Cost of Living Comparison Between Nashville, TN and Memphis, TN 
| Indices Difference |  |
|---|---|
| Consumer Prices in Memphis, TN are 14.3% lower than in Nashville, TN (without rent) | |
| Consumer Prices Including Rent in Memphis, TN are 26.4% lower than in Nashville, TN | |
| Rent Prices in Memphis, TN are 46.1% lower than in Nashville, TN | |
| Restaurant Prices in Memphis, TN are 15.5% lower than in Nashville, TN | |
| Groceries Prices in Memphis, TN are 13.1% lower than in Nashville, TN | |
| Local Purchasing Power in Memphis, TN is 10.1% higher than in Nashville, TN | |
Restaurants | Nashville, TN Edit |
Memphis, TN Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 18.00 $ | 15.50 $ | -13.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 80.00 $ | 65.00 $ | -18.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 10.50 $ | 9.00 $ | -14.3 % |
| Domestic Beer (1 pint draught) | 6.62 $ | 5.00 $ | -24.5 % |
| Imported Beer (12 oz small bottle) | 8.50 $ | 8.00 $ | -5.9 % |
| Cappuccino (regular) | 5.22 $ | 4.67 $ | -10.6 % |
| Coke/Pepsi (12 oz small bottle) | 2.53 $ | 2.12 $ | -16.1 % |
| Water (12 oz small bottle) | 2.47 $ | 1.87 $ | -24.3 % |
Markets | Nashville, TN Edit |
Memphis, TN Edit | |
| Milk (regular), (1 gallon) | 4.28 $ | 3.82 $ | -10.7 % |
| Loaf of Fresh White Bread (1 lb) | 3.62 $ | 2.19 $ | -39.4 % |
| Rice (white), (1 lb) | 2.36 $ | 1.76 $ | -25.5 % |
| Eggs (regular) (12) | 2.95 $ | 4.33 $ | +46.6 % |
| Local Cheese (1 lb) | 6.52 $ | 4.65 $ | -28.6 % |
| Chicken Fillets (1 lb) | 6.64 $ | 4.74 $ | -28.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 7.62 $ | 7.66 $ | +0.6 % |
| Apples (1 lb) | 2.58 $ | 2.21 $ | -14.2 % |
| Banana (1 lb) | 0.94 $ | 0.78 $ | -17.3 % |
| Oranges (1 lb) | 2.29 $ | 1.71 $ | -25.2 % |
| Tomato (1 lb) | 2.41 $ | 2.18 $ | -9.2 % |
| Potato (1 lb) | 1.35 $ | 1.88 $ | +39.0 % |
| Onion (1 lb) | 1.46 $ | 1.39 $ | -5.0 % |
| Lettuce (1 head) | 2.48 $ | 2.24 $ | -9.6 % |
| Water (1.5 liter bottle) | 2.24 $ | 1.89 $ | -15.9 % |
| 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) | 4.47 $ | 1.88 $ | -58.1 % |
| Cigarettes 20 Pack (Marlboro) | 8.00 $ | 8.00 $ | 0.0 % |
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) | 3.29 $ | 3.23 $ | -1.6 % |
| 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) | 26,347.89 $ | 27,344.38 $ | +3.8 % |
Utilities (Monthly) | Nashville, TN Edit |
Memphis, TN Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 181.14 $ | 238.43 $ | +31.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 67.92 $ | 54.50 $ | -19.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 78.69 $ | 72.43 $ | -8.0 % |
Sports And Leisure | Nashville, TN Edit |
Memphis, TN Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 42.50 $ | 30.00 $ | -29.4 % |
| Tennis Court Rent (1 Hour on Weekend) | 35.00 $ | 18.00 $ | -48.6 % |
| Cinema, International Release, 1 Seat | 15.25 $ | 13.00 $ | -14.8 % |
Childcare | Nashville, TN Edit |
Memphis, TN Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,341.25 $ | 1,436.67 $ | +7.1 % |
| 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) | 54.18 $ | 46.74 $ | -13.7 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 49.12 $ | 33.75 $ | -31.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 94.27 $ | 79.71 $ | -15.4 % |
| 1 Pair of Men Leather Business Shoes | 129.50 $ | 152.80 $ | +18.0 % |
Rent Per Month | Nashville, TN Edit |
Memphis, TN Edit | |
| Apartment (1 bedroom) in City Centre | 2,085.71 $ | 1,024.00 $ | -50.9 % |
| Apartment (1 bedroom) Outside of Centre | 1,632.19 $ | 1,018.75 $ | -37.6 % |
| Apartment (3 bedrooms) in City Centre | 3,767.65 $ | 1,728.33 $ | -54.1 % |
| Apartment (3 bedrooms) Outside of Centre | 2,593.42 $ | 1,661.00 $ | -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) | 4,576.17 $ | 3,706.29 $ | -19.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.55 | 6.58 | +0.5 % |
| Last update: | May 2024 | March 2024 | |
| Contributors in the past 12 months: | 75 | 30 |
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 |