Cost of Living Comparison Between Phoenix, AZ and Memphis, TN 
| Indices Difference |  |
|---|---|
| Consumer Prices in Memphis, TN are 7.0% lower than in Phoenix, AZ (without rent) | |
| Consumer Prices Including Rent in Memphis, TN are 15.6% lower than in Phoenix, AZ | |
| Rent Prices in Memphis, TN are 31.9% lower than in Phoenix, AZ | |
| Restaurant Prices in Memphis, TN are 17.8% lower than in Phoenix, AZ | |
| Groceries Prices in Memphis, TN are 1.3% 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 | 19.99 $ | 15.00 $ | -25.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 80.00 $ | 62.50 $ | -21.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 10.00 $ | 10.00 $ | 0.0 % |
| Domestic Beer (1 pint draught) | 5.50 $ | 5.50 $ | 0.0 % |
| Imported Beer (12 oz small bottle) | 6.38 $ | 8.00 $ | +25.5 % |
| Cappuccino (regular) | 5.36 $ | 4.57 $ | -14.8 % |
| Coke/Pepsi (12 oz small bottle) | 2.59 $ | 2.23 $ | -14.0 % |
| Water (12 oz small bottle) | 1.94 $ | 1.89 $ | -2.7 % |
Markets | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Milk (regular), (1 gallon) | 3.45 $ | 3.82 $ | +10.9 % |
| Loaf of Fresh White Bread (1 lb) | 3.34 $ | 2.19 $ | -34.2 % |
| Rice (white), (1 lb) | 1.95 $ | 1.76 $ | -9.7 % |
| Eggs (regular) (12) | 3.67 $ | 4.33 $ | +17.9 % |
| Local Cheese (1 lb) | 4.91 $ | 4.65 $ | -5.3 % |
| Chicken Fillets (1 lb) | 4.45 $ | 4.74 $ | +6.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 6.27 $ | 7.66 $ | +22.2 % |
| Apples (1 lb) | 2.08 $ | 2.21 $ | +6.2 % |
| Banana (1 lb) | 0.66 $ | 0.78 $ | +18.1 % |
| Oranges (1 lb) | 1.84 $ | 1.71 $ | -6.9 % |
| Tomato (1 lb) | 1.96 $ | 2.18 $ | +11.3 % |
| Potato (1 lb) | 1.42 $ | 1.88 $ | +32.4 % |
| Onion (1 lb) | 1.27 $ | 1.39 $ | +9.6 % |
| Lettuce (1 head) | 1.85 $ | 2.24 $ | +21.0 % |
| Water (1.5 liter bottle) | 2.43 $ | 1.89 $ | -22.4 % |
| Bottle of Wine (Mid-Range) | 15.00 $ | 14.50 $ | -3.3 % |
| Domestic Beer (0.5 liter bottle) | 2.09 $ | 1.73 $ | -17.2 % |
| Imported Beer (12 oz small bottle) | 4.51 $ | 1.88 $ | -58.5 % |
| Cigarettes 20 Pack (Marlboro) | 9.00 $ | 8.00 $ | -11.1 % |
Transportation | Phoenix, AZ Edit |
Memphis, TN Edit | |
| One-way Ticket (Local Transport) | 2.00 $ | 1.25 $ | -37.5 % |
| Monthly Pass (Regular Price) | 55.00 $ | 12.50 $ | -77.3 % |
| Taxi Start (Normal Tariff) | 2.75 $ | 2.00 $ | -27.3 % |
| 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) | 4.05 $ | 3.23 $ | -20.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 30,000.00 $ | 33,000.00 $ | +10.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 27,595.23 $ | 27,344.38 $ | -0.9 % |
Utilities (Monthly) | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 236.80 $ | 238.43 $ | +0.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 69.60 $ | 54.50 $ | -21.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 68.91 $ | 72.43 $ | +5.1 % |
Sports And Leisure | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 26.62 $ | 30.00 $ | +12.7 % |
| Tennis Court Rent (1 Hour on Weekend) | 19.33 $ | 18.00 $ | -6.9 % |
| Cinema, International Release, 1 Seat | 12.75 $ | 13.00 $ | +2.0 % |
Childcare | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,142.86 $ | 1,436.67 $ | +25.7 % |
| International Primary School, Yearly for 1 Child | 10,400.00 $ | 27,240.00 $ | +161.9 % |
Clothing And Shoes | Phoenix, AZ Edit |
Memphis, TN Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 46.67 $ | 46.74 $ | +0.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 39.44 $ | 33.75 $ | -14.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 86.67 $ | 79.71 $ | -8.0 % |
| 1 Pair of Men Leather Business Shoes | 110.72 $ | 152.80 $ | +38.0 % |
Rent Per Month | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Apartment (1 bedroom) in City Centre | 1,569.22 $ | 1,024.00 $ | -34.7 % |
| Apartment (1 bedroom) Outside of Centre | 1,391.93 $ | 1,018.75 $ | -26.8 % |
| Apartment (3 bedrooms) in City Centre | 2,677.23 $ | 1,728.33 $ | -35.4 % |
| Apartment (3 bedrooms) Outside of Centre | 2,335.29 $ | 1,661.00 $ | -28.9 % |
Buy Apartment Price | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 319.48 $ | 126.83 $ | -60.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 268.51 $ | 126.83 $ | -52.8 % |
Salaries And Financing | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Average Monthly Net Salary (After Tax) | 4,557.29 $ | 3,706.29 $ | -18.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.52 | 6.58 | +1.0 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 151 | 31 |
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 |