Cost of Living in Memphis, TX
Population: 2,231 | Texas
58
Cost of Living Index
US Average = 100
Memphis is 42% less expensive than the national average.
46
Housing
25
Home Values
95
Regional Price
Income
- Median Household Income
- $46,567
- vs US Median ($75,149)
- -38%
Housing
- Median Rent
- $608/mo
- Median Home Value
- $74,700
- Median Monthly Housing Cost
- $502/mo
Climate in Memphis
NOAA 30-year normals (1991-2020)
59.2°F
Avg Temperature
22.7"
Rainfall / Year
63d
Rainy Days / Year
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 53 | 56 | 65 | 73 | 82 | 90 | 95 | 94 | 86 | 75 | 62 | 53 |
| Avg °F | 38 | 42 | 50 | 58 | 68 | 77 | 81 | 80 | 72 | 60 | 48 | 39 |
| Low °F | 24 | 27 | 34 | 43 | 53 | 63 | 67 | 65 | 58 | 45 | 33 | 25 |
| Rain" | 0.8 | 0.7 | 1.4 | 2.1 | 3.5 | 3.0 | 2.1 | 2.9 | 2.4 | 2.1 | 0.9 | 0.8 |