Cost of Living Comparison Between Austin, TX and Memphis, TN 
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| Indices Difference |  |
|---|---|
| Consumer Prices in Memphis, TN are 8.2% lower than in Austin, TX (without rent) | |
| Consumer Prices Including Rent in Memphis, TN are 26.6% lower than in Austin, TX | |
| Rent Prices in Memphis, TN are 51.6% lower than in Austin, TX | |
| Restaurant Prices in Memphis, TN are 18.9% lower than in Austin, TX | |
| Groceries Prices in Memphis, TN are 1.8% lower than in Austin, TX | |
| Local Purchasing Power in Memphis, TN is 10.2% lower than in Austin, TX | |
Restaurants | Austin, TX Edit |
Memphis, TN Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 19.00 $ | 15.00 $ | -21.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 84.00 $ | 62.50 $ | -25.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 10.00 $ | 10.00 $ | 0.0 % |
| Domestic Beer (1 pint draught) | 6.00 $ | 5.50 $ | -8.3 % |
| Imported Beer (12 oz small bottle) | 8.00 $ | 8.00 $ | 0.0 % |
| Cappuccino (regular) | 5.34 $ | 4.57 $ | -14.4 % |
| Coke/Pepsi (12 oz small bottle) | 2.73 $ | 2.23 $ | -18.4 % |
| Water (12 oz small bottle) | 2.21 $ | 1.89 $ | -14.4 % |
Markets | Austin, TX Edit |
Memphis, TN Edit | |
| Milk (regular), (1 gallon) | 3.95 $ | 3.82 $ | -3.2 % |
| Loaf of Fresh White Bread (1 lb) | 3.22 $ | 2.19 $ | -31.8 % |
| Rice (white), (1 lb) | 1.40 $ | 1.76 $ | +25.5 % |
| Eggs (regular) (12) | 3.41 $ | 4.33 $ | +27.1 % |
| Local Cheese (1 lb) | 6.18 $ | 4.65 $ | -24.7 % |
| Chicken Fillets (1 lb) | 5.30 $ | 4.74 $ | -10.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 6.69 $ | 7.66 $ | +14.5 % |
| Apples (1 lb) | 2.59 $ | 2.21 $ | -14.7 % |
| Banana (1 lb) | 0.71 $ | 0.78 $ | +9.8 % |
| Oranges (1 lb) | 2.04 $ | 1.71 $ | -16.1 % |
| Tomato (1 lb) | 1.67 $ | 2.18 $ | +30.7 % |
| Potato (1 lb) | 1.26 $ | 1.88 $ | +49.0 % |
| Onion (1 lb) | 1.24 $ | 1.39 $ | +12.1 % |
| Lettuce (1 head) | 1.94 $ | 2.24 $ | +15.7 % |
| Water (1.5 liter bottle) | 2.00 $ | 1.89 $ | -5.5 % |
| Bottle of Wine (Mid-Range) | 15.00 $ | 14.50 $ | -3.3 % |
| Domestic Beer (0.5 liter bottle) | 2.07 $ | 1.73 $ | -16.6 % |
| Imported Beer (12 oz small bottle) | 3.68 $ | 1.88 $ | -49.1 % |
| Cigarettes 20 Pack (Marlboro) | 8.00 $ | 8.00 $ | 0.0 % |
Transportation | Austin, TX Edit |
Memphis, TN Edit | |
| One-way Ticket (Local Transport) | 1.75 $ | 1.25 $ | -28.6 % |
| Monthly Pass (Regular Price) | 45.00 $ | 12.50 $ | -72.2 % |
| Taxi Start (Normal Tariff) | 3.25 $ | 2.00 $ | -38.5 % |
| Taxi 1 mile (Normal Tariff) | 2.75 $ | 2.20 $ | -20.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 35.00 $ | 20.00 $ | -42.9 % |
| Gasoline (1 gallon) | 3.07 $ | 3.23 $ | +5.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 35,639.19 $ | 33,000.00 $ | -7.4 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 26,102.62 $ | 27,344.38 $ | +4.8 % |
Utilities (Monthly) | Austin, TX Edit |
Memphis, TN Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 173.25 $ | 238.43 $ | +37.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 61.15 $ | 54.50 $ | -10.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 66.20 $ | 72.43 $ | +9.4 % |
Sports And Leisure | Austin, TX Edit |
Memphis, TN Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 57.67 $ | 30.00 $ | -48.0 % |
| Tennis Court Rent (1 Hour on Weekend) | 17.50 $ | 18.00 $ | +2.9 % |
| Cinema, International Release, 1 Seat | 14.50 $ | 13.00 $ | -10.3 % |
Childcare | Austin, TX Edit |
Memphis, TN Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,476.11 $ | 1,436.67 $ | -2.7 % |
| International Primary School, Yearly for 1 Child | 21,625.00 $ | 27,240.00 $ | +26.0 % |
Clothing And Shoes | Austin, TX Edit |
Memphis, TN Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 61.92 $ | 46.74 $ | -24.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 55.85 $ | 33.75 $ | -39.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 98.04 $ | 79.71 $ | -18.7 % |
| 1 Pair of Men Leather Business Shoes | 132.87 $ | 152.80 $ | +15.0 % |
Rent Per Month | Austin, TX Edit |
Memphis, TN Edit | |
| Apartment (1 bedroom) in City Centre | 2,292.40 $ | 1,024.00 $ | -55.3 % |
| Apartment (1 bedroom) Outside of Centre | 1,539.66 $ | 1,018.75 $ | -33.8 % |
| Apartment (3 bedrooms) in City Centre | 4,700.69 $ | 1,728.33 $ | -63.2 % |
| Apartment (3 bedrooms) Outside of Centre | 2,679.17 $ | 1,661.00 $ | -38.0 % |
Buy Apartment Price | Austin, TX Edit |
Memphis, TN Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 456.80 $ | 126.83 $ | -72.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 249.25 $ | 126.83 $ | -49.1 % |
Salaries And Financing | Austin, TX Edit |
Memphis, TN Edit | |
| Average Monthly Net Salary (After Tax) | 5,624.71 $ | 3,706.29 $ | -34.1 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.73 | 6.58 | -2.2 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 174 | 31 |
Moving to Austin, TX? Explore:
Moving to Memphis, TN? Explore:
Cities near Austin, TX: | Cost of Living in San Antonio, Texas | 79.89 miles |
| Cost of Living in Waco, Texas | 101.85 miles |
| Cost of Living in Kerrville, Texas | 102.67 miles |
| Cost of Living in College Station, Texas | 106.60 miles |
| Cost of Living in Houston, Texas | 163.29 miles |
| Cost of Living in Fort Worth, Texas | 187.07 miles |
| Cost of Living in Dallas, Texas | 198.85 miles |
| Cost of Living in San Angelo, Texas | 205.75 miles |
| Cost of Living in Garland, Texas | 214.18 miles |
| Cost of Living in Plano, Texas | 214.48 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 |