Memphis, TN Cost of Living Calculator

Calculate cost of living in Memphis, TN. Compare rent, salary, and expenses. Free Memphis COL calculator with salary comparison.

Compare salary and living expenses in Memphis

Memphis Quick Stats

Cost of Living Index

83
US Average = 100

Average Rent

$1,100/mo
1-bedroom apartment

Median Income

$50,000
Per year

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About Living in Memphis, TN

The cost of living in Memphis is 17% lower than the US national average.

Key expenses in Memphis:

  • Housing: Below average
  • Average 1-bedroom rent: $1,100/month
  • Median household income: $50,000/year

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