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  1. Dec 18, 2023 · Yes. Memphis is a good place to live. Residents benefit from the modest cost of living, income tax breaks, educational opportunities, and plenty of fun things to do. However, living in Memphis comes with some drawbacks. Thus, I recommend carefully considering all the pros and cons before moving.

  2. Jan 31, 2024 · Yes, Memphis, Tennessee can be a good place to live, depending on what you’re looking for. The cost of living in Memphis is generally lower than the national average, making it more affordable and there is a strong community feel. If that’s what you are looking for then you won’t regret moving to Memphis.

  3. The population has reached 653248 with a population growth rate of -0.0% in the last year and -0.6% in the last 5 years.Living in Memphis has a dense urban feel, which can be fast paced place where people typically live and work closely together. There is always a new restaurant to try and good nightlife in the area.

    • 52.6%
    • 47.4%
  4. Mar 27, 2024 · Pro: Affordable cost of living. The cost of living in Memphis is 10% lower than the national average. Housing is notably affordable, with average prices about $200,000 below the national average. This affordability extends to grocery and utility costs, making it easier for residents to enjoy a comfortable lifestyle without breaking the bank.

  5. As of 2020, the average home purchase in Memphis is about $170,000. It’s below the national average but an increase of 25.5% from 2019. However, home prices can be as low as $100,000, even for a 3-bedroom home. Interestingly, most Memphians are renters, and according to RentCafe, the average for a 900-square-foot apartment is less than $900.

  6. Jul 30, 2021 · That is not the case at all though. The cost of living in Memphis is about 25 percent lower compared to the rest of the country. Even if you’re looking only at Tennessee, Memphis still comes out on the low side in terms of cost of living. Compare Memphis to the Tennessee capital of Nashville and the gap in the cost of living is even more ...

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  8. Memphis is a friendly city, so take the time to get to know your neighbors. 2. Take advantage of the outdoors: Memphis has plenty of outdoor activities to enjoy, so take advantage of them. 3. Try the food: Memphis is known for its amazing food, so make sure to try some of the local restaurants. 4.

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