Cost of Living in Memphis
Summary about cost of living in Memphis, TN, United States:
- Family of four estimated monthly costs are 3,270.1$ without rent (using our estimator).
- A single person estimated monthly costs are 954.7$ without rent.
- Memphis is 34.6% less expensive than New York (without rent, see our cost of living index).
- Rent in Memphis is, on average, 64.7% lower than in New York.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 16.00 $ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 62.50 $ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 8.00 $ | |
| Domestic Beer (1 pint draught) | 6.00 $ | |
| Imported Beer (12 oz small bottle) | 7.00 $ | |
| Cappuccino (regular) | 4.71 $ | |
| Coke/Pepsi (12 oz small bottle) | 1.93 $ | |
| Water (12 oz small bottle) | 1.43 $ | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 3.69 $ | |
| Loaf of Fresh White Bread (1 lb) | 2.24 $ | |
| Rice (white), (1 lb) | 1.42 $ | |
| Eggs (regular) (12) | 3.76 $ | |
| Local Cheese (1 lb) | 4.38 $ | |
| Chicken Fillets (1 lb) | 3.44 $ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 6.54 $ | |
| Apples (1 lb) | 2.09 $ | |
| Banana (1 lb) | 0.77 $ | |
| Oranges (1 lb) | 1.67 $ | |
| Tomato (1 lb) | 2.03 $ | |
| Potato (1 lb) | 1.46 $ | |
| Onion (1 lb) | 1.01 $ | |
| Lettuce (1 head) | 2.12 $ | |
| Water (1.5 liter bottle) | 2.02 $ | |
| Bottle of Wine (Mid-Range) | 14.00 $ | |
| Domestic Beer (0.5 liter bottle) | 2.56 $ | |
| Imported Beer (12 oz small bottle) | 2.67 $ | |
| Cigarettes 20 Pack (Marlboro) | 6.79 $ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 1.75 $ | |
| Monthly Pass (Regular Price) | 42.50 $ | |
| Taxi Start (Normal Tariff) | 2.00 $ | |
| Taxi 1 mile (Normal Tariff) | 3.15 $ | |
| Taxi 1hour Waiting (Normal Tariff) | 20.00 $ | |
| Gasoline (1 gallon) | 3.40 $ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 23,597.50 $ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 20,042.60 $ | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 231.85 $ | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 0.11 $ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 66.56 $ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 21.88 $ | |
| Tennis Court Rent (1 Hour on Weekend) | 7.00 $ | |
| Cinema, International Release, 1 Seat | 13.00 $ | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 650.00 $ | |
| International Primary School, Yearly for 1 Child | 12,066.67 $ | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 48.00 $ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 33.75 $ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 81.62 $ | |
| 1 Pair of Men Leather Business Shoes | 122.33 $ | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 1,330.11 $ | |
| Apartment (1 bedroom) Outside of Centre | 962.22 $ | |
| Apartment (3 bedrooms) in City Centre | 2,107.14 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,751.43 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 69.00 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 184.00 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,360.42 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.56 |
Prices in Memphis, Tennessee
This city had 358 entries in the past 12 months by 50 different contributors.
Last update: March 2023
Last update: March 2023
Sources and References
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Nearby cities:| 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 |
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