Memphis vs Raleigh - Cost of Living Comparison

Updated:

Livingcost

Memphis Raleigh
🚶 Cost of living one person
$1891
$2327
👨‍👩‍👧‍👦 Cost of living Family
$4432
$5471
🏠 One person rent
$1087
$1420
🏘️ Family rent
$1566
$2324
🍽️ Food expenses
$571
$628
🚐 Transport expenses
$87.8
$88.4
💳 Monthly salary after tax
$3456
$4437
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
8 km
14 km
🎓 Higher education
66
82
😀 Quality of life
89
90
🏙️ Population
633K
468K

The cost of living in Memphis is 19% less expensive than in Raleigh. Cities ranked 2352nd and 1213th ($1891 vs $2327) in the list of the most expensive cities in the world and ranked 1822nd and 1060th in the United States.

The average after-tax salary is enough to cover living expenses for 1.8 months in Memphis compared to 1.9 months in Raleigh. Ranked 93rd vs 60th best cities to live in the United States, and 293rd vs 212th among the best cities to live in the world.

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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
$16.4
$18.1
🥂 Dinner in a Restaurant, for 2
$65
$72.4
🥪 Fast food meal, equiv. McDonald's
$11
$9.99
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$5.8
$5.91
 Cappuccino
$5.05
$5.22
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.51
$2.35
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$978
$1434
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$882
$1158
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1417
$2441
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1286
$1941
🔌 Utility Bill one person, electricity, heating, water, etc.
$124
$140
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$192
$217
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$61.8
$66.3
🏦 Mortgage Interest Rate for 20 Years
6.37%
6.34%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1517
$3119
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1503
$2477
Transportation
🚌 Local transport ticket
$1.01
$1.99
🎟️ Monthly ticket local transport
$49.4
$51.8
🚕 Taxi Ride, 8 km or 5 mi
$12.5
$14.2
 Gas / Petrol, 1 L or 0.26 gal
$0.76
$0.82
Groceries
🥛 Milk, 1 L or 1 qt
$0.94
$0.96
🍞 Bread, 0.5 kg or 1.1 lb
$2.47
$3.77
🍚 Rice, 1 kg or 2.2 lb
$3.7
$3.29
🥚 Eggs, x12
$3.09
$4.3
🧀 Cheese, 1 kg or 2.2 lb
$10.7
$13.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$9.38
$11.2
🥩 Round Steak, 1 kg or 2.2 lb
$15.4
$16.5
🍏 Apples, 1 kg or 2.2 lb
$5.28
$5.52
🍌 Banana, 1 kg or 2.2 lb
$1.62
$1.38
🍊 Oranges, 1 kg or 2.2 lb
$5.35
$5.64
🍅 Tomato, 1 kg or 2.2 lb
$4.57
$6.37
🥔 Potato, 1 kg or 2.2 lb
$1.75
$3.12
🧅 Onion, 1 kg or 2.2 lb
$3.47
$3.19
🌊 Water, 1 L or 1 qt
$1.7
$1.48
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.15
$2.72
🍾 Wine (mid-priced), 750 mL bottle
$14.9
$15.4
🍺 Beer, 0.5 L or 16 fl oz
$2.09
$3.04
🚬 Cigarette pack
$7.68
$7.73
💊 Cold medicince, 1 week
$8.05
$9.26
🧴 Hair Shampoo
$4.95
$4.25
🧻 Toilet paper, 4 rolls
$3.1
$4.68
👄 Toothpaste, 1 tube
$1.33
$2.38
Other
🏋️ Gym Membership, 1 month
$25.5
$41.8
🎫 Cinema Ticket, 1 person
$12.5
$15
👩‍⚕️ Doctor's visit
$131
$161
💇 Haircut, simple
$13.6
$26.2
👖 Brand Jeans
$40.8
$54.1
👟 Brand Sneakers
$77.6
$101
👶 Daycare or Preschool, 1 month
$1574
$1578
🏫 International Primary School, 1 year
$27140
$24117

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Cities near Memphis

Distance City Cost of living
16 km or 10 mi Germantown
$2392
17 km or 10 mi Bartlett
$2182
17 km or 10 mi Southaven
$1991
19 km or 12 mi Horn Lake
$2021
19 km or 12 mi West Memphis
$1854
21 km or 13 mi Olive Branch
$2087
27 km or 17 mi Collierville
$2306
38 km or 24 mi Atoka
$2144
94 km or 58 mi Oxford
$1994
103 km or 64 mi Jonesboro
$1749
115 km or 71 mi Paragould
$1858
116 km or 72 mi Dyersburg
$2034
119 km or 74 mi Jackson
$1635
149 km or 92 mi Tupelo
$1670
161 km or 100 mi Searcy
$1837
187 km or 116 mi Poplar Bluff
$1813
187 km or 116 mi Cabot
$1637
197 km or 123 mi Jacksonville
$1843
207 km or 128 mi Sherwood
$1948
212 km or 132 mi Starkville
$1593
213 km or 132 mi Pine Bluff
$1878
213 km or 132 mi North Little Rock
$2033
213 km or 132 mi Florence
$1404
215 km or 134 mi Greenville
$1960
219 km or 136 mi Little Rock
$2007
223 km or 139 mi Murray
$1818
226 km or 140 mi Conway
$1763
230 km or 143 mi Columbus
$1783
245 km or 153 mi Benton
$1966
247 km or 153 mi Cape Girardeau
$1685
249 km or 154 mi Paducah
$1710
271 km or 168 mi Columbia
$2041
276 km or 172 mi Athens
$1889
279 km or 173 mi Decatur
$1828
283 km or 176 mi Clarksville
$2165
286 km or 178 mi Spring Hill
$2609
288 km or 179 mi Russellville
$1397
290 km or 180 mi Hot Springs
$1354
295 km or 183 mi Hopkinsville
$1830
296 km or 184 mi Franklin
$2855

Cities near Raleigh

Distance City Cost of living
12 km or 7.6 mi Garner
$2289
15 km or 9.1 mi Cary
$2582
17 km or 10 mi Morrisville
$1818
21 km or 13 mi Wake Forest
$2225
21 km or 13 mi Apex
$2338
25 km or 16 mi Holly Springs
$2387
28 km or 18 mi Fuquay-Varina
$2331
30 km or 19 mi Durham
$2219
38 km or 23 mi Chapel Hill
$2319
60 km or 37 mi Henderson
$2171
61 km or 38 mi Sanford
$2105
65 km or 41 mi Wilson
$2071
77 km or 48 mi Rocky Mount
$1926
77 km or 48 mi Goldsboro
$1812
78 km or 49 mi Burlington
$2166
87 km or 54 mi Fayetteville
$2312
106 km or 66 mi Asheboro
$2124
109 km or 68 mi Danville
$1757
110 km or 68 mi Greensboro
$2065
114 km or 71 mi Roanoke Rapids
$2112
114 km or 71 mi Kinston
$2176
117 km or 73 mi Greenville
$2076
123 km or 76 mi High Point
$1993
129 km or 80 mi Thomasville
$2070
133 km or 83 mi Kernersville
$2152
137 km or 85 mi Lumberton
$2154
141 km or 87 mi Rockingham
$2156
149 km or 92 mi Winston-Salem
$2079
163 km or 101 mi Jacksonville
$2054
165 km or 103 mi New Bern
$1893
166 km or 103 mi Salisbury
$2094
182 km or 113 mi Kannapolis
$2107
182 km or 113 mi Lynchburg
$1734
183 km or 114 mi Concord
$2102
189 km or 117 mi Havelock
$1983
190 km or 118 mi Wilmington
$2231
191 km or 119 mi Petersburg
$2395
196 km or 122 mi Monroe
$2160
196 km or 122 mi Mint Hill
$2228
198 km or 123 mi Roanoke
$1766