Monthly Budget in Memphis for a Couple
What it costs two working adults, no children to live in Memphis, TN in 2026.
$2,166
Total Monthly
$4,813
Salary Needed
82
Cost Index
Complete Monthly Budget
| Category | Expense | Monthly Cost |
|---|---|---|
| Essential | Rent (1BR apartment) | $984 |
| Essential | Groceries & household supplies | $46 |
| Essential | Utilities (electric, gas, water) | $21 |
| Essential | Transportation (gas, transit, maintenance) | $42 |
| Essential | Car insurance | $224 |
| Essential | Health insurance (couple) | $85 |
| Lifestyle | Internet & streaming | $61 |
| Lifestyle | Phone plan (2 lines) | $170 |
| Lifestyle | Dining out & takeout | $328 |
| Lifestyle | Entertainment & recreation | $205 |
| Essentials Subtotal | $1,402 | |
| Lifestyle Subtotal | $764 | |
| Total Monthly Budget | $2,166 |
💡 Salary Needed: To live in Memphis as two working adults, no children with a 20% savings margin, you need approximately $4,813/year before taxes.Check affordability →