Memphis, TN vs Nashville, TN: Cost of Living Comparison
Memphis has the lower overall cost of living. (100 = US national average)
Category-by-Category Comparison
| Category | Memphis | Nashville | Cheaper |
|---|---|---|---|
| Overall cost of living | 69 | 106 | Memphis |
| Housing | 45 ($786) | 110 ($1,040) | Memphis |
| Transportation | 109 ($3.50) | 102 ($3.50) | Nashville |
| Food & groceries | 69 ($283) | 101 ($414) | Memphis |
| Utilities | 73 ($81) | 105 ($198) | Memphis |
| Healthcare | 73 ($59) | 105 ($143) | 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 Memphis, TN or Nashville, TN cheaper to live in?
Memphis, TN is cheaper overall by about 37 index points (Memphis, TN: 69, Nashville, TN: 106; 100 = US national average).
What salary do I need in Memphis, TN vs Nashville, TN?
A single adult needs roughly $24,150/year in Memphis, TN and $37,100/year in Nashville, TN to cover basic living costs.