Cost of Living in Memphis, AL
Population: 27 | Alabama
76
Cost of Living Index
US Average = 100
Memphis is 24% less expensive than the national average.
100
Housing
19
Home Values
89
Regional Price
Income
- Median Household Income
- $2,499
- vs US Median ($75,149)
- -97%
Housing
- Median Home Value
- $57,900
- Median Monthly Housing Cost
- $488/mo
Everyday Prices in Memphis
BLS Average Prices for the Tuscaloosa, AL (Metropolitan Statistical Area) area
⛽
$2.90
Gasoline (regular)
per gallon
-5% vs US
🥚
$2.37
Eggs (grade A, large)
per dozen
-5% vs US
🥛
$3.81
Milk (whole)
per gallon
-5% vs US
🍞
$1.75
Bread (white)
per lb
-5% vs US
🍗
$3.92
Chicken breast
per lb
-5% vs US
⚡
$0.17
Electricity
per kWh
-10% vs US
Climate in Memphis
NOAA 30-year normals (1991-2020)
64°F
Avg Temperature
60"
Rainfall / Year
109d
Rainy Days / Year
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 55 | 60 | 68 | 75 | 82 | 88 | 91 | 91 | 86 | 76 | 66 | 58 |
| Avg °F | 45 | 49 | 57 | 63 | 71 | 78 | 81 | 81 | 76 | 65 | 54 | 48 |
| Low °F | 35 | 38 | 45 | 52 | 61 | 68 | 71 | 71 | 65 | 53 | 42 | 38 |
| Rain" | 5.9 | 5.4 | 6.4 | 4.9 | 3.9 | 4.8 | 4.7 | 7.2 | 3.7 | 3.8 | 4.2 | 5.1 |