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

Indices DifferenceInfo
Cost of Living in Nashville, TN is 12.9% higher than in Memphis, TN (without rent)
Cost of Living Including Rent in Nashville, TN is 32.1% higher than in Memphis, TN
Rent Prices in Nashville, TN are 81.6% higher than in Memphis, TN
Restaurant Prices in Nashville, TN are 9.9% higher than in Memphis, TN
Groceries Prices in Nashville, TN are 12.9% higher than in Memphis, TN
Local Purchasing Power in Nashville, TN is 8.1% lower than in Memphis, TN
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Memphis, TN Edit Nashville, TN Edit Difference
Meal, Inexpensive Restaurant 16.00 $ 18.00 $      +12.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 70.00 $ 77.50 $      +10.7 %
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) 4.75 $ 5.08 $      +7.0 %
Coke/Pepsi (12 oz small bottle) 2.30 $ 2.44 $      +6.2 %
Water (12 oz small bottle) 1.89 $ 2.33 $      +23.3 %
Markets
Memphis, TN Edit Nashville, TN Edit
Milk (regular), (1 gallon) 3.63 $ 4.25 $      +17.2 %
Loaf of Fresh White Bread (1 lb) 2.43 $ 3.55 $      +46.0 %
Rice (white), (1 lb) 1.76 $ 2.31 $      +31.1 %
Eggs (regular) (12) 4.33 $ 2.95 $      -31.8 %
Local Cheese (1 lb) 4.65 $ 6.27 $      +34.8 %
Chicken Fillets (1 lb) 4.74 $ 6.73 $      +41.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.66 $ 7.61 $      -0.7 %
Apples (1 lb) 2.21 $ 2.56 $      +15.7 %
Banana (1 lb) 0.78 $ 0.89 $      +14.0 %
Oranges (1 lb) 1.71 $ 2.31 $      +35.1 %
Tomato (1 lb) 2.18 $ 2.36 $      +7.9 %
Potato (1 lb) 1.88 $ 1.25 $      -33.4 %
Onion (1 lb) 1.39 $ 1.40 $      +0.5 %
Lettuce (1 head) 2.24 $ 2.45 $      +9.1 %
Water (1.5 liter bottle) 1.89 $ 2.18 $      +15.5 %
Bottle of Wine (Mid-Range) 14.50 $ 15.00 $      +3.4 %
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 $ 7.75 $      -3.1 %
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 $      +1.8 %
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 $ 26,597.89 $      -2.7 %
Utilities (Monthly)
Memphis, TN Edit Nashville, TN Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 238.43 $ 166.10 $      -30.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 54.50 $ 66.92 $      +22.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 72.43 $ 73.53 $      +1.5 %
Sports And Leisure
Memphis, TN Edit Nashville, TN Edit
Fitness Club, Monthly Fee for 1 Adult 30.00 $ 34.17 $      +13.9 %
Tennis Court Rent (1 Hour on Weekend) 18.00 $ 37.50 $      +108.3 %
Cinema, International Release, 1 Seat 13.00 $ 15.00 $      +15.4 %
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) 46.74 $ 54.18 $      +15.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 33.75 $ 47.88 $      +41.9 %
1 Pair of Nike Running Shoes (Mid-Range) 79.71 $ 92.93 $      +16.6 %
1 Pair of Men Leather Business Shoes 152.80 $ 131.50 $      -13.9 %
Rent Per Month
Memphis, TN Edit Nashville, TN Edit
Apartment (1 bedroom) in City Centre 1,024.00 $ 2,065.00 $      +101.7 %
Apartment (1 bedroom) Outside of Centre 1,018.75 $ 1,582.19 $      +55.3 %
Apartment (3 bedrooms) in City Centre 1,755.50 $ 3,773.53 $      +115.0 %
Apartment (3 bedrooms) Outside of Centre 1,691.82 $ 2,548.61 $      +50.6 %
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) 3,706.29 $ 4,496.47 $      +21.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.58 6.55      -0.5 %
Last update: June 2024June 2024
Contributors in the past 12 months:3374