Cost of Living Comparison Between Phoenix, AZ and Memphis, TN 
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| Indices Difference |  |
|---|---|
| Cost of Living in Memphis, TN is 4.5% lower than in Phoenix, AZ (without rent) | |
| Cost of Living Including Rent in Memphis, TN is 12.8% lower than in Phoenix, AZ | |
| Rent Prices in Memphis, TN are 30.0% lower than in Phoenix, AZ | |
| Restaurant Prices in Memphis, TN are 9.5% lower than in Phoenix, AZ | |
| Groceries Prices in Memphis, TN are 12.1% higher than in Phoenix, AZ | |
| Local Purchasing Power in Memphis, TN is 6.9% lower than in Phoenix, AZ | |
Restaurants | Phoenix, AZ Edit |
Memphis, TN Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 20.00 $ | 17.50 $ | -12.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 80.00 $ | 70.00 $ | -12.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 12.00 $ | 10.00 $ | -16.7 % |
| Domestic Beer (1 pint draught) | 5.25 $ | 6.00 $ | +14.3 % |
| Imported Beer (12 oz small bottle) | 6.12 $ | 8.00 $ | +30.6 % |
| Cappuccino (regular) | 5.19 $ | 4.86 $ | -6.3 % |
| Coke/Pepsi (12 oz small bottle) | 2.70 $ | 2.51 $ | -7.1 % |
| Water (12 oz small bottle) | 2.04 $ | 1.98 $ | -2.9 % |
Markets | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Milk (regular), (1 gallon) | 3.44 $ | 3.73 $ | +8.6 % |
| Loaf of Fresh White Bread (1 lb) | 3.55 $ | 2.43 $ | -31.5 % |
| Rice (white), (1 lb) | 2.09 $ | 2.10 $ | +0.5 % |
| Eggs (regular) (12) | 3.81 $ | 4.75 $ | +24.6 % |
| Local Cheese (1 lb) | 4.68 $ | 5.13 $ | +9.6 % |
| Chicken Fillets (1 lb) | 4.52 $ | 5.70 $ | +26.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 6.11 $ | 7.71 $ | +26.2 % |
| Apples (1 lb) | 2.11 $ | 3.11 $ | +47.4 % |
| Banana (1 lb) | 0.66 $ | 0.73 $ | +9.7 % |
| Oranges (1 lb) | 1.81 $ | 2.26 $ | +24.7 % |
| Tomato (1 lb) | 2.02 $ | 2.26 $ | +11.6 % |
| Potato (1 lb) | 1.49 $ | 1.88 $ | +26.0 % |
| Onion (1 lb) | 1.29 $ | 1.39 $ | +8.0 % |
| Lettuce (1 head) | 1.87 $ | 2.24 $ | +20.2 % |
| Water (1.5 liter bottle) | 2.36 $ | 2.34 $ | -0.9 % |
| Bottle of Wine (Mid-Range) | 15.00 $ | 15.00 $ | 0.0 % |
| Domestic Beer (0.5 liter bottle) | 2.10 $ | 1.73 $ | -17.7 % |
| Imported Beer (12 oz small bottle) | 4.15 $ | 1.88 $ | -54.9 % |
| Cigarettes 20 Pack (Marlboro) | 9.25 $ | 8.00 $ | -13.5 % |
Transportation | Phoenix, AZ Edit |
Memphis, TN Edit | |
| One-way Ticket (Local Transport) | 2.00 $ | 1.25 $ | -37.5 % |
| Monthly Pass (Regular Price) | 62.00 $ | 12.50 $ | -79.8 % |
| 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) | 3.95 $ | 3.20 $ | -19.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 32,000.00 $ | 33,000.00 $ | +3.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 26,661.36 $ | 27,344.38 $ | +2.6 % |
Utilities (Monthly) | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 252.99 $ | 226.54 $ | -10.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 71.36 $ | 55.67 $ | -22.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 77.40 $ | 70.88 $ | -8.4 % |
Sports And Leisure | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 25.63 $ | 30.00 $ | +17.0 % |
| Tennis Court Rent (1 Hour on Weekend) | 19.33 $ | 18.00 $ | -6.9 % |
| Cinema, International Release, 1 Seat | 12.00 $ | 13.36 $ | +11.3 % |
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) | 50.67 $ | 46.99 $ | -7.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 40.00 $ | 33.75 $ | -15.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 88.25 $ | 79.67 $ | -9.7 % |
| 1 Pair of Men Leather Business Shoes | 115.44 $ | 152.80 $ | +32.4 % |
Rent Per Month | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Apartment (1 bedroom) in City Centre | 1,625.63 $ | 1,121.33 $ | -31.0 % |
| Apartment (1 bedroom) Outside of Centre | 1,385.90 $ | 1,072.22 $ | -22.6 % |
| Apartment (3 bedrooms) in City Centre | 2,736.32 $ | 1,759.55 $ | -35.7 % |
| Apartment (3 bedrooms) Outside of Centre | 2,330.52 $ | 1,700.83 $ | -27.0 % |
Buy Apartment Price | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 372.98 $ | 126.83 $ | -66.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 328.17 $ | 126.83 $ | -61.4 % |
Salaries And Financing | Phoenix, AZ Edit |
Memphis, TN Edit | |
| Average Monthly Net Salary (After Tax) | 4,391.42 $ | 3,563.43 $ | -18.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.63 | 6.58 | -0.8 % |
| Last update: | July 2024 | July 2024 | |
| Contributors in the past 12 months: | 159 | 35 |
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 |