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Cost of Living in Memphis

By Teresa R. Simpson, About.com

The American Chamber of Commerce Researchers Association (ACCRA) publishes a quarterly report on the cost of living in 30 metropolitan areas in the United States. The following information is taken from ACCRA's 2006 first quarter report. For a city to city comparison, try this cost of living calculator.

Overall Cost of Living:


7.3% below the national average

Cost of Housing:


14.8% below the national average

Cost of Utilities:


14.7% below the national average
It is worth noting that of the 30 metropolitan areas included in ACCRA's report, the Memphis metropolitan area had the second lowest utility costs. Charlotte, NC had the lowest.

Cost of Transportation:


2.9% below the national average

Cost of Groceries:


9.3% below the national average

Cost of Healthcare:


1.9% below the national average

Cost of Miscellaneous Goods:


.4% below the national average

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