⚖️ City Comparison

Memphis vs Mexico City

Cost of Living Comparison · 2026 Data

Memphis

Tennessee
84
Very Affordable
$155,000
Median Home
$1,000/mo
Median Rent
$41,228
Median Income

Mexico City

Mexico
55
Very Affordable
$214,000
Median Home
$960/mo
Median Rent
$34,300
Median Income

💡 The Verdict

35% Cheaper

Mexico City is 35% cheaper than Memphis overall. A $75,000 salary in Memphis is equivalent to $49,107 in Mexico City.

Category-by-Category Breakdown

Index values for Memphis (left) vs Mexico City (right). National average = 100.

Housing
63
Housing
60
Groceries
93
Groceries
75
Utilities
88
Utilities
70
Transportation
98
Transportation
80
Healthcare
92
Healthcare
80

Detailed Price Comparison

Estimated item-level prices in Memphis versus Mexico City. Differences shown from Memphis perspective.

ItemMemphisMexico CityDifference
1-Bed Rent$720/mo$670/mo+$50.00
2-Bed Rent$1,000/mo$960/mo+$40.00
3-Bed Rent$1,300/mo$1,240/mo+$60.00
Bread (loaf)$2.40$2.12+$0.28
Milk (gallon)$3.74$3.10+$0.64
Eggs (dozen)$3.05$2.30+$0.75
Coffee (latte)$5.47$5.16+$0.31
Gas (gallon)$3.29$2.75+$0.54
Restaurant Meal$13.90$12.58+$1.32

💰 Salary Equivalence

A $75,000 salary in Memphis has the same purchasing power as $49,107 in Mexico City.

Conversely, $75,000 in Mexico City equals $114,545 in Memphis.

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84 vs 55

Reading These Numbers: Memphis (84) vs Mexico City (55)

Memphis at 84 is 16% below the US average, while Mexico City at 55 is 45% below average. There is a meaningful cost gap between these two cities that affects day-to-day budgeting.

In Memphis, the composite index of 84 reflects a weighted calculation where housing carries the most influence at 63, followed by groceries (93), utilities (88), transportation (98), and healthcare (92). Costs are fairly balanced across categories.

For renters: With median rents of $1,000/mo in Memphis and $960/mo in Mexico City, the annual rent difference is approximately $480.0. Over a 5-year period, that compounds to $2,400.0 in savings by choosing the more affordable city.

For homebuyers: The $59,000.0 difference in median home prices between Memphis and Mexico City translates to meaningful differences in mortgage payments at current rates. Factor this into your budget alongside property taxes and insurance, which also vary by location.

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Making Your Decision: Memphis vs Mexico City

Choosing between Memphis and Mexico City involves more than just comparing index numbers. Consider how each category aligns with your personal spending patterns. If you work from home, transportation costs matter less than housing and utilities. If you eat out frequently, the groceries index may understate your actual food spending — look at the restaurant meal prices in the detailed comparison table above instead.

Beyond the numbers shown above, quality of life differences between Memphis and Mexico City can meaningfully affect your financial picture in ways the index does not capture. Commute time translates to fuel costs and vehicle depreciation. Climate affects utility bills seasonally. Access to public parks and free cultural venues reduces entertainment spending. Consider these secondary financial effects alongside the direct cost comparisons when making your final decision.