The good news is that living in Memphis, Tennessee means a low cost of living! The cost of living index is less than the national average, and less than the state average with housing being the most affordable. Utilities are cheaper here too and healthcare is closer to the national average.

Is Memphis a good city to move to?

Low cost of Living – One of the things that makes Memphis so attractive to people who are relocating is the low cost of living. From the price of dinner, the utilities of a household and the cost of housing itself to the price of other good and services. The city itself boasts a 91.8 on the cost of living index.

Is it better to live in Nashville or Memphis?

Both Nashville and Memphis are friendly cities, but crime rates are higher in Memphis. At the same time, Nashville residents have a 27% higher income on average than those living in Memphis, and Nashville has more affluent suburbs than youll find in Memphis.

What part of Memphis is best to live in?

The 20 Best Places to Live in MemphisMidtown. Thrillist says that one of the best places to live in Memphis is Midtown. East Memphis. East Memphis sits just between Germantown and Midtown, both of which are also desirable areas to live. Downtown. Oakland. Brighton. Munford. Millington. Horn Lake.More items

Is Memphis a poor city?

Who are the Memphis Poor? The city of Memphis has a poverty rate of 21.7%. Child poverty is 35.0%, while the poverty rate for people over age 65 is the lowest of any age group at 14.1%.

Is Memphis expensive to live in?

- Median Home Cost is 135% more expensive in United States .Comparison Highlights.Cost of Living IndexesMemphis, TNUnited States, USOverall Index: Homeowner, No Child care, Taxes Not Considered77.5100Food & Groceries93.3100.0Housing (Homeowner)37.1100Median Home Cost$123,800$291,70014 more rows

What neighborhood should I stay in Nashville?

The Best Neighborhoods in Nashville for TouristsDowntown.SoBro.The Gulch.Midtown/West End/Music Row.East Nashville.Opryland and Music Valley.Franklin.4 Apr 2021

What are bad areas in Nashville?

Most Dangerous Neighborhoods In Nashville, TNWest Meade. Population 469. 307 % Salemtown. Population 341. 267 % Heron Walk. Population 11,940. 248 % Glencliff. Population 7,729. 243 % Haynes Area. Population 7,150. 230 % Bordeaux. Population 5,092. 153 % Talbots Corner. Population 12,018. 149 % Inglewood-Riverwood. Population 7,184.More items