Memphis vs Raleigh - Cost of Living Comparison

Updated: March 01, 2024

	Memphis	Raleigh
🚶 Cost of living one person	$1769	$2757
👨‍👩‍👧‍👦 Cost of living Family	$4344	$6734
🏠 One person rent	$1037	$1795
🏘️ Family rent	$1681	$3490
🍽️ Food expenses	$513	$671
🚐 Transport expenses	$71.2	$103
💳 Monthly salary after tax	$4085	$4345
😷 Air quality	Excellent	Good
✈️ Airport proximity	8 km	14 km
🎓 Higher education	67	82
😀 Quality of life	89	87
🏙️ Population	633K	468K

The cost of living in Memphis is 36% less expensive than in Raleigh. Cities ranked 2436th and 304th ($1769 vs $2757) in the list of the most expensive cities in the world and ranked 1929th and 266th in the United States.

The average after-tax salary is enough to cover living expenses for 2.3 months in Memphis compared to 1.6 months in Raleigh. Ranked 39th vs 58th best cities to live in the United States, and 173rd vs 235th among the best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Memphis vs Raleigh infographic

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Prices in Memphis vs Raleigh

Prices for goods and services in Memphis and Raleigh are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

	Memphis	Raleigh
Eating Out
🍱 Lunch Menu	$13.7	$20.1
🥂 Dinner in a Restaurant, for 2	$57.5	$85
🥪 Fast food meal, equiv. McDonald's	$9.3	$11.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$4.81	$6.28
☕ Cappuccino	$4.73	$5.37
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.11	$2.85
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$893	$1793
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$822	$1489
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1585	$3656
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1364	$3034
🔌 Utility Bill one person, electricity, heating, water, etc.	$135	$162
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$207	$248
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$65.8	$83.7
🏦 Mortgage Interest Rate for 20 Years	6.6%	6.6%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$1364	$9360
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1361	$4247
Transportation
🚌 Local transport ticket	$1.26	$2.29
🎟️ Monthly ticket local transport	$24.4	$67.9
🚕 Taxi Ride, 8 km or 5 mi	$12.5	$14.9
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.83	$0.96
Groceries
🥛 Milk, 1 L or 1 qt	$0.94	$0.97
🍞 Bread, 0.5 kg or 1.1 lb	$2.12	$4.05
🍚 Rice, 1 kg or 2.2 lb	$3.09	$5.73
🥚 Eggs, x12	$3.57	$3.62
🧀 Cheese, 1 kg or 2.2 lb	$9.79	$13.6
🐔 Chicken Breast, 1 kg or 2.2 lb	$8.94	$11.2
🥩 Round Steak, 1 kg or 2.2 lb	$16.8	$17.8
🍏 Apples, 1 kg or 2.2 lb	$4.35	$5.85
🍌 Banana, 1 kg or 2.2 lb	$1.56	$1.55
🍊 Oranges, 1 kg or 2.2 lb	$3.75	$6.01
🍅 Tomato, 1 kg or 2.2 lb	$4.4	$4.74
🥔 Potato, 1 kg or 2.2 lb	$3.25	$2.97
🧅 Onion, 1 kg or 2.2 lb	$3.09	$2.59
🌊 Water, 1 L or 1 qt	$1.27	$1.92
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$1.93	$2.16
🍾 Wine (mid-priced), 750 mL bottle	$14.3	$14.1
🍺 Beer, 0.5 L or 16 fl oz	$1.83	$1.8
🚬 Cigarette pack	$7.65	$7.52
💊 Cold medicince, 1 week	$8.07	$10.5
🧴 Hair Shampoo	$5	$3.97
🧻 Toilet paper, 4 rolls	$3.09	$4.24
👄 Toothpaste, 1 tube	$1.34	$2.53
Other
🏋️ Gym Membership, 1 month	$28.5	$51.2
🎫 Cinema Ticket, 1 person	$12.6	$14
👩‍⚕️ Doctor's visit	$130	$159
💇 Haircut, simple	$13.5	$20.9
👖 Brand Jeans	$45.7	$63.6
👟 Brand Sneakers	$81.1	$100
👶 Daycare or Preschool, 1 month	$1447	$1470
🏫 International Primary School, 1 year	$27049	$22084

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Memphis

Distance	City	Cost of living
16 km or 10 mi	Germantown	$1841
17 km or 10 mi	Bartlett	$1834
17 km or 10 mi	Southaven	$2153
19 km or 12 mi	Horn Lake	$2138
19 km or 12 mi	West Memphis	$1830
21 km or 13 mi	Olive Branch	$2151
27 km or 17 mi	Collierville	$1842
38 km or 24 mi	Atoka	$1867
94 km or 58 mi	Oxford	$2187
103 km or 64 mi	Jonesboro	$1715
115 km or 71 mi	Paragould	$1827
116 km or 72 mi	Dyersburg	$1972
119 km or 74 mi	Jackson	$1785
149 km or 92 mi	Tupelo	$2117
161 km or 100 mi	Searcy	$1864
187 km or 116 mi	Poplar Bluff	$1800
187 km or 116 mi	Cabot	$1915
197 km or 123 mi	Jacksonville	$1985
207 km or 128 mi	Sherwood	$2038
212 km or 132 mi	Starkville	$1650
213 km or 132 mi	Pine Bluff	$1875
213 km or 132 mi	North Little Rock	$2074
213 km or 132 mi	Florence	$1313
215 km or 134 mi	Greenville	$2030
219 km or 136 mi	Little Rock	$2075
223 km or 139 mi	Murray	$1817
226 km or 140 mi	Conway	$1819
230 km or 143 mi	Columbus	$1834
245 km or 153 mi	Benton	$1888
247 km or 153 mi	Cape Girardeau	$1460
249 km or 154 mi	Paducah	$1742
271 km or 168 mi	Columbia	$1968
276 km or 172 mi	Athens	$2123
279 km or 173 mi	Decatur	$2045
283 km or 176 mi	Clarksville	$1987
286 km or 178 mi	Spring Hill	$2534
288 km or 179 mi	Russellville	$1534
290 km or 180 mi	Hot Springs	$1368
295 km or 183 mi	Hopkinsville	$1766
296 km or 184 mi	Franklin	$2300

Cities near Raleigh

Distance	City	Cost of living
12 km or 7.6 mi	Garner	$2334
15 km or 9.1 mi	Cary	$2313
17 km or 10 mi	Morrisville	$1731
21 km or 13 mi	Wake Forest	$2271
21 km or 13 mi	Apex	$2161
25 km or 16 mi	Holly Springs	$2112
28 km or 18 mi	Fuquay-Varina	$2163
30 km or 19 mi	Durham	$2071
38 km or 23 mi	Chapel Hill	$2162
60 km or 37 mi	Henderson	$2159
61 km or 38 mi	Sanford	$2236
65 km or 41 mi	Wilson	$2063
77 km or 48 mi	Rocky Mount	$2031
77 km or 48 mi	Goldsboro	$1787
78 km or 49 mi	Burlington	$2084
87 km or 54 mi	Fayetteville	$2082
106 km or 66 mi	Asheboro	$2084
109 km or 68 mi	Danville	$1947
110 km or 68 mi	Greensboro	$1855
114 km or 71 mi	Roanoke Rapids	$2098
114 km or 71 mi	Kinston	$2053
117 km or 73 mi	Greenville	$2020
123 km or 76 mi	High Point	$2052
129 km or 80 mi	Thomasville	$2056
133 km or 83 mi	Kernersville	$2082
137 km or 85 mi	Lumberton	$2105
141 km or 87 mi	Rockingham	$2139
149 km or 92 mi	Winston-Salem	$2044
163 km or 101 mi	Jacksonville	$2074
165 km or 103 mi	New Bern	$1929
166 km or 103 mi	Salisbury	$2112
182 km or 113 mi	Kannapolis	$2163
182 km or 113 mi	Lynchburg	$2056
183 km or 114 mi	Concord	$2191
189 km or 117 mi	Havelock	$2014
190 km or 118 mi	Wilmington	$2441
191 km or 119 mi	Petersburg	$2229
196 km or 122 mi	Monroe	$2218
196 km or 122 mi	Mint Hill	$2348
198 km or 123 mi	Roanoke	$1857