Memphis, TN Cost of Living

Memphis cost of living index

IndexMemphisTennesseeNational
Cost of living index8389100
Goods & Services index9096100
Groceries index9294100
Health care index9490100
Housing index6578100
Transportation index9193100
Utilities index8691100
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 7.4% less than the Tennessee average.
  • The cost of living in Memphis is 17.3% 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 $3.00.
  • The price of gas in Memphis is 8.1% lower than the national average.
  • Kodiak, AK is the most expensive city for gas at $4.30 per gallon.
  • Joplin, MO is the least expensive city for gas at $2.82 per gallon.
  • Coffee
  • The price of coffee in Memphis, TN is $3.87.
  • The price of coffee in Memphis is 9.1% lower than the national average.
  • Honolulu, HI is the most expensive city for coffee at $7.77.
  • Anniston, AL is the least expensive city for coffee at $2.99.
  • Pizza
  • The price of pizza in Memphis, TN is $10.00.
  • The price of pizza in Memphis is 8.9% higher than the national average.
  • Truckee, CA is the most expensive city for pizza at $15.99.
  • Ponca City, OK is the least expensive city for pizza at $6.50.

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
River Oaks-Kirby-Balmoral, Memphis7612.2
East Memphis-Colonial-Yorkshire, Memphis747.3
Midtown, Memphis733.3
Hickory Ridge-South Riverdale, Memphis7113.7
Downtown, Memphis680.9
NeighborhoodScoreMiles
Raleigh, Memphis678.6
White Haven-Coro Lake, Memphis667.5
Parkway Village-Oakhaven, Memphis6310.6
Berclair-Highland Heights, Memphis607
Shelby Forest-Frayser, Memphis595.3
See all Memphis neighborhoods

Cities near Memphis, TN

CityScoreMiles
Germantown, TN8714.2
Collierville, TN8523
Hernando, MS8422.7
Rossville, TN8329.5
Bartlett, TN8210.6
Oakland, TN8230.6
Southaven, MS8111.3
Lakeland, TN8118.3
CityScoreMiles
Olive Branch, MS8118
Piperton, TN8125.2
Tunica Resorts, MS8027.8
Horn Lake, MS8013.4
Senatobia, MS8037
Arlington, TN8024.1
Clarkedale, AR7915.3
Tunica, MS7937.3
See all Tennessee cities