Cost of Living Comparison Between Memphis, TN and Chicago, IL 
| Indices Difference |  |
|---|---|
| Consumer Prices in Chicago, IL are 28.0% higher than in Memphis, TN (without rent) | |
| Consumer Prices Including Rent in Chicago, IL are 51.6% higher than in Memphis, TN | |
| Rent Prices in Chicago, IL are 112.2% higher than in Memphis, TN | |
| Restaurant Prices in Chicago, IL are 47.0% higher than in Memphis, TN | |
| Groceries Prices in Chicago, IL are 30.3% higher than in Memphis, TN | |
| Local Purchasing Power in Chicago, IL is 9.7% lower than in Memphis, TN | |
Restaurants | Memphis, TN Edit |
Chicago, IL Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 15.50 $ | 25.00 $ | +61.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 65.00 $ | 100.00 $ | +53.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 9.00 $ | 12.00 $ | +33.3 % |
| Domestic Beer (1 pint draught) | 5.00 $ | 8.00 $ | +60.0 % |
| Imported Beer (12 oz small bottle) | 8.00 $ | 8.00 $ | 0.0 % |
| Cappuccino (regular) | 4.67 $ | 5.19 $ | +11.3 % |
| Coke/Pepsi (12 oz small bottle) | 2.12 $ | 2.99 $ | +41.2 % |
| Water (12 oz small bottle) | 1.87 $ | 2.39 $ | +28.1 % |
Markets | Memphis, TN Edit |
Chicago, IL Edit | |
| Milk (regular), (1 gallon) | 3.82 $ | 4.04 $ | +5.7 % |
| Loaf of Fresh White Bread (1 lb) | 2.19 $ | 3.84 $ | +75.0 % |
| Rice (white), (1 lb) | 1.76 $ | 2.85 $ | +61.9 % |
| Eggs (regular) (12) | 4.33 $ | 4.07 $ | -5.9 % |
| Local Cheese (1 lb) | 4.65 $ | 7.52 $ | +61.6 % |
| Chicken Fillets (1 lb) | 4.74 $ | 6.74 $ | +42.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 7.66 $ | 9.46 $ | +23.5 % |
| Apples (1 lb) | 2.21 $ | 2.70 $ | +22.0 % |
| Banana (1 lb) | 0.78 $ | 0.89 $ | +15.1 % |
| Oranges (1 lb) | 1.71 $ | 2.10 $ | +22.8 % |
| Tomato (1 lb) | 2.18 $ | 2.24 $ | +2.5 % |
| Potato (1 lb) | 1.88 $ | 1.19 $ | -36.4 % |
| Onion (1 lb) | 1.39 $ | 1.35 $ | -3.1 % |
| Lettuce (1 head) | 2.24 $ | 2.25 $ | +0.2 % |
| Water (1.5 liter bottle) | 1.89 $ | 2.62 $ | +38.7 % |
| Bottle of Wine (Mid-Range) | 14.50 $ | 15.00 $ | +3.4 % |
| Domestic Beer (0.5 liter bottle) | 1.73 $ | 2.43 $ | +40.8 % |
| Imported Beer (12 oz small bottle) | 1.88 $ | 4.31 $ | +129.9 % |
| Cigarettes 20 Pack (Marlboro) | 8.00 $ | 16.50 $ | +106.2 % |
Transportation | Memphis, TN Edit |
Chicago, IL Edit | |
| One-way Ticket (Local Transport) | 1.25 $ | 2.50 $ | +100.0 % |
| Monthly Pass (Regular Price) | 12.50 $ | 80.00 $ | +540.0 % |
| Taxi Start (Normal Tariff) | 2.00 $ | 3.25 $ | +62.5 % |
| Taxi 1 mile (Normal Tariff) | 2.20 $ | 2.25 $ | +2.3 % |
| Taxi 1hour Waiting (Normal Tariff) | 20.00 $ | 25.00 $ | +25.0 % |
| Gasoline (1 gallon) | 3.23 $ | 4.21 $ | +30.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 33,000.00 $ | 37,383.69 $ | +13.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 27,344.38 $ | 27,211.87 $ | -0.5 % |
Utilities (Monthly) | Memphis, TN Edit |
Chicago, IL Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 238.43 $ | 157.44 $ | -34.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 54.50 $ | 54.48 $ | -0.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 72.43 $ | 57.38 $ | -20.8 % |
Sports And Leisure | Memphis, TN Edit |
Chicago, IL Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 30.00 $ | 78.67 $ | +162.2 % |
| Tennis Court Rent (1 Hour on Weekend) | 18.00 $ | 6.25 $ | -65.3 % |
| Cinema, International Release, 1 Seat | 13.00 $ | 15.00 $ | +15.4 % |
Childcare | Memphis, TN Edit |
Chicago, IL Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,436.67 $ | 2,170.00 $ | +51.0 % |
| International Primary School, Yearly for 1 Child | 27,240.00 $ | 45,450.00 $ | +66.9 % |
Clothing And Shoes | Memphis, TN Edit |
Chicago, IL Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 46.74 $ | 60.46 $ | +29.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 33.75 $ | 53.75 $ | +59.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 79.71 $ | 97.19 $ | +21.9 % |
| 1 Pair of Men Leather Business Shoes | 152.80 $ | 128.06 $ | -16.2 % |
Rent Per Month | Memphis, TN Edit |
Chicago, IL Edit | |
| Apartment (1 bedroom) in City Centre | 1,024.00 $ | 2,446.74 $ | +138.9 % |
| Apartment (1 bedroom) Outside of Centre | 1,018.75 $ | 1,507.04 $ | +47.9 % |
| Apartment (3 bedrooms) in City Centre | 1,728.33 $ | 4,608.70 $ | +166.7 % |
| Apartment (3 bedrooms) Outside of Centre | 1,661.00 $ | 2,963.64 $ | +78.4 % |
Buy Apartment Price | Memphis, TN Edit |
Chicago, IL Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 126.83 $ | 334.28 $ | +163.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 126.83 $ | 260.01 $ | +105.0 % |
Salaries And Financing | Memphis, TN Edit |
Chicago, IL Edit | |
| Average Monthly Net Salary (After Tax) | 3,706.29 $ | 5,073.92 $ | +36.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.58 | 6.64 | +0.9 % |
| Last update: | March 2024 | May 2024 | |
| Contributors in the past 12 months: | 30 | 219 |
Moving to Memphis, TN? Explore:
Moving to Chicago, IL? 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 Chicago, IL: | Cost of Living in Oak Park, Illinois | 9.14 miles |
| Cost of Living in Evanston, Illinois | 14.20 miles |
| Cost of Living in La Grange Park, Illinois | 15.03 miles |
| Cost of Living in Franklin Park, Illinois | 16.69 miles |
| Cost of Living in Des Plaines, Illinois | 20.82 miles |
| Cost of Living in East Chicago, Indiana | 23.76 miles |
| Cost of Living in Wheaton, Illinois | 25.81 miles |
| Cost of Living in Bolingbrook, Illinois | 29.21 miles |
| Cost of Living in Naperville, Illinois | 30.13 miles |
| Cost of Living in Schaumburg, Illinois | 30.60 miles |