Memphis, TN Cost of Living Index

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Overall Score
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state rank#171
75/100
us rank#8,803

Memphis cost of living comparison

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Memphis cost of living index

IndexMemphisTennesseeNational
Cost of living index8489100
Goods & Services index8894100
Groceries index9395100
Health care index9691100
Housing index7179100
Transportation index9094100
Utilities index8593100
In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
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  • The cost of living in Memphis, TN is 5.6% less than the Tennessee average.
  • The cost of living in Memphis, TN is 16% less than the national average.
  • Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
  • Gas
  • The price of gas in Memphis, TN is $3.51.
  • The price of gas in Memphis is 3.1% lower than the national average.
  • Kodiak, AK is the most expensive city for gas at $4.55 per gallon.
  • Augusta, GA is the least expensive city for gas at $3.11 per gallon.
  • Coffee
  • The price of coffee in Memphis, TN is $4.53.
  • The price of coffee in Memphis is 6.2% lower than the national average.
  • Juneau, AK is the most expensive city for coffee at $7.29.
  • Waco, TX is the least expensive city for coffee at $2.79.
  • Pizza
  • The price of pizza in Memphis, TN is $10.00.
  • The price of pizza in Memphis is 10.6% higher than the national average.
  • Dothan, AL is the most expensive city for pizza at $14.79.
  • Ogden, UT is the least expensive city for pizza at $6.33.

Tennessee average prices compared to national average

The average prices for Memphis, TN goods and services that are below the "0" percentile are lower compared to the national average. If the average prices are above the "0" percentile, they are higher compared to the national average.

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Large cities near Memphis, Tennessee with cost of living score

#CityDistance (miles)Cost of Living ScoreUser Reviews
1. Germantown, TN10.29.1 /10
0 review
2. Bartlett, TN10.49.1 /10
0 review
3. Southaven, MS10.59.1 /10
0 review
4. West Memphis, AR129.1 /10
0 review
5. Collierville, TN16.99.1 /10
0 review