Cost of Living Comparison Between Memphis, TN and New York, NY 
| Indices Difference |  |
|---|---|
| Consumer Prices in New York, NY are 54.8% higher than in Memphis, TN (without rent) | |
| Consumer Prices Including Rent in New York, NY are 112.5% higher than in Memphis, TN | |
| Rent Prices in New York, NY are 260.9% higher than in Memphis, TN | |
| Restaurant Prices in New York, NY are 76.8% higher than in Memphis, TN | |
| Groceries Prices in New York, NY are 43.5% higher than in Memphis, TN | |
| Local Purchasing Power in New York, NY is 27.0% lower than in Memphis, TN | |
Restaurants | Memphis, TN Edit |
New York, NY Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 15.50 $ | 30.00 $ | +93.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 65.00 $ | 130.00 $ | +100.0 % |
| 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 $ | 11.00 $ | +37.5 % |
| Cappuccino (regular) | 4.67 $ | 5.56 $ | +19.1 % |
| Coke/Pepsi (12 oz small bottle) | 2.12 $ | 3.04 $ | +43.6 % |
| Water (12 oz small bottle) | 1.87 $ | 2.29 $ | +22.4 % |
Markets | Memphis, TN Edit |
New York, NY Edit | |
| Milk (regular), (1 gallon) | 3.77 $ | 5.76 $ | +53.0 % |
| Loaf of Fresh White Bread (1 lb) | 2.19 $ | 4.29 $ | +95.6 % |
| Rice (white), (1 lb) | 1.76 $ | 3.22 $ | +83.1 % |
| Eggs (regular) (12) | 4.33 $ | 5.40 $ | +24.6 % |
| Local Cheese (1 lb) | 4.65 $ | 7.57 $ | +62.7 % |
| Chicken Fillets (1 lb) | 4.74 $ | 6.97 $ | +47.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 7.66 $ | 8.64 $ | +12.8 % |
| Apples (1 lb) | 2.21 $ | 3.06 $ | +38.4 % |
| Banana (1 lb) | 0.71 $ | 0.92 $ | +31.0 % |
| Oranges (1 lb) | 1.71 $ | 2.66 $ | +55.3 % |
| Tomato (1 lb) | 2.18 $ | 2.81 $ | +28.9 % |
| Potato (1 lb) | 1.88 $ | 1.81 $ | -3.3 % |
| Onion (1 lb) | 1.39 $ | 1.63 $ | +16.9 % |
| Lettuce (1 head) | 2.24 $ | 2.88 $ | +28.2 % |
| Water (1.5 liter bottle) | 1.89 $ | 2.41 $ | +27.5 % |
| Bottle of Wine (Mid-Range) | 14.50 $ | 20.00 $ | +37.9 % |
| Domestic Beer (0.5 liter bottle) | 1.73 $ | 2.53 $ | +46.4 % |
| Imported Beer (12 oz small bottle) | 1.88 $ | 3.81 $ | +103.0 % |
| Cigarettes 20 Pack (Marlboro) | 8.00 $ | 17.00 $ | +112.5 % |
Transportation | Memphis, TN Edit |
New York, NY Edit | |
| One-way Ticket (Local Transport) | 1.25 $ | 2.90 $ | +132.0 % |
| Monthly Pass (Regular Price) | 12.50 $ | 132.00 $ | +956.0 % |
| Taxi Start (Normal Tariff) | 2.00 $ | 5.00 $ | +150.0 % |
| Taxi 1 mile (Normal Tariff) | 2.20 $ | 3.50 $ | +59.1 % |
| Taxi 1hour Waiting (Normal Tariff) | 20.00 $ | 30.00 $ | +50.0 % |
| Gasoline (1 gallon) | 3.23 $ | 3.89 $ | +20.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 33,000.00 $ | 28,000.00 $ | -15.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 27,344.38 $ | 27,049.17 $ | -1.1 % |
Utilities (Monthly) | Memphis, TN Edit |
New York, NY Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 238.43 $ | 178.15 $ | -25.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 54.50 $ | 64.70 $ | +18.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 72.43 $ | 69.77 $ | -3.7 % |
Sports And Leisure | Memphis, TN Edit |
New York, NY Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 30.00 $ | 132.14 $ | +340.5 % |
| Tennis Court Rent (1 Hour on Weekend) | 18.00 $ | 74.17 $ | +312.0 % |
| Cinema, International Release, 1 Seat | 13.00 $ | 20.00 $ | +53.8 % |
Childcare | Memphis, TN Edit |
New York, NY Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,436.67 $ | 3,065.64 $ | +113.4 % |
| International Primary School, Yearly for 1 Child | 27,240.00 $ | 63,250.00 $ | +132.2 % |
Clothing And Shoes | Memphis, TN Edit |
New York, NY Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 46.74 $ | 69.52 $ | +48.7 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 33.75 $ | 45.42 $ | +34.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 79.71 $ | 96.00 $ | +20.4 % |
| 1 Pair of Men Leather Business Shoes | 152.80 $ | 161.86 $ | +5.9 % |
Rent Per Month | Memphis, TN Edit |
New York, NY Edit | |
| Apartment (1 bedroom) in City Centre | 1,024.00 $ | 4,162.14 $ | +306.5 % |
| Apartment (1 bedroom) Outside of Centre | 1,018.75 $ | 2,839.97 $ | +178.8 % |
| Apartment (3 bedrooms) in City Centre | 1,728.33 $ | 8,250.20 $ | +377.4 % |
| Apartment (3 bedrooms) Outside of Centre | 1,661.00 $ | 4,353.33 $ | +162.1 % |
Buy Apartment Price | Memphis, TN Edit |
New York, NY Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 126.83 $ | 1,644.57 $ | +1,196.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 126.83 $ | 1,091.71 $ | +760.8 % |
Salaries And Financing | Memphis, TN Edit |
New York, NY Edit | |
| Average Monthly Net Salary (After Tax) | 3,706.29 $ | 5,750.71 $ | +55.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.58 | 6.65 | +1.0 % |
| Last update: | March 2024 | April 2024 | |
| Contributors in the past 12 months: | 30 | 500 |
Moving to Memphis, TN? Explore:
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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 New York, NY: | Cost of Living in Jersey City, New Jersey | 4.58 miles |
| Cost of Living in East Rutherford, New Jersey | 10.01 miles |
| Cost of Living in Rutherford, New Jersey | 10.22 miles |
| Cost of Living in Newark, New Jersey | 11.63 miles |
| Cost of Living in Paterson, New Jersey | 17.95 miles |
| Cost of Living in Bergen County, New Jersey | 20.13 miles |
| Cost of Living in Hempstead, New York | 22.26 miles |
| Cost of Living in West Caldwell, New Jersey | 23.56 miles |
| Cost of Living in Woodbridge, New Jersey | 25.26 miles |
| Cost of Living in Parsippany-Troy Hills, New Jersey | 30.18 miles |