LifeCost Blog
Memphis

Memphis

USA

Updated on August 07, 2025

Overview

Memphis is a vibrant city in Tennessee, famous for being the birthplace of blues, soul, and rock and roll. Home to Graceland, Beale Street, and a rich musical heritage, Memphis combines Southern culture with urban modernization.

Average cost of living€4,043.00
Quality of Life60/100

Accommodation

Rent room (flat-share)€650.00
1-bed flat (center)€1,200.00
1-bed flat (outside)€850.00
3-bed flat (center)€1,800.00
3-bed flat (outside)€1,350.00

Utilities

Basic utilities€180.00
Internet€65.00
Mobile plan€55.00

Transportation

One-way ticket€0.86
Monthly pass€43.00
Taxi start€3.50
Gasoline (1 l)€2.85

Leisure

Cinema ticket€12.00
Fitness club€45.00

Education

Preschool (month)€800.00
Intl. primary (year)€12,000.00

Buying House

sqm in city center€2,100.00
sqm outside center€1,400.00

Advantages

  • Rich musical and cultural heritage
  • Relatively low cost of living
  • Strong logistics and transportation industry
  • Authentic Southern cuisine
  • Mild climate most of the year

Disadvantages

  • × High crime rates in certain areas
  • × Limited public transportation options
  • × Significant socioeconomic disparities
  • × Intense heat and humidity in summer
  • × Car dependency for mobility