Cost of Living Comparison Between Phoenix, AZ and Memphis, TN 
| Indices Difference |  |
|---|---|
| Cost of Living in Memphis, TN is 8.0% lower than in Phoenix, AZ (excluding rent) | |
| Cost of Living Including Rent in Memphis, TN is 15.2% lower than in Phoenix, AZ | |
| Rent Prices in Memphis, TN are 30.9% lower than in Phoenix, AZ | |
| Restaurant Prices in Memphis, TN are 6.4% lower than in Phoenix, AZ | |
| Groceries Prices in Memphis, TN are 1.8% higher than in Phoenix, AZ | |
| Local Purchasing Power in Memphis, TN is 3.6% lower than in Phoenix, AZ | |
Restaurants | Phoenix, AZ Edit |
Memphis, TN Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 20.00 $ | 19.50 $ | -2.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 80.00 $ | 75.00 $ | -6.2 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 12.00 $ | 10.00 $ | -16.7 % |
| Domestic Beer (1 pint draught) | 6.00 $ | 6.00 $ | 0.0 % |
| Imported Beer (12 oz small bottle) | 7.00 $ | 8.00 $ | +14.3 % |
| Cappuccino (regular) | 5.86 $ | 5.20 $ | -11.2 % |
| Coke/Pepsi (12 oz small bottle) | 2.70 $ | 2.50 $ | -7.4 % |
| Water (12 oz small bottle) | 2.21 $ | 2.00 $ | -9.3 % |
Markets | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Milk (regular), (1 gallon) | 3.35 $ | 3.69 $ | +9.9 % |
| Loaf of Fresh White Bread (1 lb) | 3.80 $ | 2.57 $ | -32.3 % |
| Rice (white), (1 lb) | 2.27 $ | 2.07 $ | -8.9 % |
| Eggs (regular) (12) | 4.75 $ | 4.12 $ | -13.2 % |
| Local Cheese (1 lb) | 5.42 $ | 5.07 $ | -6.5 % |
| Chicken Fillets (1 lb) | 5.29 $ | 4.94 $ | -6.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 6.19 $ | 7.00 $ | +13.0 % |
| Apples (1 lb) | 2.00 $ | 2.87 $ | +43.6 % |
| Banana (1 lb) | 0.65 $ | 0.72 $ | +10.2 % |
| Oranges (1 lb) | 1.81 $ | 2.42 $ | +34.0 % |
| Tomato (1 lb) | 2.34 $ | 2.20 $ | -6.2 % |
| Potato (1 lb) | 1.52 $ | 2.28 $ | +50.3 % |
| Onion (1 lb) | 1.25 $ | 1.56 $ | +24.9 % |
| Lettuce (1 head) | 1.96 $ | 2.30 $ | +17.6 % |
| Water (1.5 liter bottle) | 2.30 $ | 2.41 $ | +4.8 % |
| Bottle of Wine (Mid-Range) | 15.00 $ | 14.50 $ | -3.3 % |
| Domestic Beer (0.5 liter bottle) | 2.20 $ | 1.73 $ | -21.5 % |
| Imported Beer (12 oz small bottle) | 3.93 $ | 1.88 $ | -52.2 % |
| Cigarettes 20 Pack (Marlboro) | 11.50 $ | 8.00 $ | -30.4 % |
Transportation | Phoenix, AZ Edit |
Memphis, TN Edit | |
| One-way Ticket (Local Transport) | 2.25 $ | 1.25 $ | -44.4 % |
| Monthly Pass (Regular Price) | 62.00 $ | 12.50 $ | -79.8 % |
| Taxi Start (Normal Tariff) | 3.87 $ | 2.00 $ | -48.3 % |
| Taxi 1 mile (Normal Tariff) | 2.20 $ | 2.20 $ | 0.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 36.00 $ | 20.00 $ | -44.4 % |
| Gasoline (1 gallon) | 3.73 $ | 3.02 $ | -19.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 31,000.00 $ | 30,000.00 $ | -3.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 26,631.53 $ | 26,381.90 $ | -0.9 % |
Utilities (Monthly) | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 256.54 $ | 213.78 $ | -16.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 73.50 $ | 58.88 $ | -19.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 81.78 $ | 67.40 $ | -17.6 % |
Sports And Leisure | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 34.08 $ | 37.67 $ | +10.5 % |
| Tennis Court Rent (1 Hour on Weekend) | 14.50 $ | 18.00 $ | +24.1 % |
| Cinema, International Release, 1 Seat | 12.00 $ | 12.86 $ | +7.2 % |
Childcare | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,142.86 $ | 1,561.67 $ | +36.6 % |
| International Primary School, Yearly for 1 Child | 16,800.00 $ | 27,240.00 $ | +62.1 % |
Clothing And Shoes | Phoenix, AZ Edit |
Memphis, TN Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 54.76 $ | 39.99 $ | -27.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 41.15 $ | 32.50 $ | -21.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 93.68 $ | 74.67 $ | -20.3 % |
| 1 Pair of Men Leather Business Shoes | 119.53 $ | 138.60 $ | +16.0 % |
Rent Per Month | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Apartment (1 bedroom) in City Centre | 1,664.45 $ | 1,187.14 $ | -28.7 % |
| Apartment (1 bedroom) Outside of Centre | 1,388.38 $ | 1,131.43 $ | -18.5 % |
| Apartment (3 bedrooms) in City Centre | 2,633.96 $ | 1,571.43 $ | -40.3 % |
| Apartment (3 bedrooms) Outside of Centre | 2,269.04 $ | 1,609.38 $ | -29.1 % |
Buy Apartment Price | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 358.29 $ | 137.28 $ | -61.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 289.01 $ | 137.28 $ | -52.5 % |
Salaries And Financing | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Average Monthly Net Salary (After Tax) | 4,297.98 $ | 3,514.30 $ | -18.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.48 | 6.53 | +0.7 % |
| Last update: | May 2025 | April 2025 | |
| Contributors in the past 12 months: | 126 | 25 |
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 Bartlett, Tennessee | 13.40 miles |
| Cost of Living in Olive Branch, Mississippi | 22.89 miles |
| 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 |