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City guide · Tennessee

Moving to Memphis, TN

Music, BBQ, FedEx, persistent crime challenges.

Pop. 633kCost index 89.6 · 100 = US avgMedian rent $1,100/moMedian home $165kWalk score 36

Memphis (metro area) has an overall price level 89.6 (US avg = 100). Housing dominates the difference.

Overall price index
89.6
Housing index
79.1
Groceries index (modeled)
97.4
Utilities index (modeled)
98.4
Electricity rate
15.1 ¢/kWh
Transportation index (modeled)
97.9
Median home value (est.)
$165,000
Median monthly rent (est.)
$1,100/mo

Sources: BLS LAUS 2026-04 · Census ACS 2024 (live) state-level

Tennessee unemployment is 3.6% with median household income $72k.

Unemployment rate
3.6%
Median household income
$71,997
Per-capita income
$40,729
Labor-force participation
63.3%
Right-to-work state
Yes
Nurse Licensure Compact
Member

Sources: FEMA NRI 2025 · Census ACS 2024 (live) city-level

Memphis: median home value $165,000.

Home value
$165,000
Rent
$1,100/mo
Homeownership rate
67.0%
Natural-hazard risk (FEMA county avg)
52/100
Hurricane exposure
Low
Wildfire exposure
Low
Tornado risk
High
Earthquake risk
Elevated

Tennessee 4th-grade math proficiency: 41.7% at/above NAEP proficient.

4th-grade math proficiency
41.7%
Per-pupil spending
$10,483
Student–teacher ratio (est.)
16
Public 4-yr grad rate
50.0%
Notable universities
Public flagship + regional schools

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