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Most Expensive Neighborhoods In Memphis, TN

For most of us, living in these high end Memphis neighborhoods may be well beyond our means, as these neighborhoods include some of the highest real estate and rental prices in Tennessee. Listed below are the most expensive neighborhoods in Memphis for 2024, sorted by overall cost of living which includes: groceries, goods and services, real estate and rent prices. In case you’re wondering, the cost of living average for all cities across the nation is 100.

Population 2,234
26%
Cost of Living Index 108 vs 86
26% higher than Memphis
Population 44,686
13%
Cost of Living Index 97 vs 86
13% higher than Memphis
Population 70,645
12%
Cost of Living Index 97 vs 86
12% higher than Memphis
Population 3,796
11%
Cost of Living Index 95 vs 86
11% higher than Memphis
Population 104,210
6%
Cost of Living Index 91 vs 86
6% higher than Memphis
Population 66,172
3%
Cost of Living Index 88 vs 86
3% higher than Memphis
Population 61,886
2%
Cost of Living Index 88 vs 86
2% higher than Memphis
Population 48,022
0%
Cost of Living Index 86 vs 86
equal to Memphis
Population 58,688
-3%
Cost of Living Index 84 vs 86
3% lower than Memphis
Population 38,591
-3%
Cost of Living Index 83 vs 86
3% lower than Memphis
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