Memphis is an excellent place to live if you value affordability, a good housing market, welcoming neighbors, and outdoor adventures. The cost of living in Bluff City is low, especially when compared to major cities in the US where home prices are astronomical. The general quality of life is good — neighborhoods are close-knit, and visitors always find someone who has time enough to sit down and chat with them or point out local hot spots.
Home prices rose 4. The real estate market is hot, and inventory is low, meaning that many listings are seeing multiple offers.
While all Memphis housing is on the affordable side, some of the best deals are in Berclair-Highland Heights, downtown, Midtown, and East Memphis. Using a scale of as the national average, the cost of living in Memphis is Food and groceries are cheaper than average at You can expect to pay a bit more for healthcare and transportation, but less for miscellaneous repairs, dining out, clothing, etc.
Housing is the biggest contributor to low living costs, at With its humid subtropical climate, Memphis is known for long, hot, humid summers; short, windy, cool winters; and beautiful springs and autumns. The four-season climate makes for almost endless patio-sitting and porch swing opportunities the year-round. July and August are the hottest months, with average highs around 91 degrees, and humidity wavering between oppressive — and for folks unused to it — miserable.
The most common natural disaster threats are tornadoes , severe thunderstorms, and occasional flooding. The county has a system of tornado warning sirens, and the Shelby County Emergency Management and Homeland Security website details risks, preparedness, and offers a guide preparing citizens for any disaster that could strike. Memphis is, as of March , one of the top three metro areas for job creation in the US.
As of spring, , unemployment is a record low of 3. With a steady influx of companies relocating to Memphis and a core of Fortune companies headquartered here, long-term economic projections are solid.
Almost a third of the jobs in Memphis are directly related to the manufacturing and transportation industries, which include FedEx, AutoZone, and International Paper Company.
FedEx alone employs 30, Memphians. Government and education remain economic strongholds in the city, with Shelby County Schools and the University of Memphis providing a collective 20, jobs. Meanwhile, between the national, state, county, and city governments, another 32, jobs keep Memphis residents working.
Job seekers should look for jobs in biotech, education, distribution, education, and health services. Of course, there are bottlenecks here and there, but the most noteworthy blockage occurs at I, between SR and Perkins Road, during rush hour.
The city enrolled in the Waze Connected Citizen program in , which gives commuters a chance to stay up to date with real-time driver-generated data. Major interstates create a web of connection to other major cities. Memphis has a fairly extensive bus system known as MATA. The system is underfunded and overdue for an upgrade, which is why the majority of Memphians head to the roadways in their cars. Homes are the most walkable neighborhoods.
From extensive parks, sports, museums, and galleries to live music and soul food, Memphis dishes up huge servings of delicious entertainment and fun at every turn. For parents seeking activities for kids, the city offers numerous kid-friendly fun both free and fee. The nearby Ghost River is a spot for unforgettable canoeing and kayaking, and just 13 miles north of the city, Meeman-Shelby Forest State Park is an outdoor paradise with disc golf, birding trails, and camping facilities.
Martin Luther King, Jr. If your interests include live music and entertainment, check out free summer shows at Levitt Shell or Handy Park, or enjoy the gritty pleasure of a late-night beer at a juke joint. Sports lovers have plenty to cheer about in Memphis. The Memphis Grizzlies have been members of the National Basketball Association since , and have been in Memphis since They play home games at the FedEx Forum.
Soccer fans will be happy to know that as of , Memphis has a professional soccer team to call its own: the Memphis FC. Choose from several breweries and taprooms that are open for tours, then enjoy a pint on the porch, perhaps with some live music. For active folks searching for a nature walk, the Wolf River Greenway is a protected green space that offers plenty of picturesque sights while winding alongside the Wolf River.
In contrast, the Downtown riverfront provides a natural haven in the heart of the city. Paved paths present scenic views and are a great place to take in the sunset during a walk, bike, or jog. The Memphis Zoo has rare giant pandas alongside 4, other animals and 17 engaging exhibits. For an adventure, head to Shelby Farms Park, where thousands of acres await exploration.
The park features horseback riding, 40 miles of trails, zip line experiences, and a paintball zone. Want something a bit quieter?
There is no shortage of Memphis eateries, taverns, and watering holes. Locals are consistently impressed by the trendy and quality restaurants that pop up frequently throughout the city limits. Alex's Tavern, for example, is a late-night spot favored by locals. The restaurant serves authentic Greek recipes that delight residents and keep them coming back for more. The Bar-B-Q Shop is an impressive Midtown restaurant famous for its Barbecue Spaghetti and more traditional mouth-watering barbecue recipes that Memphis is known for.
With drafts that rival the best breweries in Memphis , Bosco's offers both dine-in and patio options. It's a full-scale restaurant brewing unique craft beers that can only be purchased on-site. In terms of nightlife, Memphis has it all. Its lively taverns, swanky piano bars, and all-night dance clubs make it a hot spot for anyone interested in grabbing a drink or dancing the night away. Beale Street is a popular late-night haunt in Memphis. Fun fact about Memphis: Beale Street is the only place in the state where open-container laws do not apply.
Overton Square offers a more low-key nightlife experience. Home to the Grizzlies, Redbirds and Tigers, Memphis has a bit of sports action for everyone. Pro sports and collegiate sports are revered here, so be prepared to choose sides if you love the game. Memphis has four distinct seasons, mild winters, and an average annual temperature of 62 degrees Fahrenheit. This makes Memphis a pleasant and comfortable place to live year-round. In Memphis, the temperature rarely drops below 20 degrees Fahrenheit and typically doesn't stray above degrees Fahrenheit.
The area has a hot season that lasts roughly from May to September, with a temperature that typically exceeds 83 degrees Fahrenheit.
On average, Memphis has over days of sunshine. The cold season in Memphis lasts from November to February and has an average high temperature of 43 degrees Fahrenheit. An annual accumulation of three inches of snow is about average for Memphis. This is significantly lower than the average 28 inches of snowfall that falls across the U. In addition to its hot and cold seasons, Memphis also has a rainy season from February to the end of July.
There is more than a 30 percent chance of some precipitation on any given day during this season. The average yearly accumulation of rainfall in Memphis is roughly 52 inches. For residents interested in warm-weather activities, the months that will provide the most productive weather are April to early June and August to mid-October. These timeframes allow for the most pleasant temperatures and the least amount of potential rain and snowfall.
In terms of major U. However, it still has small-town charm and shorter rush-hour commutes than other major U. In a poll ranking the number of hours drivers spend in the car, Memphis is ranked 55th out of U.
Drivers in Memphis usually spend about 21 hours per year sitting in congestion around the city. There is plenty of metered parking throughout the city. Metered spots are free on Sundays and most recognized holidays. Most parking meters within the Memphis limits are enforced during the typical city hours of Monday-Saturday from 8 a. The cut-off time depends on whether the meter is located in an entertainment district.
There are very few free parking lots located within Memphis. Whether it's hitting the links, the trails, or family-focused attractions, Memphis is a stellar choice for outdoor enthusiasts to explore, almost year-round. From music fests to foodie feasts, Memphis is packed with festivals year-round and the city is always in the festival mood. Here are some of the must-explore events and festivals in Memphis:. Tennessee does not levy tax on your earnings which means your bank account will be fatter than your friends in other states.
From the pristine scenic beauty to the lip-smacking goodness that is Memphis-style barbecue, the residents have got reasons to be happy living here. Memphis is ranked the 9th happiest city in the country in and also the 7th most spiritually fulfilled city. In professional life, Memphis ranks 4th happiest city in the US to work. The 4 distinct kinds of weather make Memphis a comfortable place to live and work year-round.
The summers are long, hot, and muggy while winters are short, very cold, wet, and windy. Thunderstorms can happen any time of the year but are common in the spring months.
The delicacies at Memphis are mouthwatering and mostly famous for slow-cooked, dry rub barbecue ribs. However, Memphis cuisines are not just limited to barbecues but the food diversity is large.
Moving to Memphis gives you good job opportunities completed with a low cost of living and no income tax. In addition, fuelled with high voltage music, Memphis is a city with a pulse. Moreover, the city is surrounded by serene settings. But Memphis has also got reasons not to move here. You need to study both the pluses and minuses of Memphis before taking the final call. To help you, we have got the honest pros and cons of living in Memphis.
Looking to buy a home in Memphis after moving to the city? We have collated key metrics of the Memphis real estate market to help you put the right foot forward. One of the best parts of moving to Memphis is that the city's real estate market is known for having some of the most affordable homes in the entire United States. Here's a simple analysis of Memphis real estate market:. Despite ranking high in healthcare, life expectancy is lower in Memphis than the national average and the city also has serious obesity issues.
Memphis, TN is home to many neighborhoods. Since you're considering moving to Memphis, TN, the following are the best places to live in the city using data from HomeSnacks :. Memphis is one of the least expensive cities to live in the United States.
The cost of living in Memphis is rated This means the cost of living in Memphis is 24 times lower than the United States average. If you're moving to Memphis, you wouldn't have to bother about the high cost of living. Housing is rated as the most significant factor in the cost of living metric.
Also, you can calculate your cost of moving to Memphis using a free moving cost calculator. You can request for free moving quotes to get multiple quotes from professional moving companies. Since you're mulling over moving to Memphis, you should be aware that the city has some of the least expensive rental markets in the entire United States.
Renting a home in Memphis is fairly easy and 5. In Memphis, renters make up To help you get started, since you're contemplating moving to Memphis, TN here's a simple analysis of the Memphis rental market compared to the U.
How much will you start earning if you move to Memphis, TN? Depending on your current location, you may end up earning more or less when you move to Tennessee. Let's find out how much you will most likely earn in Tennessee. While moving to Memphis, it is important you know the best-paid jobs as you may consider switching the career. Here are some of the companies that made the best use of the business climate in Memphis and grew up as top players.
Memphis, TN is known for its endless entertainment. But there's more to Memphis than Blues and Rock 'n' Roll. While considering if moving to Memphis is right for you or not, here's a list of the best things to do in Memphis if you eventually chose the city:. It is now open to the public and displays a lot of memorabilia, including vintage recording equipment to original pressings of the earliest times.
An icon street in Memphis, Beale Street is one of the most visited places in Tennessee where music rules. The 1. The museum complex has a lot of historic buildings that exhibit the history of the civil rights movement in the US from the 17th century to the present.
There are presentations of iconic exhibits and oral histories of lesser-known civil rights activists.
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