Cost of Living Comparison Between Memphis, TN and Nashville, TN 
| Indices Difference |  |
|---|---|
| Cost of Living in Nashville, TN is 9.2% higher than in Memphis, TN (without rent) | |
| Cost of Living Including Rent in Nashville, TN is 26.2% higher than in Memphis, TN | |
| Rent Prices in Nashville, TN are 74.2% higher than in Memphis, TN | |
| Restaurant Prices in Nashville, TN are 4.7% higher than in Memphis, TN | |
| Groceries Prices in Nashville, TN are 1.3% higher than in Memphis, TN | |
| Local Purchasing Power in Nashville, TN is 3.2% higher than in Memphis, TN | |
Restaurants | Memphis, TN Edit |
Nashville, TN Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 17.50 $ | 18.00 $ | +2.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 70.00 $ | 75.00 $ | +7.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 10.00 $ | 10.00 $ | 0.0 % |
| Domestic Beer (1 pint draught) | 6.00 $ | 6.50 $ | +8.3 % |
| Imported Beer (12 oz small bottle) | 8.00 $ | 8.50 $ | +6.2 % |
| Cappuccino (regular) | 4.86 $ | 5.10 $ | +5.0 % |
| Coke/Pepsi (12 oz small bottle) | 2.51 $ | 2.51 $ | +0.1 % |
| Water (12 oz small bottle) | 1.98 $ | 2.36 $ | +19.1 % |
Markets | Memphis, TN Edit |
Nashville, TN Edit | |
| Milk (regular), (1 gallon) | 3.73 $ | 4.26 $ | +14.2 % |
| Loaf of Fresh White Bread (1 lb) | 2.43 $ | 3.60 $ | +47.9 % |
| Rice (white), (1 lb) | 2.10 $ | 2.31 $ | +9.7 % |
| Eggs (regular) (12) | 4.75 $ | 3.29 $ | -30.8 % |
| Local Cheese (1 lb) | 5.13 $ | 6.36 $ | +24.0 % |
| Chicken Fillets (1 lb) | 5.70 $ | 6.87 $ | +20.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 7.71 $ | 7.61 $ | -1.3 % |
| Apples (1 lb) | 3.11 $ | 2.42 $ | -22.1 % |
| Banana (1 lb) | 0.73 $ | 0.91 $ | +25.1 % |
| Oranges (1 lb) | 2.26 $ | 2.31 $ | +2.4 % |
| Tomato (1 lb) | 2.26 $ | 2.20 $ | -2.5 % |
| Potato (1 lb) | 1.88 $ | 1.25 $ | -33.4 % |
| Onion (1 lb) | 1.39 $ | 1.36 $ | -1.9 % |
| Lettuce (1 head) | 2.24 $ | 2.37 $ | +5.7 % |
| Water (1.5 liter bottle) | 2.34 $ | 2.18 $ | -6.9 % |
| Bottle of Wine (Mid-Range) | 15.00 $ | 15.00 $ | 0.0 % |
| Domestic Beer (0.5 liter bottle) | 1.73 $ | 1.86 $ | +7.6 % |
| Imported Beer (12 oz small bottle) | 1.88 $ | 4.15 $ | +121.2 % |
| Cigarettes 20 Pack (Marlboro) | 8.00 $ | 7.50 $ | -6.2 % |
Transportation | Memphis, TN Edit |
Nashville, TN Edit | |
| One-way Ticket (Local Transport) | 1.25 $ | 2.25 $ | +80.0 % |
| Monthly Pass (Regular Price) | 12.50 $ | 70.00 $ | +460.0 % |
| Taxi Start (Normal Tariff) | 2.00 $ | 5.00 $ | +150.0 % |
| Taxi 1 mile (Normal Tariff) | 2.20 $ | 2.50 $ | +13.6 % |
| Taxi 1hour Waiting (Normal Tariff) | 20.00 $ | 21.00 $ | +5.0 % |
| Gasoline (1 gallon) | 3.20 $ | 3.26 $ | +2.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 33,000.00 $ | 30,000.00 $ | -9.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 27,344.38 $ | 26,397.59 $ | -3.5 % |
Utilities (Monthly) | Memphis, TN Edit |
Nashville, TN Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 226.54 $ | 167.18 $ | -26.2 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 55.67 $ | 66.38 $ | +19.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 70.88 $ | 73.00 $ | +3.0 % |
Sports And Leisure | Memphis, TN Edit |
Nashville, TN Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 30.00 $ | 49.14 $ | +63.8 % |
| Tennis Court Rent (1 Hour on Weekend) | 18.00 $ | 37.50 $ | +108.3 % |
| Cinema, International Release, 1 Seat | 13.36 $ | 15.00 $ | +12.3 % |
Childcare | Memphis, TN Edit |
Nashville, TN Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,436.67 $ | 1,341.25 $ | -6.6 % |
| International Primary School, Yearly for 1 Child | 27,240.00 $ | 20,500.00 $ | -24.7 % |
Clothing And Shoes | Memphis, TN Edit |
Nashville, TN Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 46.99 $ | 56.68 $ | +20.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 33.75 $ | 50.33 $ | +49.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 79.67 $ | 93.93 $ | +17.9 % |
| 1 Pair of Men Leather Business Shoes | 152.80 $ | 132.22 $ | -13.5 % |
Rent Per Month | Memphis, TN Edit |
Nashville, TN Edit | |
| Apartment (1 bedroom) in City Centre | 1,121.33 $ | 2,065.00 $ | +84.2 % |
| Apartment (1 bedroom) Outside of Centre | 1,072.22 $ | 1,582.19 $ | +47.6 % |
| Apartment (3 bedrooms) in City Centre | 1,759.55 $ | 3,615.62 $ | +105.5 % |
| Apartment (3 bedrooms) Outside of Centre | 1,700.83 $ | 2,586.76 $ | +52.1 % |
Buy Apartment Price | Memphis, TN Edit |
Nashville, TN 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 $ | 300.00 $ | +136.5 % |
Salaries And Financing | Memphis, TN Edit |
Nashville, TN Edit | |
| Average Monthly Net Salary (After Tax) | 3,563.43 $ | 4,638.15 $ | +30.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.58 | 6.55 | -0.5 % |
| Last update: | July 2024 | July 2024 | |
| Contributors in the past 12 months: | 35 | 81 |
Moving to Memphis, TN? Explore:
Moving to Nashville, TN? 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 Nashville, TN: | Cost of Living in Bowling Green, Kentucky | 64.59 miles |
| Cost of Living in Huntsville, Alabama | 111.42 miles |
| Cost of Living in Arlington, Kentucky | 170.37 miles |
| Cost of Living in Louisville, Kentucky | 174.58 miles |
| Cost of Living in Knoxville, Tennessee | 179.82 miles |
| Cost of Living in Birmingham, Alabama | 192.95 miles |
| Cost of Living in Gadsden, Alabama | 199.54 miles |
| Cost of Living in Memphis, Tennessee | 208.84 miles |
| Cost of Living in Lexington, Kentucky | 214.15 miles |
| Cost of Living in Portageville, Missouri | 215.87 miles |