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Cost of Living Comparison in Memphis 2020

Spending, Expenses and Savings Comparison in Memphis

The average person in Memphis spends around 54% of their income and saves approximatly 46%.
Percentage of Income
Average per month
Monthly Income 6,000 USD
Monthly Spending 54%
3,250 USD
Monthly Savings 46%
2,750 USD
Breakdown of monthly expenses and spending:
Percentage of Income
Average per month
Groceries / Food 17%
1,000 USD
Rent 25%
1,500 USD
Healthcare 3%
200 USD
Water / Electricity 2%
100 USD
Bank Loans 0%
0 USD
Transport / Vehicle 1%
50 USD
Schools / Education 3%
200 USD
Other Expenses 3%
200 USD

Marital Status: Married


Cost of living comparison for Married people in Memphis. Comparing monthly spending with monthly money saved.
3
Children
Percentage of Income
Average per month
Monthly Income 6,000 USD
Monthly Spending 54%
3,250 USD
Monthly Savings 46%
2,750 USD
Breakdown of monthly expenses and spending:
3
Children
Percentage of Income
Average per month
Groceries / Food 17%
1,000 USD
Rent 25%
1,500 USD
Healthcare 3%
200 USD
Water / Electricity 2%
100 USD
Bank Loans 0%
0 USD
Transport / Vehicle 1%
50 USD
Schools / Education 3%
200 USD
Other Expenses 3%
200 USD



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