Memphis, TN Cost of Living Index

Memphis cost of living index

IndexMemphisTennesseeNational
Cost of living index7889100
Goods & Services index8894100
Groceries index9395100
Health care index9691100
Housing index5179100
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 is 12.8% less than the Tennessee average.
  • The cost of living in Memphis is 22.1% 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.

Memphis cost of living comparison

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Memphis apartments for rent

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  • 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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Neighborhoods in & around Memphis, TN

NeighborhoodMilesNeighborhoodMiles
Midtown, Memphis1.8Raleigh, Memphis7.9
East Memphis-Colonial-Yorkshire, Memphis1.9River Oaks-Kirby-Balmoral, Memphis8
Berclair-Highland Heights, Memphis4Hickory Ridge-South Riverdale, Memphis8.5
Downtown, Memphis4.2Shelby Forest-Frayser, Memphis8.6
Parkway Village-Oakhaven, Memphis5.7Cordova-Appling, Memphis10.3
White Haven-Coro Lake, Memphis5.9Windyke-Southwind, Memphis11.9
See all Memphis neighborhoods

Cities near Memphis, TN

CityMilesCityMiles
Memphis, TN0Marion, AR14.4
Germantown, TN10.2Lakeland, TN15.4
Bartlett, TN10.3Millington, TN15.6
Southaven, MS10.4Collierville, TN16.9
Horn Lake, MS11.7Hernando, MS19.8
West Memphis, AR12Arlington, TN20.1
Lynchburg, MS12.9Hickory Withe, TN23.2
Olive Branch, MS12.9Atoka, TN23.7
See all Tennessee cities