Cost of Living in Memphis
Average rent, food, transport, utilities, and salary data for Memphis, United States.
Overall, the cost of living in Memphis is below the New York City baseline (composite index 52 vs. a New York City baseline of 100). These are representative estimates, not live pricing — see our methodology.
Rent index (NYC=100)30
Groceries index70
Dining out index60
Transport index36
Utilities index64
Median annual salary$48,000
Minimum wage$7.25/hr
State income tax rate0.00%
Est. monthly childcare$800
Est. monthly healthcare premium$400
YoY inflation2.9%
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