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

Indices DifferenceInfo
Consumer Prices in Nashville, TN are 15.92% higher than in Memphis, TN (without rent)
Rent Prices in Nashville, TN are 65.82% higher than in Memphis, TN
Restaurant Prices in Nashville, TN are 20.14% higher than in Memphis, TN
Groceries Prices in Nashville, TN are 19.05% higher than in Memphis, TN
Local Purchasing Power in Nashville, TN is 4.49% 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 45.00 $ 75.00 $      +66.67 %
McMeal at McDonalds (or Equivalent Combo Meal) 6.50 $ 8.00 $      +23.08 %
Domestic Beer (1 pint draught) 5.00 $ 5.00 $      0.00 %
Imported Beer (12 oz small bottle) 6.00 $ 7.00 $      +16.67 %
Cappuccino (regular) 4.86 $ 4.58 $      -5.77 %
Coke/Pepsi (12 oz small bottle) 1.72 $ 1.90 $      +10.55 %
Water (12 oz small bottle) 1.32 $ 1.57 $      +18.49 %
Markets
Memphis, TN[ Edit ] Nashville, TN[ Edit ]
Milk (regular), (1 gallon) 3.62 $ 3.03 $      -16.34 %
Loaf of Fresh White Bread (1 lb) 2.03 $ 2.45 $      +20.27 %
Rice (white), (1 lb) 1.86 $ 1.60 $      -13.89 %
Eggs (regular) (12) 2.14 $ 1.82 $      -15.05 %
Local Cheese (1 lb) 4.58 $ 5.52 $      +20.52 %
Chicken Fillets (1 lb) 2.79 $ 3.97 $      +42.46 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 3.74 $ 5.08 $      +35.72 %
Apples (1 lb) 1.91 $ 2.12 $      +10.54 %
Banana (1 lb) 0.58 $ 0.66 $      +13.54 %
Oranges (1 lb) 1.37 $ 1.79 $      +30.76 %
Tomato (1 lb) 1.33 $ 1.79 $      +34.59 %
Potato (1 lb) 0.91 $ 1.13 $      +24.49 %
Onion (1 lb) 0.90 $ 1.08 $      +20.86 %
Lettuce (1 head) 1.20 $ 1.53 $      +27.86 %
Water (1.5 liter bottle) 1.92 $ 2.17 $      +13.14 %
Bottle of Wine (Mid-Range) 12.50 $ 15.00 $      +20.00 %
Domestic Beer (0.5 liter bottle) 1.76 $ 2.16 $      +22.76 %
Imported Beer (12 oz small bottle) 3.42 $ 2.70 $      -20.98 %
Cigarettes 20 Pack (Marlboro) 5.30 $ 6.00 $      +13.21 %
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 $ 3.00 $      +50.00 %
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) 2.22 $ 2.37 $      +6.67 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,569.50 $ 25,000.00 $      -2.23 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 21,101.86 $ 21,132.12 $      +0.14 %
Utilities (Monthly)
Memphis, TN[ Edit ] Nashville, TN[ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 160.31 $ 174.02 $      +8.56 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.07 $ 0.20 $      +178.57 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 74.92 $ 69.43 $      -7.33 %
Sports And Leisure
Memphis, TN[ Edit ] Nashville, TN[ Edit ]
Fitness Club, Monthly Fee for 1 Adult 32.88 $ 44.12 $      +34.19 %
Tennis Court Rent (1 Hour on Weekend) 25.00 $ 15.00 $      -40.00 %
Cinema, International Release, 1 Seat 11.50 $ 13.00 $      +13.04 %
Childcare
Memphis, TN[ Edit ] Nashville, TN[ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 878.00 $ 1,122.22 $      +27.82 %
International Primary School, Yearly for 1 Child 11,191.00 $ 24,285.71 $      +117.01 %
Clothing And Shoes
Memphis, TN[ Edit ] Nashville, TN[ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 46.91 $ 53.17 $      +13.35 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 31.71 $ 41.69 $      +31.45 %
1 Pair of Nike Running Shoes (Mid-Range) 71.36 $ 77.58 $      +8.72 %
1 Pair of Men Leather Business Shoes 96.50 $ 100.12 $      +3.76 %
Rent Per Month
Memphis, TN[ Edit ] Nashville, TN[ Edit ]
Apartment (1 bedroom) in City Centre 1,026.40 $ 1,632.78 $      +59.08 %
Apartment (1 bedroom) Outside of Centre 815.52 $ 1,167.72 $      +43.19 %
Apartment (3 bedrooms) in City Centre 1,504.12 $ 2,792.17 $      +85.63 %
Apartment (3 bedrooms) Outside of Centre 1,094.38 $ 1,770.30 $      +61.76 %
Buy Apartment Price
Memphis, TN[ Edit ] Nashville, TN[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 96.28 $ 276.29 $      +186.97 %
Price per Square Feet to Buy Apartment Outside of Centre 44.37 $ 152.40 $      +243.44 %
Salaries And Financing
Memphis, TN[ Edit ] Nashville, TN[ Edit ]
Average Monthly Net Salary (After Tax) 2,805.50 $ 3,827.94 $      +36.44 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.56 4.20      +17.89 %
Last update: November 2020November 2020
Contributors in the past 12 months:60120