The Cost Of Living In Memphis Tn. 2022 compare cities cost of living: Memphis housing is 38% lower than the national average.
Tennessee general sales tax is 37% higher than the national average. See what you'll need to earn to keep your current standard of living wherever you choose to work and live. Kannapolis housing costs are 67.9% more expensive than memphis housing costs.
65 rows cost of living in memphis. The cost of living in memphis is 8% lower than the tennessee average. Compare cost of living in memphis with factors like salaries, housing expenses, groceries, utilities and more.
An amount below 100 means cordova (zip 38018) is cheaper than the us average. Health related expenses are 1.9% more in kannapolis. A cost of living index above 100 means cordova (zip 38018), tennessee is more expensive.
Summary of cost of living in memphis, tennessee. Memphis has a fairly low cost of living for a large metro area. The city’s cost of living is 18% lower than the national average and has a 3.9% unemployment rate.homes in this area have a median home price of $93,700 and median rent of $842, which makes living here perfect no matter your stage in life!memphis is also home to.
If you're moving to memphis, you wouldn't have to bother about the high cost of living. Expenses for food and services are also significantly lower than in other major regions, especially in the more rural areas that spread out beyond the metro region. The same type of job in the same type of company in jackson, tn will typically pay $59,547.
You would have to earn a salary of $59,499 to maintain your current standard of living. Memphis cost of living is 76.0 Compared to only tennessee, memphis has a cost of living index that's 0.9x lower than tennessee's index of 89.