According to the Council for Community and Economic Research, Memphis is the 4th cheapest place to live in the country, and the cheapest city east of the Mississippi.
The report – which judges cities based on daily living costs like groceries, transportation, housing, and healthcare – ranks Memphis 4th after Harlingen, Texas; Norman, Oklahoma; and Pueblo, Colorado. Not surprisingly, New York City ranks as most expensive.
This isn’t entirely surprising. After all, Memphis has some of the best utility rates around!
It’s always great to see Memphis rank in something positive. We seem to get a lot of negative attention and rarely celebrate the good in our city. So I want to applaud our efforts to keep cost of living down. A lot of great people have worked very hard to keep our buses running, our water rates low, and our groceries bills manageable.
Thank you for your tireless work to make our city a better place to live. We are incredibly blessed to have a city that costs relatively little for daily needs.
I know we also have a lot of residents who still can’t make ends meet. If you’re struggling with debts you can’t pay, please contact me today to talk about your situation for free. I can help you get started on the right track again.