๐Ÿ’ก

Utilities Cost in Memphis, TN

By Diana Kowalski ยท Reviewed by James Okafor ยท Updated May 2026
ANNUAL AVG
$3,993
MONTHLY
$333
VS NATIONAL
-11%
COST INDEX
82

Direct Answer

Utilities Cost in Memphis, TN averages approximately $3,993/year ($333/month) โ€” 11% below the US national average of $4,476. Typical range: $2,595โ€“$5,790 depending on household and provider.

Utilities Cost Range in Memphis

Budget-Conscious
$2,595/yr
~$216/mo ยท 35% below average
Typical
$3,993/yr
~$333/mo ยท what most households spend
Premium
$5,790/yr
~$483/mo ยท 45% above average

How Memphis Compares

Memphis's utilities cost runs $483 less per year than the US national average. With a cost-of-living index of 82, Memphis is positioned among the more affordable US markets, with utilities cost pricing well below national averages.

โ„น More expensive nearby: Nashville, TN (196 mi) costs more โ€” index 104.

Utilities Cost in Top US Cities (Annual)

CityCost IndexAnnual Avgvs. National
Memphis, TN This page82$3,993-11%
New York, NY187$6,812+52%
Los Angeles, CA166$6,248+40%
Chicago, IL107$4,664+4%
Houston, TX96$4,369-2%
Phoenix, AZ103$4,557+2%
View all 300+ cities ranked by utilities cost โ†’

How to Save on Utilities Cost in Memphis

1

Shop providers annually โ€” utilities cost pricing in Memphis varies meaningfully between vendors; getting 3 quotes typically saves 10-25%.

2

Consider neighboring zip codes โ€” even within TN, utilities cost can vary substantially by area.

3

Time purchases strategically โ€” off-peak periods see lower demand and better pricing for utilities cost.

4

Bundle services where possible โ€” many providers in Memphis discount combined services 10-20%.

5

Use city-specific assistance programs โ€” Memphis and TN may offer income-based reductions for utilities cost; check with local consumer-affairs offices.

Other Costs in Memphis

See how other major expenses look in Memphis, TN.

See the full Memphis cost-of-living profile โ†’

Memphis Utilities Cost โ€” FAQ

What is the average utilities cost in Memphis, TN?

The average utilities cost in Memphis, TN is approximately $3,993 per year ($333/month), based on a cost-of-living index of 82 applied to the national baseline of $4,476.

Is utilities cost expensive in Memphis?

No โ€” utilities cost in Memphis runs about 11% below the US national average, helped by a city-wide cost index of 82. The annual cost is roughly $483 less than the national figure.

How much does utilities cost cost per month in Memphis?

Monthly utilities cost in Memphis averages about $333. Households typically see $216โ€“$483 per month depending on size, provider choice, and lifestyle.

What drives utilities cost differences between cities?

Utilities Cost pricing tracks local labor markets, commercial real-estate costs, and regulatory environments. Cities with higher overall cost-of-living indices (like 82 for Memphis) systematically see higher service prices. Local competition, climate, and demand-supply balance also play significant roles.