Cost of Living Comparison Between Memphis, TN and Nashville, TN 

Indices DifferenceInfo
Consumer Prices in Nashville, TN are 14.47% higher than in Memphis, TN (without rent)
Consumer Prices Including Rent in Nashville, TN are 29.63% higher than in Memphis, TN
Rent Prices in Nashville, TN are 64.14% higher than in Memphis, TN
Restaurant Prices in Nashville, TN are 10.41% higher than in Memphis, TN
Groceries Prices in Nashville, TN are 19.77% higher than in Memphis, TN
Local Purchasing Power in Nashville, TN is 6.86% higher than in Memphis, TN
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Memphis, TN Edit Nashville, TN Edit Difference
Meal, Inexpensive Restaurant 15.00 $ 15.00 $      0.00 %
Meal for 2 People, Mid-range Restaurant, Three-course 50.00 $ 62.50 $      +25.00 %
McMeal at McDonalds (or Equivalent Combo Meal) 6.00 $ 8.00 $      +33.33 %
Domestic Beer (1 pint draught) 5.00 $ 5.00 $      0.00 %
Imported Beer (12 oz small bottle) 7.00 $ 7.00 $      0.00 %
Cappuccino (regular) 4.50 $ 4.72 $      +4.85 %
Coke/Pepsi (12 oz small bottle) 1.72 $ 2.15 $      +25.05 %
Water (12 oz small bottle) 1.55 $ 1.66 $      +7.33 %
Markets
Memphis, TN Edit Nashville, TN Edit
Milk (regular), (1 gallon) 2.96 $ 3.30 $      +11.52 %
Loaf of Fresh White Bread (1 lb) 1.91 $ 2.52 $      +32.01 %
Rice (white), (1 lb) 1.88 $ 1.39 $      -26.33 %
Eggs (regular) (12) 1.68 $ 1.95 $      +15.89 %
Local Cheese (1 lb) 4.20 $ 5.69 $      +35.47 %
Chicken Fillets (1 lb) 2.78 $ 3.81 $      +37.30 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 3.95 $ 6.03 $      +52.59 %
Apples (1 lb) 1.91 $ 2.52 $      +31.75 %
Banana (1 lb) 0.53 $ 0.64 $      +21.83 %
Oranges (1 lb) 1.78 $ 1.96 $      +10.22 %
Tomato (1 lb) 1.54 $ 1.77 $      +14.94 %
Potato (1 lb) 1.05 $ 1.04 $      -0.12 %
Onion (1 lb) 0.61 $ 1.23 $      +101.09 %
Lettuce (1 head) 1.33 $ 1.82 $      +37.55 %
Water (1.5 liter bottle) 1.93 $ 1.79 $      -7.34 %
Bottle of Wine (Mid-Range) 13.00 $ 15.00 $      +15.38 %
Domestic Beer (0.5 liter bottle) 2.03 $ 2.08 $      +2.35 %
Imported Beer (12 oz small bottle) 3.48 $ 2.58 $      -25.85 %
Cigarettes 20 Pack (Marlboro) 6.79 $ 6.09 $      -10.38 %
Transportation
Memphis, TN Edit Nashville, TN Edit
One-way Ticket (Local Transport) 1.75 $ 2.00 $      +14.29 %
Monthly Pass (Regular Price) 50.00 $ 65.00 $      +30.00 %
Taxi Start (Normal Tariff) 2.00 $ 3.50 $      +75.00 %
Taxi 1 mile (Normal Tariff) 2.40 $ 2.00 $      -16.67 %
Taxi 1hour Waiting (Normal Tariff) 20.00 $ 18.00 $      -10.00 %
Gasoline (1 gallon) 2.26 $ 2.30 $      +1.78 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 23,195.00 $ 23,422.50 $      +0.98 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 20,739.12 $ 22,069.62 $      +6.42 %
Utilities (Monthly)
Memphis, TN Edit Nashville, TN Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 171.66 $ 160.56 $      -6.47 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.07 $ 0.18 $      +152.38 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 81.10 $ 70.29 $      -13.33 %
Sports And Leisure
Memphis, TN Edit Nashville, TN Edit
Fitness Club, Monthly Fee for 1 Adult 25.46 $ 48.19 $      +89.27 %
Tennis Court Rent (1 Hour on Weekend) 25.00 $ 15.00 $      -40.00 %
Cinema, International Release, 1 Seat 10.00 $ 13.00 $      +30.00 %
Childcare
Memphis, TN Edit Nashville, TN Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 667.40 $ 1,074.00 $      +60.92 %
International Primary School, Yearly for 1 Child 11,191.00 $ 23,000.00 $      +105.52 %
Clothing And Shoes
Memphis, TN Edit Nashville, TN Edit
1 Pair of Jeans (Levis 501 Or Similar) 43.50 $ 53.34 $      +22.63 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 31.50 $ 39.50 $      +25.40 %
1 Pair of Nike Running Shoes (Mid-Range) 71.90 $ 78.58 $      +9.29 %
1 Pair of Men Leather Business Shoes 95.50 $ 94.55 $      -1.00 %
Rent Per Month
Memphis, TN Edit Nashville, TN Edit
Apartment (1 bedroom) in City Centre 1,025.58 $ 1,696.92 $      +65.46 %
Apartment (1 bedroom) Outside of Centre 866.92 $ 1,206.12 $      +39.13 %
Apartment (3 bedrooms) in City Centre 1,608.07 $ 2,994.74 $      +86.23 %
Apartment (3 bedrooms) Outside of Centre 1,247.50 $ 1,895.90 $      +51.98 %
Buy Apartment Price
Memphis, TN Edit Nashville, TN Edit
Price per Square Feet to Buy Apartment in City Centre 101.47 $ 356.67 $      +251.51 %
Price per Square Feet to Buy Apartment Outside of Centre 44.92 $ 147.92 $      +229.33 %
Salaries And Financing
Memphis, TN Edit Nashville, TN Edit
Average Monthly Net Salary (After Tax) 2,784.60 $ 3,857.48 $      +38.53 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.80 3.78      -0.46 %
Last update: June 2021June 2021
Contributors in the past 12 months:4683