Cost of Living in Memphis, TN

Updated:

Livingcost

Cost of living One person Family of 4
💰 Total with rent
$1842
$4402
🛋️ Without rent
$770
$2752
🏨 Rent & Utilities
$1073
$1650
🍽️ Food
$554
$1437
🚐 Transport
$71.2
$198
💳 Monthly salary after tax
$3551
😀 Quality of life
87
🏙️ Population
633K

The average cost of living in Memphis is $1842, which is in the top 25% of the most expensive cities in the world, ranked 2338th out of 9294 in our global list, 1841st out of 2202 in the United States, and 27th out of 33 in Tennessee.

The median after-tax salary is $3551, which is enough to cover living expenses for 1.9 months. Ranked 247th (TOP 3%) in the list of best places to live in the world and 67th best city to live in the United States, and 2nd most liveable city in Tennessee. With an estimated population of 633K, Memphis is the 29th largest city in the United States.

✈️ Closest airport 8 km Memphis International Airport
😷 Air quality Excellent 9.7 µg/m³
🎓 Best university rank 603 University of Memphis
Cost of living in Memphis infographic

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Prices in Memphis

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

Eating Out
🍱 Lunch Menu
$14.9
🥂 Dinner in a Restaurant, for 2
$58.2
🥪 Fast food meal, equiv. McDonald's
$9.57
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$5.44
 Cappuccino
$4.96
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.49
Rent & Utilities
🏙️ 1 bedroom apartment in city Center, 40 m2 or 430 ft2
$950
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$858
🏙️ 3 bedroom apartment in city Center, 80 m2 or 860 ft2
$1501
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1354
🔌 Utility Bill one person, electricity, heating, water, etc.
$132
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$202
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$64.5
🏦 Mortgage Interest Rate for 20 Years
6.59%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1379
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1357
Transportation
🚌 Local transport ticket
$1.25
🎟️ Monthly ticket local transport
$24.5
🚕 Taxi Ride, 8 km or 5 mi
$12.6
 Gas / Petrol, 1 L or 0.26 gal
$0.82
Groceries
🥛 Milk, 1 L or 1 qt
$0.95
🍞 Bread, 0.5 kg or 1.1 lb
$2.33
🍚 Rice, 1 kg or 2.2 lb
$3.64
🥚 Eggs, x12
$3.31
🧀 Cheese, 1 kg or 2.2 lb
$10.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$9.76
🥩 Round Steak, 1 kg or 2.2 lb
$16
🍏 Apples, 1 kg or 2.2 lb
$5.65
🍌 Banana, 1 kg or 2.2 lb
$1.61
🍊 Oranges, 1 kg or 2.2 lb
$4.98
🍅 Tomato, 1 kg or 2.2 lb
$4.64
🥔 Potato, 1 kg or 2.2 lb
$3.35
🧅 Onion, 1 kg or 2.2 lb
$3.1
🌊 Water, 1 L or 1 qt
$1.57
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.15
🍾 Wine (mid-priced), 750 mL bottle
$15.3
🍺 Beer, 0.5 L or 16 fl oz
$2.06
🚬 Cigarette pack
$7.73
💊 Cold medicince, 1 week
$8.16
🧴 Hair Shampoo
$4.97
🧻 Toilet paper, 4 rolls
$3.09
👄 Toothpaste, 1 tube
$1.32
Other
🏋️ Gym Membership, 1 month
$33.6
🎫 Cinema Ticket, 1 person
$12.2
👩‍⚕️ Doctor's visit
$130
💇 Haircut, simple
$13.7
👖 Brand Jeans
$40.1
👟 Brand Sneakers
$75.3
👶 Daycare or Preschool, 1 month
$1428
🏫 International Primary School, 1 year
$27502

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