USA, Memphis TN

Country Full Name: United States of America.

Location: The United States of America (USA) is in North America, bordering both the North Atlantic Ocean and the North Pacific Ocean, between Canada and Mexico.

Country Climate: Mostly temperate, but tropical in Hawaii and Florida, arctic in Alaska, semiarid in the great plains west of the Mississippi River, and arid in the Great Basin of the southwest; low winter temperatures in the northwest are ameliorated occasionally in January and February by warm chinook winds from the eastern slopes of the Rocky Mountains.

Country Terrain: Vast central plain, mountains in west, hills and low mountains in east; rugged mountains and broad river valleys in Alaska; rugged, volcanic topography in Hawaii.

Major Languages: English.

Major Religions: Christianity.

Population: 1.3 Mil (2012 est.).

Country Economy: The economy of the United States is a capitalist mixed economy, fuelled by abundant natural resources, a well-developed infrastructure, and high productivity. The U.S. economy is the largest national economy in the world, with an estimated gross domestic product (GDP) equal to a quarter of nominal global GDP and a fifth of global GDP at purchasing power parity.

Currency: US Dollar (USD).

Inflation: 2.9% (2011 est.).

Memphis is a city in the southwest corner of the U.S. state of Tennessee, and the county seat of Shelby County. It is the largest city in the state of Tennessee, the third largest in the South-eastern United States, and the 19th largest in the United States.

The city's central location has led to much of its business development. Located on the Mississippi River and intersected by several freight railroads and two Interstate highways, Memphis is ideally located for commerce among the transportation and shipping industry.

The cost of living in Memphis TN in the USA is very low compared to other places. The overall cost of living is determined using the prices for defined quantities of the same goods and services across 13 Basket Groups. Memphis TN in the USA is currently ranked 670 overall out of 780 places (rank 1 is most expensive: rank 780 is least expensive). The cost of living rank for each of the 13 Basket Groups is as follows:

Alcohol & Tobacco costs are very low compared to other places for items such as alcohol at a bar, beer, locally produced spirit, whiskey, wine (where alcohol is legally sold) and tobacco related products. There are 716 places that are more expensive, and 63 places that are less expensive for alcohol and or tobacco.

Clothing costs are low compared to other places for items such as business suits, casual clothing, children's clothing, coats, evening wear, footwear, hats, shoe repairs and underwear. There are 504 places that are more expensive, and 275 places that are less expensive for clothing.

Communication costs are low compared to other places for various communication costs such as call charges, home telephone rental, internet connection, mobile data costs, mobile phone contract and service provider fees. There are 611 places that are more expensive, and 168 places that are less expensive for communication.

Education costs are high compared to other places for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. There are 189 places that are more expensive, and 590 places that are less expensive for education.

Furniture & Appliance costs are very low compared to other places for items such as DVD player, fridge freezer, furniture, household equipment, iron, kettle, light bulbs, microwave, television, toaster, vacuum cleaner and washing machine. There are 690 places that are more expensive, and 89 places that are less expensive for furniture and appliances.

Grocery costs are average compared to other places for items such as baby consumables, baked goods, baking, canned foods, cheese, cleaning materials, cleaning products, dairy, fresh fruits, fresh vegetables, fruit juices, meat, oil & vinegars, pet food, pre-prepared meals, sauces, seafood, snacks, soft drinks, spices & herbs. There are 433 places that are more expensive, and 346 places that are less expensive for groceries.

Healthcare costs are high compared to other places for general healthcare, general practitioner consultation rates, healthcare/medical insurance, hospital private ward daily rate and non-prescription medicine. There are 245 places that are more expensive, and 534 places that are less expensive for healthcare.

Household Accommodation costs are very low compared to other places for items such as accommodation, apartment, flat, house, villa, rent, electricity, household fuels, household gas, water, and local property rates / residential taxes / levies. There are 736 places that are more expensive, and 43 places that are less expensive for household accommodation.

Miscellaneous costs are low compared to other places for items such as dry cleaning, general goods, general services, linen, magazines, maid, newspapers, office supplies, postage stamps and stationery. There are 570 places that are more expensive, and 209 places that are less expensive for miscellaneous items.

Personal Care costs are low compared to other places for items such as cosmetics, hair care, moisturizer, nappies, pain relief tablets, shampoo, soap, sun block, toilet paper and toothpaste. There are 537 places that are more expensive, and 242 places that are less expensive for personal care.

Recreation and Culture costs are very low compared to other places for items such as books, camera, cinema tickets, fitness/health club membership, sports goods and theatre tickets. There are 690 places that are more expensive, and 89 places that are less expensive for recreation and culture.

Restaurants, Meals Out and Hotel costs are low compared to other places for items such as a business dinner, dinner at a family restaurant (non fast food), 4 star and 5 star hotel rates and take away meal (fast food). There are 547 places that are more expensive, and 232 places that are less expensive for restaurants, meals out and hotels.

Transport costs are low compared to other places for items such as car hire purchase, car insurance, car lease, car maintenance, car rental, car service, diesel, petrol, tyres and public transport. There are 544 places that are more expensive, and 235 places that are less expensive for transport.

Personalized cost of living indexes for Memphis TN in the USA are based on the basket groups and comparison location(s) selected in the Calculators.

In terms of the hardship people are likely to experience, assessed in global terms, Memphis TN in the USA is ranked as minimal hardship with a hardship index of 10%.

Personalized hardship index premiums for Memphis TN in the USA are based on the comparison location(s) selected in the Calculators.

Note: Xpatulator.com data is updated quarterly. The latest update is as at 1 April 2012. Create a personalized cost of living comparison report using the calculators:
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