Cost of Living Comparison Between Boston, MA and Memphis, TN 

Indices DifferenceInfo
Consumer Prices in Memphis, TN are 25.8% lower than in Boston, MA (without rent)
Consumer Prices Including Rent in Memphis, TN are 41.1% lower than in Boston, MA
Rent Prices in Memphis, TN are 61.6% lower than in Boston, MA
Restaurant Prices in Memphis, TN are 30.4% lower than in Boston, MA
Groceries Prices in Memphis, TN are 27.3% lower than in Boston, MA
Local Purchasing Power in Memphis, TN is 11.4% higher than in Boston, MA
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Boston, MA Edit Memphis, TN Edit Difference
Meal, Inexpensive Restaurant 22.50 $ 15.50 $      -31.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $ 65.00 $      -35.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $ 9.00 $      -25.0 %
Domestic Beer (1 pint draught) 8.00 $ 5.00 $      -37.5 %
Imported Beer (12 oz small bottle) 10.00 $ 8.00 $      -20.0 %
Cappuccino (regular) 5.67 $ 4.67 $      -17.7 %
Coke/Pepsi (12 oz small bottle) 2.80 $ 2.12 $      -24.4 %
Water (12 oz small bottle) 2.51 $ 1.87 $      -25.6 %
Markets
Boston, MA Edit Memphis, TN Edit
Milk (regular), (1 gallon) 4.82 $ 3.77 $      -21.9 %
Loaf of Fresh White Bread (1 lb) 4.00 $ 2.19 $      -45.2 %
Rice (white), (1 lb) 2.60 $ 1.76 $      -32.2 %
Eggs (regular) (12) 4.79 $ 4.33 $      -9.7 %
Local Cheese (1 lb) 8.88 $ 4.65 $      -47.6 %
Chicken Fillets (1 lb) 6.32 $ 4.74 $      -24.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.25 $ 7.66 $      -17.2 %
Apples (1 lb) 2.57 $ 2.21 $      -14.0 %
Banana (1 lb) 0.95 $ 0.71 $      -25.5 %
Oranges (1 lb) 2.83 $ 1.71 $      -39.7 %
Tomato (1 lb) 2.95 $ 2.18 $      -26.0 %
Potato (1 lb) 1.72 $ 1.88 $      +8.8 %
Onion (1 lb) 1.70 $ 1.39 $      -18.2 %
Lettuce (1 head) 2.75 $ 2.24 $      -18.4 %
Water (1.5 liter bottle) 2.50 $ 1.89 $      -24.4 %
Bottle of Wine (Mid-Range) 15.00 $ 14.50 $      -3.3 %
Domestic Beer (0.5 liter bottle) 1.90 $ 1.73 $      -9.0 %
Imported Beer (12 oz small bottle) 5.25 $ 1.88 $      -64.3 %
Cigarettes 20 Pack (Marlboro) 13.66 $ 8.00 $      -41.4 %
Transportation
Boston, MA Edit Memphis, TN Edit
One-way Ticket (Local Transport) 2.40 $ 1.25 $      -47.9 %
Monthly Pass (Regular Price) 90.00 $ 12.50 $      -86.1 %
Taxi Start (Normal Tariff) 2.70 $ 2.00 $      -25.9 %
Taxi 1 mile (Normal Tariff) 2.80 $ 2.20 $      -21.4 %
Taxi 1hour Waiting (Normal Tariff) 28.00 $ 20.00 $      -28.6 %
Gasoline (1 gallon) 3.61 $ 3.23 $      -10.3 %
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) 24,095.29 $ 27,344.38 $      +13.5 %
Utilities (Monthly)
Boston, MA Edit Memphis, TN Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 197.39 $ 238.43 $      +20.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 57.11 $ 54.50 $      -4.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 68.19 $ 72.43 $      +6.2 %
Sports And Leisure
Boston, MA Edit Memphis, TN Edit
Fitness Club, Monthly Fee for 1 Adult 95.56 $ 30.00 $      -68.6 %
Tennis Court Rent (1 Hour on Weekend) 26.00 $ 18.00 $      -30.8 %
Cinema, International Release, 1 Seat 16.00 $ 13.00 $      -18.8 %
Childcare
Boston, MA Edit Memphis, TN Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,416.67 $ 1,436.67 $      -40.6 %
International Primary School, Yearly for 1 Child 28,000.00 $ 27,240.00 $      -2.7 %
Clothing And Shoes
Boston, MA Edit Memphis, TN Edit
1 Pair of Jeans (Levis 501 Or Similar) 58.60 $ 46.74 $      -20.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 44.64 $ 33.75 $      -24.4 %
1 Pair of Nike Running Shoes (Mid-Range) 92.75 $ 79.71 $      -14.1 %
1 Pair of Men Leather Business Shoes 155.29 $ 152.80 $      -1.6 %
Rent Per Month
Boston, MA Edit Memphis, TN Edit
Apartment (1 bedroom) in City Centre 3,134.23 $ 1,024.00 $      -67.3 %
Apartment (1 bedroom) Outside of Centre 2,259.60 $ 1,018.75 $      -54.9 %
Apartment (3 bedrooms) in City Centre 5,183.91 $ 1,728.33 $      -66.7 %
Apartment (3 bedrooms) Outside of Centre 3,561.36 $ 1,661.00 $      -53.4 %
Buy Apartment Price
Boston, MA Edit Memphis, TN Edit
Price per Square Feet to Buy Apartment in City Centre 846.53 $ 126.83 $      -85.0 %
Price per Square Feet to Buy Apartment Outside of Centre 465.08 $ 126.83 $      -72.7 %
Salaries And Financing
Boston, MA Edit Memphis, TN Edit
Average Monthly Net Salary (After Tax) 5,650.36 $ 3,706.29 $      -34.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.55 6.58      +0.5 %
Last update: April 2024March 2024
Contributors in the past 12 months:14330