In Memphis, TN, the cost of living is lower than the US average. The rent for a two bedroom apartment is around $1,040 which is significantly cheaper than the US average of $1,430. Additionally, the Grocery Cost Index in Memphis is 95 compared to 100 in the US.
Memphis is a vibrant city full of culture, history, music and more. It offers its residents many attractions such as Sun Studio (a historic recording studio), Beale Street (historic blues club district), Graceland (home of Elvis Presley) and Mud Island River Park (an interactive park). There are also plenty of local businesses such as Rhodes College, Baptist Memorial Health Care Corporation and St Jude Children's Research Hospital.