Cost of Living Comparison Between Houston, TX and Memphis, TN 

Indices DifferenceInfo
Consumer Prices in Memphis, TN are 3.4% lower than in Houston, TX (without rent)
Consumer Prices Including Rent in Memphis, TN are 15.1% lower than in Houston, TX
Rent Prices in Memphis, TN are 35.2% lower than in Houston, TX
Restaurant Prices in Memphis, TN are 10.7% lower than in Houston, TX
Groceries Prices in Memphis, TN are 5.0% higher than in Houston, TX
Local Purchasing Power in Memphis, TN is 9.9% lower than in Houston, TX
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Houston, TX Edit Memphis, TN Edit Difference
Meal, Inexpensive Restaurant 16.50 $ 15.00 $      -9.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 $ 62.50 $      -21.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.12 $ 10.00 $      +9.6 %
Domestic Beer (1 pint draught) 5.00 $ 5.50 $      +10.0 %
Imported Beer (12 oz small bottle) 7.00 $ 8.00 $      +14.3 %
Cappuccino (regular) 5.13 $ 4.57 $      -10.9 %
Coke/Pepsi (12 oz small bottle) 2.38 $ 2.23 $      -6.5 %
Water (12 oz small bottle) 1.88 $ 1.89 $      +0.3 %
Markets
Houston, TX Edit Memphis, TN Edit
Milk (regular), (1 gallon) 3.64 $ 3.82 $      +5.0 %
Loaf of Fresh White Bread (1 lb) 2.77 $ 2.19 $      -20.8 %
Rice (white), (1 lb) 1.43 $ 1.76 $      +23.1 %
Eggs (regular) (12) 3.72 $ 4.33 $      +16.4 %
Local Cheese (1 lb) 5.70 $ 4.65 $      -18.4 %
Chicken Fillets (1 lb) 4.95 $ 4.74 $      -4.2 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.28 $ 7.66 $      +5.3 %
Apples (1 lb) 2.05 $ 2.21 $      +7.7 %
Banana (1 lb) 0.58 $ 0.78 $      +33.7 %
Oranges (1 lb) 1.56 $ 1.71 $      +9.6 %
Tomato (1 lb) 1.24 $ 2.18 $      +76.5 %
Potato (1 lb) 1.24 $ 1.88 $      +51.8 %
Onion (1 lb) 1.04 $ 1.39 $      +34.2 %
Lettuce (1 head) 1.72 $ 2.24 $      +30.4 %
Water (1.5 liter bottle) 2.26 $ 1.89 $      -16.4 %
Bottle of Wine (Mid-Range) 15.00 $ 14.50 $      -3.3 %
Domestic Beer (0.5 liter bottle) 1.88 $ 1.73 $      -8.1 %
Imported Beer (12 oz small bottle) 3.34 $ 1.88 $      -43.8 %
Cigarettes 20 Pack (Marlboro) 8.75 $ 8.00 $      -8.6 %
Transportation
Houston, TX Edit Memphis, TN Edit
One-way Ticket (Local Transport) 1.25 $ 1.25 $      0.0 %
Monthly Pass (Regular Price) 75.00 $ 12.50 $      -83.3 %
Taxi Start (Normal Tariff) 4.25 $ 2.00 $      -52.9 %
Taxi 1 mile (Normal Tariff) 3.00 $ 2.20 $      -26.7 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $ 20.00 $      -33.3 %
Gasoline (1 gallon) 3.11 $ 3.23 $      +4.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,139.19 $ 33,000.00 $      -0.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,105.84 $ 27,344.38 $      +4.7 %
Utilities (Monthly)
Houston, TX Edit Memphis, TN Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 193.30 $ 238.43 $      +23.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 58.95 $ 54.50 $      -7.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 69.26 $ 72.43 $      +4.6 %
Sports And Leisure
Houston, TX Edit Memphis, TN Edit
Fitness Club, Monthly Fee for 1 Adult 39.66 $ 30.00 $      -24.4 %
Tennis Court Rent (1 Hour on Weekend) 15.83 $ 18.00 $      +13.7 %
Cinema, International Release, 1 Seat 15.00 $ 13.00 $      -13.3 %
Childcare
Houston, TX Edit Memphis, TN Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,244.14 $ 1,436.67 $      +15.5 %
International Primary School, Yearly for 1 Child 25,333.33 $ 27,240.00 $      +7.5 %
Clothing And Shoes
Houston, TX Edit Memphis, TN Edit
1 Pair of Jeans (Levis 501 Or Similar) 49.00 $ 46.74 $      -4.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 43.40 $ 33.75 $      -22.2 %
1 Pair of Nike Running Shoes (Mid-Range) 101.64 $ 79.71 $      -21.6 %
1 Pair of Men Leather Business Shoes 134.56 $ 152.80 $      +13.6 %
Rent Per Month
Houston, TX Edit Memphis, TN Edit
Apartment (1 bedroom) in City Centre 1,601.96 $ 1,024.00 $      -36.1 %
Apartment (1 bedroom) Outside of Centre 1,213.24 $ 1,018.75 $      -16.0 %
Apartment (3 bedrooms) in City Centre 3,436.03 $ 1,728.33 $      -49.7 %
Apartment (3 bedrooms) Outside of Centre 2,127.86 $ 1,661.00 $      -21.9 %
Buy Apartment Price
Houston, TX Edit Memphis, TN Edit
Price per Square Feet to Buy Apartment in City Centre 348.28 $ 126.83 $      -63.6 %
Price per Square Feet to Buy Apartment Outside of Centre 254.44 $ 126.83 $      -50.2 %
Salaries And Financing
Houston, TX Edit Memphis, TN Edit
Average Monthly Net Salary (After Tax) 4,841.41 $ 3,706.29 $      -23.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.61 6.58      -0.5 %
Last update: May 2024May 2024
Contributors in the past 12 months:21231