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

Indices DifferenceInfo
Consumer Prices in Memphis, TN are 12.78% lower than in Nashville, TN (without rent)
Consumer Prices Including Rent in Memphis, TN are 21.94% lower than in Nashville, TN
Rent Prices in Memphis, TN are 37.29% lower than in Nashville, TN
Restaurant Prices in Memphis, TN are 10.67% lower than in Nashville, TN
Groceries Prices in Memphis, TN are 17.12% lower than in Nashville, TN
Local Purchasing Power in Memphis, TN is 13.50% lower than in Nashville, TN
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Nashville, TN Edit Memphis, TN Edit Difference
Meal, Inexpensive Restaurant 14.00 $ 15.00 $      +7.14 %
Meal for 2 People, Mid-range Restaurant, Three-course 72.50 $ 50.00 $      -31.03 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 $ 6.00 $      -25.00 %
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) 4.54 $ 4.88 $      +7.42 %
Coke/Pepsi (12 oz small bottle) 1.86 $ 1.78 $      -4.45 %
Water (12 oz small bottle) 1.56 $ 1.26 $      -19.04 %
Markets
Nashville, TN Edit Memphis, TN Edit
Milk (regular), (1 gallon) 3.05 $ 3.24 $      +6.22 %
Loaf of Fresh White Bread (1 lb) 2.45 $ 1.68 $      -31.39 %
Rice (white), (1 lb) 1.60 $ 1.77 $      +10.47 %
Eggs (regular) (12) 1.82 $ 2.07 $      +13.80 %
Local Cheese (1 lb) 5.52 $ 3.88 $      -29.66 %
Chicken Fillets (1 lb) 3.53 $ 2.96 $      -16.05 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.08 $ 3.81 $      -24.89 %
Apples (1 lb) 2.01 $ 1.91 $      -4.94 %
Banana (1 lb) 0.66 $ 0.53 $      -19.74 %
Oranges (1 lb) 1.79 $ 1.37 $      -23.52 %
Tomato (1 lb) 1.79 $ 1.33 $      -25.70 %
Potato (1 lb) 1.13 $ 0.90 $      -19.86 %
Onion (1 lb) 1.08 $ 0.83 $      -23.81 %
Lettuce (1 head) 1.53 $ 1.23 $      -19.44 %
Water (1.5 liter bottle) 2.17 $ 1.78 $      -17.71 %
Bottle of Wine (Mid-Range) 15.00 $ 11.00 $      -26.67 %
Domestic Beer (0.5 liter bottle) 1.99 $ 1.76 $      -11.52 %
Imported Beer (12 oz small bottle) 2.70 $ 3.06 $      +13.52 %
Cigarettes 20 Pack (Marlboro) 6.00 $ 6.04 $      +0.75 %
Transportation
Nashville, TN Edit Memphis, TN Edit
One-way Ticket (Local Transport) 2.00 $ 1.75 $      -12.50 %
Monthly Pass (Regular Price) 65.00 $ 50.00 $      -23.08 %
Taxi Start (Normal Tariff) 3.00 $ 2.00 $      -33.33 %
Taxi 1 mile (Normal Tariff) 2.00 $ 2.40 $      +20.00 %
Taxi 1hour Waiting (Normal Tariff) 18.00 $ 20.00 $      +11.11 %
Gasoline (1 gallon) 2.31 $ 2.18 $      -5.79 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,000.00 $ 25,569.50 $      +2.28 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 22,007.12 $ 21,101.86 $      -4.11 %
Utilities (Monthly)
Nashville, TN Edit Memphis, TN Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 165.83 $ 154.29 $      -6.96 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.20 $ 0.07 $      -64.10 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 67.95 $ 72.90 $      +7.29 %
Sports And Leisure
Nashville, TN Edit Memphis, TN Edit
Fitness Club, Monthly Fee for 1 Adult 44.12 $ 31.40 $      -28.82 %
Tennis Court Rent (1 Hour on Weekend) 15.00 $ 25.00 $      +66.67 %
Cinema, International Release, 1 Seat 13.00 $ 12.00 $      -7.69 %
Childcare
Nashville, TN Edit Memphis, TN Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,099.00 $ 703.00 $      -36.03 %
International Primary School, Yearly for 1 Child 24,285.71 $ 11,191.00 $      -53.92 %
Clothing And Shoes
Nashville, TN Edit Memphis, TN Edit
1 Pair of Jeans (Levis 501 Or Similar) 53.17 $ 46.00 $      -13.48 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 39.19 $ 31.71 $      -19.07 %
1 Pair of Nike Running Shoes (Mid-Range) 77.58 $ 70.90 $      -8.61 %
1 Pair of Men Leather Business Shoes 93.86 $ 94.50 $      +0.68 %
Rent Per Month
Nashville, TN Edit Memphis, TN Edit
Apartment (1 bedroom) in City Centre 1,611.64 $ 1,036.69 $      -35.67 %
Apartment (1 bedroom) Outside of Centre 1,159.09 $ 841.92 $      -27.36 %
Apartment (3 bedrooms) in City Centre 2,720.53 $ 1,502.20 $      -44.78 %
Apartment (3 bedrooms) Outside of Centre 1,735.30 $ 1,150.62 $      -33.69 %
Buy Apartment Price
Nashville, TN Edit Memphis, TN Edit
Price per Square Feet to Buy Apartment in City Centre 315.69 $ 101.47 $      -67.86 %
Price per Square Feet to Buy Apartment Outside of Centre 147.92 $ 44.92 $      -69.64 %
Salaries And Financing
Nashville, TN Edit Memphis, TN Edit
Average Monthly Net Salary (After Tax) 4,077.13 $ 2,752.95 $      -32.48 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.12 3.56      -13.57 %
Last update: January 2021January 2021
Contributors in the past 12 months:5334