Cost of Living Comparison Between Phoenix, AZ and Memphis, TN 
| Indices Difference |  |
|---|---|
| Not enough data to calculate difference in Consumer Prices | |
| Not enough data to calculate difference in Consumer Prices Including Rent | |
| Rent Prices in Memphis, TN are 33.8% lower than in Phoenix, AZ | |
| Restaurant Prices in Memphis, TN are 17.5% lower than in Phoenix, AZ | |
| Groceries Prices in Memphis, TN are 9.5% lower than in Phoenix, AZ | |
| Not enough data to calculate difference in Local Purchasing Power | |
Restaurants | Phoenix, AZ Edit |
Memphis, TN Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 20.00 $ | 16.00 $ | -20.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 80.00 $ | 65.00 $ | -18.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 11.00 $ | 8.50 $ | -22.7 % |
| Domestic Beer (1 pint draught) | 6.00 $ | 5.00 $ | -16.7 % |
| Imported Beer (12 oz small bottle) | 6.38 $ | 8.00 $ | +25.5 % |
| Cappuccino (regular) | 5.68 $ | 4.96 $ | -12.7 % |
| Coke/Pepsi (12 oz small bottle) | 2.96 $ | 2.12 $ | -28.4 % |
| Water (12 oz small bottle) | 2.42 $ | 1.87 $ | -23.0 % |
Markets | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Milk (regular), (1 gallon) | 3.71 $ | 3.72 $ | +0.3 % |
| Loaf of Fresh White Bread (1 lb) | 3.40 $ | 2.28 $ | -32.8 % |
| Rice (white), (1 lb) | 1.82 $ | 1.51 $ | -16.8 % |
| Eggs (regular) (12) | 3.91 $ | 4.50 $ | +15.1 % |
| Local Cheese (1 lb) | 5.09 $ | 4.32 $ | -15.1 % |
| Chicken Fillets (1 lb) | 4.47 $ | 3.70 $ | -17.3 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 6.42 $ | 6.87 $ | +7.1 % |
| Apples (1 lb) | 2.13 $ | 2.04 $ | -4.5 % |
| Banana (1 lb) | 0.66 $ | 0.67 $ | +1.1 % |
| Oranges (1 lb) | 1.92 $ | 1.51 $ | -21.1 % |
| Tomato (1 lb) | 1.82 $ | 2.04 $ | +12.2 % |
| Potato (1 lb) | 1.39 $ | 1.36 $ | -2.3 % |
| Onion (1 lb) | 1.24 $ | 1.16 $ | -6.8 % |
| Lettuce (1 head) | 1.91 $ | 1.99 $ | +4.5 % |
| Water (1.5 liter bottle) | 2.35 $ | 1.87 $ | -20.3 % |
| Bottle of Wine (Mid-Range) | 14.00 $ | 14.00 $ | +0.0 % |
| Domestic Beer (0.5 liter bottle) | 2.10 $ | 1.73 $ | -17.7 % |
| Imported Beer (12 oz small bottle) | 4.34 $ | 1.88 $ | -56.8 % |
| Cigarettes 20 Pack (Marlboro) | 9.00 $ | 7.00 $ | -22.2 % |
Transportation | Phoenix, AZ Edit |
Memphis, TN Edit | |
| One-way Ticket (Local Transport) | 2.00 $ | 1.50 $ | -25.0 % |
| Monthly Pass (Regular Price) | 64.00 $ | ? | |
| Taxi Start (Normal Tariff) | 6.50 $ | 6.00 $ | -7.7 % |
| Taxi 1 mile (Normal Tariff) | 3.25 $ | ? | |
| Taxi 1hour Waiting (Normal Tariff) | 55.00 $ | ? | |
| Gasoline (1 gallon) | 4.47 $ | 3.36 $ | -24.9 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 28,000.00 $ | 30,000.00 $ | +7.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 27,875.00 $ | 20,702.17 $ | -25.7 % |
Utilities (Monthly) | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 262.74 $ | 275.93 $ | +5.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 85.76 $ | 43.40 $ | -49.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 88.88 $ | 66.78 $ | -24.9 % |
Sports And Leisure | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 45.20 $ | 30.00 $ | -33.6 % |
| Tennis Court Rent (1 Hour on Weekend) | 38.17 $ | 5.00 $ | -86.9 % |
| Cinema, International Release, 1 Seat | 14.00 $ | 13.36 $ | -4.6 % |
Childcare | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,100.00 $ | 873.33 $ | -20.6 % |
| International Primary School, Yearly for 1 Child | 19,300.00 $ | 12,500.00 $ | -35.2 % |
Clothing And Shoes | Phoenix, AZ Edit |
Memphis, TN Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 58.95 $ | 46.12 $ | -21.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 55.75 $ | 36.67 $ | -34.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 100.90 $ | 86.62 $ | -14.2 % |
| 1 Pair of Men Leather Business Shoes | 134.05 $ | 122.33 $ | -8.7 % |
Rent Per Month | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Apartment (1 bedroom) in City Centre | 1,893.48 $ | 1,164.20 $ | -38.5 % |
| Apartment (1 bedroom) Outside of Centre | 1,629.52 $ | 1,021.25 $ | -37.3 % |
| Apartment (3 bedrooms) in City Centre | 3,150.65 $ | 2,183.33 $ | -30.7 % |
| Apartment (3 bedrooms) Outside of Centre | 2,737.57 $ | 1,860.00 $ | -32.1 % |
Buy Apartment Price | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 544.44 $ | 320.00 $ | -41.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 406.87 $ | 284.66 $ | -30.0 % |
Salaries And Financing | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Average Monthly Net Salary (After Tax) | 4,779.14 $ | 4,374.10 $ | -8.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.54 | 6.48 | -1.0 % |
| Last update: | December 2023 | December 2023 | |
| Contributors in the past 12 months: | 197 | 56 |
Moving to Phoenix, AZ? Explore:
Moving to Memphis, TN? Explore:
Cities near Phoenix, AZ: | Cost of Living in Scottsdale, Arizona | 12.83 miles |
| Cost of Living in Peoria, Arizona | 13.45 miles |
| Cost of Living in Cottonwood, Arizona | 103.09 miles |
| Cost of Living in Tucson, Arizona | 116.20 miles |
| Cost of Living in Indio, California | 246.45 miles |
| Cost of Living in Imperial, California | 248.19 miles |
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 |