, Alabama | 214.05 miles |
Cities near Phoenix, AZ: | Cost of Living in Scottsdale, Arizona | 12.83 miles |
| Cost of Living in Peoria, Arizona | 13.45 miles |
| Cost of Living in Cottonwood, Arizona | 103.09 miles |
| Cost of Living in Tucson, Arizona | 116.20 miles |
| Cost of Living in Indio, California | 246.45 miles |
| Cost of Living in Imperial, California | 248.19 miles |