Memphis, TN Cost of Living

Memphis cost of living index

IndexMemphisTennesseeNational
Cost of living index8490100
Goods & Services index9398100
Groceries index9192100
Health care index8589100
Housing index6578100
Transportation index8993100
Utilities index9791100
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 6.6% less than the Tennessee average.
  • The cost of living in Memphis 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.

Memphis cost of living comparison

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Memphis, TN properties for sale

Memphis, TN real estate agents

  • Gas
  • The price of gas in Memphis, TN is $1.87.
  • The price of gas in Memphis is 11.9% lower than the national average.
  • Kodiak, AK is the most expensive city for gas at $3.74 per gallon.
  • Colorado Springs, CO is the least expensive city for gas at $1.62 per gallon.
  • Pizza
  • The price of pizza in Memphis, TN is $8.39.
  • The price of pizza in Memphis is 10.2% lower than the national average.
  • Truckee, CA is the most expensive city for pizza at $15.99.
  • Kennewick, WA is the least expensive city for pizza at $6.99.

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

NeighborhoodScoreMiles
East Memphis-Colonial-Yorkshire, Memphis787.3
River Oaks-Kirby-Balmoral, Memphis7812.2
Midtown, Memphis773.3
Hickory Ridge-South Riverdale, Memphis7513.7
Raleigh, Memphis748.6
NeighborhoodScoreMiles
Downtown, Memphis740.9
White Haven-Coro Lake, Memphis727.5
Parkway Village-Oakhaven, Memphis7110.6
Shelby Forest-Frayser, Memphis695.3
Berclair-Highland Heights, Memphis687
See all Memphis neighborhoods

Cities near Memphis, TN

CityScoreMiles
Germantown, TN8514.2
Bartlett, TN8510.6
Collierville, TN8423
Atoka, TN8225.3
Hernando, MS8222.7
Oakland, TN8230.6
Arlington, TN8224.1
Olive Branch, MS8118
CityScoreMiles
Lakeland, TN8118.3
Southaven, MS7911.3
Horn Lake, MS7913.4
Piperton, TN7925.2
Munford, TN7924.6
Senatobia, MS7937
Tunica Resorts, MS7927.8
Rossville, TN7829.5
See all Tennessee cities