Here's what three local experts had to say about prices and the cost of living in Memphis, Tennessee.
Cost of Living and Inflation in Memphis, Tennessee: What do you need to know?
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For aspiring homeowners on a budget, Memphis offers fantastically low prices in real estate. You get a big bang for your buck. Although our city has a reputation for violent crime, I have never experienced anything like that, in my nearly 30-year residence. Perhaps this is due to the city’s wide geographic spread, about a million people in nearly a dozen “zones” in the greater Memphis area.
Memphis has the fourth highest crime rate in the US. But Memphis is also the seventh most affordable city, according to the CCER in 2018. And we have Graceland, if you really like Elvis or you just want to visit a cool mansion.
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