What does commuting cost in Memphis? Population: 633,104. Median income: $41,228. Compare transit, driving, and biking options with real local data.
Population
633,104
Median Home Price
$180,000
Property Tax Rate
1.29%
Median Income
$41,228
Cost of Living
82/ 100
With a population of 633,104, Memphis offers various transportation options depending on where you live and work. The cost of living index of 82 partly reflects transportation costs including gas prices, car insurance, and public transit fares.
Transportation is typically one of the top three household expenses. In Memphis, commute costs should be weighed against housing savings — living farther from downtown may reduce rent but increase travel expenses. With a median household income of $41,228, keep total transportation costs under 15% of gross income.
Many residents of Memphis, TN rely on a mix of driving, public transit, biking, and remote work. Evaluating transit access is especially important if you want to avoid the costs of car ownership in a market where the median home price is $180,000 and every dollar counts.
Use our free calculator with Memphis-specific data already filled in.
Open Memphis CalculatorPlanning a move to Memphis? Cost of living index: 82/100. Median home: $180,000. Median income: $41,228. Get the full relocation breakdown.
Median home price in Memphis: $180,000. Property tax rate: 1.29%. Get mortgage estimates, affordability analysis, and local market insights.
Memphis cost of living index: 82/100 (100 = national avg). Median home $180,000, median income $41,228. See housing, groceries & more.
Median household income in Memphis: $41,228. Cost of living index: 82/100. See how far your salary really goes and compare local job market data.
Property tax rate in Memphis: 1.29%. Median home price: $180,000. Calculate your annual bill, compare to state averages, and find exemptions.
Should you rent in Memphis? Cost of living index: 82/100. Median income: $41,228. See how much rent you can afford and where to look.
Median home in Memphis: $180,000. Tax rate: 1.29%. Compare Memphis neighborhoods by price, schools, and lifestyle to find the right fit.