Collierville, TN vs Memphis, TN: Cost of Living Comparison
Memphis has the lower overall cost of living. (100 = US national average)
Category-by-Category Comparison
| Category | Collierville | Memphis | Cheaper |
|---|---|---|---|
| Overall cost of living | 131 | 69 | Memphis |
| Housing | 132 ($1,102) | 45 ($786) | Memphis |
| Transportation | 99 ($3.50) | 109 ($3.50) | Collierville |
| Food & groceries | 180 ($738) | 69 ($283) | Memphis |
| Utilities | 116 ($238) | 73 ($81) | Memphis |
| Healthcare | 116 ($172) | 73 ($59) | Memphis |
| Median annual wage | 98 ($47,380) | 98 ($47,380) | Tie |
Index 100 = US national average. Lower = cheaper. For wage, higher = better.
Frequently Asked Questions
Is Collierville, TN or Memphis, TN cheaper to live in?
Memphis, TN is cheaper overall by about 62 index points (Collierville, TN: 131, Memphis, TN: 69; 100 = US national average).
What salary do I need in Collierville, TN vs Memphis, TN?
A single adult needs roughly $45,850/year in Collierville, TN and $24,150/year in Memphis, TN to cover basic living costs.