Cost of Living Comparison Between Nashville, TN and Memphis, TN 
| Indices Difference |  |
|---|---|
| Cost of Living in Memphis, TN is 9.0% lower than in Nashville, TN (without rent) | |
| Cost of Living Including Rent in Memphis, TN is 21.9% lower than in Nashville, TN | |
| Rent Prices in Memphis, TN are 44.7% lower than in Nashville, TN | |
| Restaurant Prices in Memphis, TN are 1.3% lower than in Nashville, TN | |
| Groceries Prices in Memphis, TN are 4.9% lower than in Nashville, TN | |
| Local Purchasing Power in Memphis, TN is 1.2% lower than in Nashville, TN | |
Restaurants | Nashville, TN Edit |
Memphis, TN Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 18.00 $ | 20.00 $ | +11.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 80.00 $ | 75.00 $ | -6.2 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 10.00 $ | 10.00 $ | 0.0 % |
| Domestic Beer (1 pint draught) | 7.50 $ | 6.00 $ | -20.0 % |
| Imported Beer (12 oz small bottle) | 8.50 $ | 8.00 $ | -5.9 % |
| Cappuccino (regular) | 5.36 $ | 5.08 $ | -5.1 % |
| Coke/Pepsi (12 oz small bottle) | 2.77 $ | 2.54 $ | -8.1 % |
| Water (12 oz small bottle) | 2.30 $ | 2.02 $ | -12.5 % |
Markets | Nashville, TN Edit |
Memphis, TN Edit | |
| Milk (regular), (1 gallon) | 4.00 $ | 3.67 $ | -8.1 % |
| Loaf of Fresh White Bread (1 lb) | 3.58 $ | 2.48 $ | -30.8 % |
| Rice (white), (1 lb) | 2.29 $ | 2.07 $ | -9.8 % |
| Eggs (regular) (12) | 3.33 $ | 3.63 $ | +8.8 % |
| Local Cheese (1 lb) | 5.85 $ | 4.75 $ | -18.9 % |
| Chicken Fillets (1 lb) | 6.78 $ | 5.74 $ | -15.3 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 7.20 $ | 7.00 $ | -2.8 % |
| Apples (1 lb) | 2.44 $ | 2.81 $ | +15.3 % |
| Banana (1 lb) | 0.81 $ | 0.75 $ | -7.1 % |
| Oranges (1 lb) | 2.53 $ | 2.23 $ | -11.7 % |
| Tomato (1 lb) | 2.12 $ | 2.10 $ | -1.1 % |
| Potato (1 lb) | 1.44 $ | 1.84 $ | +28.3 % |
| Onion (1 lb) | 1.41 $ | 1.51 $ | +6.6 % |
| Lettuce (1 head) | 2.32 $ | 2.41 $ | +3.6 % |
| Water (1.5 liter bottle) | 2.21 $ | 2.45 $ | +10.8 % |
| Bottle of Wine (Mid-Range) | 15.00 $ | 14.50 $ | -3.3 % |
| Domestic Beer (0.5 liter bottle) | 1.86 $ | 1.73 $ | -7.1 % |
| Imported Beer (12 oz small bottle) | 4.59 $ | 1.88 $ | -59.2 % |
| Cigarettes 20 Pack (Marlboro) | 7.50 $ | 8.00 $ | +6.7 % |
Transportation | Nashville, TN Edit |
Memphis, TN Edit | |
| One-way Ticket (Local Transport) | 2.25 $ | 1.25 $ | -44.4 % |
| Monthly Pass (Regular Price) | 70.00 $ | 12.50 $ | -82.1 % |
| Taxi Start (Normal Tariff) | 5.00 $ | 2.00 $ | -60.0 % |
| Taxi 1 mile (Normal Tariff) | 2.50 $ | 2.20 $ | -12.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 21.00 $ | 20.00 $ | -4.8 % |
| Gasoline (1 gallon) | 3.16 $ | 3.04 $ | -3.7 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 32,500.00 $ | 33,000.00 $ | +1.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 27,172.19 $ | 27,344.38 $ | +0.6 % |
Utilities (Monthly) | Nashville, TN Edit |
Memphis, TN Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 175.89 $ | 213.78 $ | +21.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 69.12 $ | 58.88 $ | -14.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 72.94 $ | 72.83 $ | -0.1 % |
Sports And Leisure | Nashville, TN Edit |
Memphis, TN Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 37.67 $ | 37.67 $ | 0.0 % |
| Tennis Court Rent (1 Hour on Weekend) | 37.50 $ | 18.00 $ | -52.0 % |
| Cinema, International Release, 1 Seat | 15.00 $ | 12.86 $ | -14.3 % |
Childcare | Nashville, TN Edit |
Memphis, TN Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,253.00 $ | 1,474.29 $ | +17.7 % |
| International Primary School, Yearly for 1 Child | 20,500.00 $ | 27,240.00 $ | +32.9 % |
Clothing And Shoes | Nashville, TN Edit |
Memphis, TN Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 56.67 $ | 39.99 $ | -29.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 50.33 $ | 32.50 $ | -35.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 91.46 $ | 74.67 $ | -18.4 % |
| 1 Pair of Men Leather Business Shoes | 125.62 $ | 148.83 $ | +18.5 % |
Rent Per Month | Nashville, TN Edit |
Memphis, TN Edit | |
| Apartment (1 bedroom) in City Centre | 2,075.59 $ | 1,154.67 $ | -44.4 % |
| Apartment (1 bedroom) Outside of Centre | 1,634.58 $ | 1,095.56 $ | -33.0 % |
| Apartment (3 bedrooms) in City Centre | 3,665.00 $ | 1,595.00 $ | -56.5 % |
| Apartment (3 bedrooms) Outside of Centre | 2,617.31 $ | 1,676.00 $ | -36.0 % |
Buy Apartment Price | Nashville, TN Edit |
Memphis, TN Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 334.28 $ | 126.83 $ | -62.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 300.00 $ | 126.83 $ | -57.7 % |
Salaries And Financing | Nashville, TN Edit |
Memphis, TN Edit | |
| Average Monthly Net Salary (After Tax) | 4,661.64 $ | 3,593.58 $ | -22.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.57 | 6.57 | -0.0 % |
| Last update: | December 2024 | December 2024 | |
| Contributors in the past 12 months: | 104 | 44 |
Moving to Nashville, TN? Explore:
Moving to Memphis, TN? Explore:
Cities near Nashville, TN: | Cost of Living in Bowling Green, Kentucky | 64.59 miles |
| Cost of Living in Huntsville, Alabama | 111.42 miles |
| Cost of Living in Arlington, Kentucky | 170.37 miles |
| Cost of Living in Louisville, Kentucky | 174.58 miles |
| Cost of Living in Knoxville, Tennessee | 179.82 miles |
| Cost of Living in Birmingham, Alabama | 192.95 miles |
| Cost of Living in Gadsden, Alabama | 199.54 miles |
| Cost of Living in Memphis, Tennessee | 208.84 miles |
| Cost of Living in Lexington, Kentucky | 214.15 miles |
| Cost of Living in Portageville, Missouri | 215.87 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 |