Cost of Living Comparison Between Phoenix, AZ and Memphis, TN 
| Indices Difference |  |
|---|---|
| Cost of Living in Memphis, TN is 7.1% lower than in Phoenix, AZ (without rent) | |
| Cost of Living Including Rent in Memphis, TN is 16.0% lower than in Phoenix, AZ | |
| Rent Prices in Memphis, TN are 32.4% lower than in Phoenix, AZ | |
| Restaurant Prices in Memphis, TN are 16.6% lower than in Phoenix, AZ | |
| Groceries Prices in Memphis, TN are 0.0% higher than in Phoenix, AZ | |
| Local Purchasing Power in Memphis, TN is 1.9% lower than in Phoenix, AZ | |
Restaurants | Phoenix, AZ Edit |
Memphis, TN Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 20.00 $ | 15.50 $ | -22.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 80.00 $ | 65.00 $ | -18.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 12.00 $ | 10.00 $ | -16.7 % |
| Domestic Beer (1 pint draught) | 6.00 $ | 6.00 $ | 0.0 % |
| Imported Beer (12 oz small bottle) | 6.38 $ | 8.00 $ | +25.5 % |
| Cappuccino (regular) | 5.24 $ | 4.75 $ | -9.4 % |
| Coke/Pepsi (12 oz small bottle) | 2.60 $ | 2.10 $ | -19.2 % |
| Water (12 oz small bottle) | 2.01 $ | 1.89 $ | -6.2 % |
Markets | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Milk (regular), (1 gallon) | 3.44 $ | 3.82 $ | +11.1 % |
| Loaf of Fresh White Bread (1 lb) | 3.43 $ | 2.19 $ | -36.0 % |
| Rice (white), (1 lb) | 2.00 $ | 1.76 $ | -12.0 % |
| Eggs (regular) (12) | 3.80 $ | 4.33 $ | +13.9 % |
| Local Cheese (1 lb) | 4.88 $ | 4.65 $ | -4.7 % |
| Chicken Fillets (1 lb) | 4.71 $ | 4.74 $ | +0.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 6.41 $ | 7.66 $ | +19.6 % |
| Apples (1 lb) | 2.05 $ | 2.21 $ | +7.6 % |
| Banana (1 lb) | 0.66 $ | 0.78 $ | +18.1 % |
| Oranges (1 lb) | 1.84 $ | 1.71 $ | -6.9 % |
| Tomato (1 lb) | 1.96 $ | 2.18 $ | +11.3 % |
| Potato (1 lb) | 1.42 $ | 1.88 $ | +32.4 % |
| Onion (1 lb) | 1.27 $ | 1.39 $ | +9.6 % |
| Lettuce (1 head) | 1.85 $ | 2.24 $ | +21.0 % |
| Water (1.5 liter bottle) | 2.51 $ | 1.89 $ | -24.8 % |
| Bottle of Wine (Mid-Range) | 15.00 $ | 14.50 $ | -3.3 % |
| Domestic Beer (0.5 liter bottle) | 2.14 $ | 1.73 $ | -19.2 % |
| Imported Beer (12 oz small bottle) | 4.33 $ | 1.88 $ | -56.7 % |
| Cigarettes 20 Pack (Marlboro) | 9.00 $ | 8.00 $ | -11.1 % |
Transportation | Phoenix, AZ Edit |
Memphis, TN Edit | |
| One-way Ticket (Local Transport) | 2.00 $ | 1.25 $ | -37.5 % |
| Monthly Pass (Regular Price) | 53.00 $ | 12.50 $ | -76.4 % |
| Taxi Start (Normal Tariff) | 2.75 $ | 2.00 $ | -27.3 % |
| Taxi 1 mile (Normal Tariff) | 2.20 $ | 2.20 $ | 0.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 36.00 $ | 20.00 $ | -44.4 % |
| Gasoline (1 gallon) | 4.03 $ | 3.23 $ | -19.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 30,000.00 $ | 33,000.00 $ | +10.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 27,595.23 $ | 27,344.38 $ | -0.9 % |
Utilities (Monthly) | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 237.40 $ | 238.43 $ | +0.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 67.78 $ | 54.50 $ | -19.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 72.31 $ | 72.43 $ | +0.2 % |
Sports And Leisure | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 26.00 $ | 30.00 $ | +15.4 % |
| Tennis Court Rent (1 Hour on Weekend) | 19.33 $ | 18.00 $ | -6.9 % |
| Cinema, International Release, 1 Seat | 12.75 $ | 13.00 $ | +2.0 % |
Childcare | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,142.86 $ | 1,436.67 $ | +25.7 % |
| International Primary School, Yearly for 1 Child | 10,400.00 $ | 27,240.00 $ | +161.9 % |
Clothing And Shoes | Phoenix, AZ Edit |
Memphis, TN Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 48.13 $ | 46.74 $ | -2.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 40.00 $ | 33.75 $ | -15.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 88.25 $ | 79.71 $ | -9.7 % |
| 1 Pair of Men Leather Business Shoes | 111.80 $ | 152.80 $ | +36.7 % |
Rent Per Month | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Apartment (1 bedroom) in City Centre | 1,615.63 $ | 1,024.00 $ | -36.6 % |
| Apartment (1 bedroom) Outside of Centre | 1,419.41 $ | 1,018.75 $ | -28.2 % |
| Apartment (3 bedrooms) in City Centre | 2,736.32 $ | 1,755.50 $ | -35.8 % |
| Apartment (3 bedrooms) Outside of Centre | 2,351.86 $ | 1,691.82 $ | -28.1 % |
Buy Apartment Price | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 263.23 $ | 126.83 $ | -51.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 254.81 $ | 126.83 $ | -50.2 % |
Salaries And Financing | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Average Monthly Net Salary (After Tax) | 4,494.19 $ | 3,706.29 $ | -17.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.53 | 6.58 | +0.8 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 158 | 33 |
Moving to Phoenix, AZ? Explore:
Moving to Memphis, TN? Explore:
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 |
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 |