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10 Pros and Cons of Living in Memphis TN Right Now

Memphis is a city that has taken on an interesting journey. It’s gone from being the most dangerous and crime-ridden city in America to one of the best places to live in the country, all within a decade.
When you compare Memphis’ pros and cons with other cities across North America it becomes clear this place can be difficult to love or leave at times. But when you dig into its history as well as learn about what makes life here so unique, there are some undeniable perks too!.

The “pros and cons of living in tennessee 2021” is a blog post that provides the pros and cons of living in Memphis TN.

If you’re thinking of moving to Memphis, here’s what you should know.

Today, I’d want to talk about the advantages and disadvantages of living in Memphis, Tennessee. Also, consider this: is Memphis a nice location to live?

This is what you’re about to learn…

For starters, there are some compelling reasons to call Memphis home. Second, there are even more compelling reasons to avoid moving to Memphis in the first place.

Furthermore, the population of Tennessee has been steadily increasing. So, let’s see if Memphis can provide any light on the state’s recent resurgence.

Okay. With that out of the way, let’s get started.

Let’s get straight into the benefits and drawbacks of living in Memphis, Tennessee…

I may get compensation for purchases made via links in this article at no cost to you.

The Benefits and Drawbacks of Living in Memphis, Tennessee

The following are the top ten benefits and drawbacks of relocating to Memphis:

  • Low living costs
  • It is quite tax-friendly.
  • There are several educational opportunities available.
  • There’s a lot to do.
  • Winter weather is mild.
  • Summers are hot and humid.
  • Severe weather frequency
  • Public transit is scarce.
  • High rates of crime and poverty
  • Property and sales taxes that are too high

In a minute, we’ll go through each of these advantages and disadvantages of living in Memphis.

But first, let’s get right to the point of the day’s question…

Is Memphis a Safe City to Live In?

You have to take the good with the bad, just like everywhere else. And there are enough of both in this metropolis.

The Benefits of Relocating to Memphis

To begin with, going to Memphis indicates that you are selecting a fantastic location to get your finances in order.

Because of rising property prices and other living expenses. Groceries, health care, and utilities are examples. They’re all far lower than the national average.

And it’s a little lower than the state average. To begin with, the state has a cheap cost of living.

As an added bonus. You will not be subject to any state income taxes. When I was living in Memphis, Tennessee.

Furthermore, if you’re seeking for a low-cost higher education option. The Tennessee Promise program is one that you should look into.

Finally, there’s the moderate winter weather to consider. And all the great things you can do all year. Live music, festivals, the arts, and outdoor recreational opportunities are just a few examples.

Finally, one may draw a conclusion. That you can live comfortably in Memphis.

An essay discussing the advantages and disadvantages of living in Memphis, Tennessee, on the other hand, would be incomplete.

Without first learning about some of the drawbacks of living in Memphis…

Reasons Why You Shouldn’t Move To Memphis

First and foremost, you must realize that summers will be very hot and humid.

Second, severe weather occurs more often than you would imagine. Thunderstorms, hail, floods, and tornadoes are all possibilities.

Finally, there are a number of additional factors that detract from Memphis’ quality of life. It has one of the highest crime rates in the nation, in particular. In addition, there is a lot of poverty.

Furthermore, public transit is scarce. As a result, the majority of individuals need the use of a vehicle. As a result, there is a lot of traffic. Particularly at busy travel times.

Finally, the city’s population is declining, according to the most recent census statistics. As a result, the city hasn’t helped the state’s general popularity.

Most notably, the population is dwindling. Isn’t usually a positive indicator. When looking for a new location to call home.

Alright. With those crucial aspects of Memphis living taken care of, let’s move on to the next step.

Now we can get down to business. Specifically, the ten advantages and disadvantages of living in Memphis, Tennessee.

Let’s get started…


Low Living Costs

Certainly, there are locations in Tennessee that are less expensive. For those on a tight budget.

Consider some of the smaller towns. In the state’s more rural sections.

We are, on the other hand, discussing a huge metropolitan region. The second-largest city in the state.

In addition, living in a large city usually costs a bit more.

Let’s have a look at the stats. provided this image.

Memphis Real Estate Prices

The median house value is the first consideration. It is almost 13% less than Tennessee’s median house value in Memphis.

And it’s a really reasonable price. When you consider that the median house price in Tennessee is 13% cheaper than the national average, it’s easy to understand why.

Other Living Expenses in Memphis

Other expenses are also within reach.

Because food, health care, and utilities are all between 2 and 7% cheaper. Compared to the national average.

As a result of residing in the state of Tennessee. Your expenses are less than the national average. Memphis is also one of the most affordable cities in the state to reside in.

As a consequence, you’ve decided on a low-cost destination. In a low-cost condition of affairs. This is a terrific combo for anyone’s financial situation.

The Best Ways To Save Money In Memphis (or anywhere you live)

If you’re looking to save a bit extra cash. With a few ideas that we employ, you can manage your budget.

First and foremost, if you are relocating to Memphis. And searching for a place to live, whether it’s an apartment or a house.

Credit Karma allows you to check your credit score for free. Mortgage lenders and apartment landlords will undoubtedly do so. As a result, get ahead of them.

Second, save money on the items you purchase on a daily basis.

When it comes to online cash rebates, Rakuten is unrivaled. Rakuten also provides you ten dollars for a short period. It’s just for your first purchase.

Then you may save money in the supermarket as well. Because you are unlikely to purchase everything on the internet.

Use the Ibotta app for this. In order to get more cashback incentives.

Finally, take control of your finances for free.

Personal Capital is a good option for this. All of your budgeting, saving, and investing can be done in one spot. Making money management a little easier.

Okay. Enough about the expense of living in Memphis. There are also some more techniques to make the most of your money.

Because I’d want to keep talking about some of the other advantages of living in Memphis. For the time being, I’m going to keep with the money topic.

Extremely Tax-Friendly


When it comes to relocating, most people overlook taxes. But I strongly advise you to avoid falling into that trap.

Because state and municipal taxes are so important. And here’s one of the advantages and disadvantages of relocating to Memphis:

Tennessee has a low income tax rate. And by virtue of being a Tennessee city.

The state’s income tax rules favor the city. Here’s how to do it:

When you live in Memphis, you don’t have to pay any individual income taxes.

Individuals are not subject to a state income tax. Not from your job’s revenues. Alternatively, you might earn money from your investments.

So, whether you’re employed or not. Or maybe you’re wondering whether Memphis is a decent spot to retire.

Then you can relax. Saving on income taxes allows you to stretch your funds farther.

Especially if you make a lot of money. Alternatively, you may earn a lot of money by investing.

And if one of these scenarios is true. You deserve kudos!

Okay. We’re just just getting started. Let’s keep going through the advantages and disadvantages of living in Memphis…

There are several educational options.

The city’s public education system is extensive. If you have children, though, consider your location carefully.

Some schools are better than others, just like anyplace else.

Take a look at Midtown. East Memphis along The Poplar Corridor, for example. Also in the neighborhood is Germantown.

Those who can afford it, that is. There are several private and college-preparatory schools from which to pick.

There are also a number of colleges and institutions in the neighborhood. Specifically…

  • The University of Memphis is located in Memphis, Tennessee.
  • Rhodes College is a private college in Rhode Island.
  • Christian Brothers University (CBU) is a private Christian school

Tennessee Promise is a state-funded initiative that aims to

Furthermore, for anybody seeking a degree. The Tennessee Promise Program will help you do so on a budget.

Tennessee Promise is, first and foremost, a higher education scholarship program. Providing kids with last-dollar scholarships to attend community college.

In terms of money, this implies that the funds will pay tuition and fees. Other grants, scholarships, and student aid monies do not cover this.

It is also a mentorship program. To assist students in making a smooth transition from high school to college.

Next, let’s take a look at another one of Memphis’ advantages…

There’s A Lot To Do


Whether you like participating in outdoor activities. Indoor activities are another option. It doesn’t matter whether you like sports, music, or the arts.

Residents have a lot to choose from in terms of recreation…


Beale Street is a street in Memphis, Tennessee. It is also widely regarded as the origin of blues music.

In addition, the city has deep origins in rock and roll. The city has been home to Elvis Presley since he was a child.

Visitors are still welcome to see his home and grounds. Graceland is the name given to the estate.

Other excellent options for music and the arts are:

  • The Stax Museum of American Soul Music is a museum dedicated to American soul music.
  • The Orpheum Theatre is a historic venue in New York City.
  • The Cannon Center for the Performing Arts is a non-profit organization that promotes the arts

Take notice that the Symphony Orchestra is based in the final city on the list.


For all of you festival-goers out there. Living in Memphis, Tennessee will not disappoint you.

Here are a few of the reasons to get together. Also, have a great time.

  • Beale Street Music Festival is a music festival that takes place on Beale Street
  • Bluff City Jazz Festival is a festival that takes place in Bluff City,
  • Festival of Chicken and Beer
  • Cooper-Young Festival (Cooper-Young Festival)
  • Craft Wine & Food Festival
  • Festival of Independent Films
  • Festival Italiano
  • Memphis in the month of May
  • Mempho Music Festival is a music festival held in Memphis, Tennessee.
  • River Arts Festival is a one-of-a-kind
  • Festival de Tequila
  • Barbecue Cook-Off World Championship

For more positive aspects of Memphis. Don’t forget to take a look outside…

Recreation in the Open Air

For those of you that like getting out. For a walk, jog, bike ride, or just to enjoy the scenery.

You have a few decent choices…

There’s the downtown riverfront, for starters. Creating a green oasis in the center of the metropolis.

In addition, the Wolf River Greenway is a wonderful place to walk. Along the Wolf River, there is a paved pedestrian walkway.

Shelby Farms Park is the next stop. One of the United States’ biggest urban parks.

Finally, for a close-up view of nature. The Memphis Botanic Garden and the Memphis Zoo are also worth seeing.

On the other side, there are no mountains in the area. If you’re like that kind of stuff.

As a result, you may want to think about relocating to Knoxville, Tennessee. To go to the magnificent Smoky Mountains quickly.

Then there’s the weather to consider. A must-have for everyone who enjoys outdoor activities. Also, a significant factor in every relocation choice…

Winters are mild.

As a result of relocating to Memphis. Cold temperatures and severe winter weather may be avoided.

For instance, during the coldest months of the year. Temperatures often reach the mid-fifties. Lows are only expected to be around freezing.

In addition, snowfall is minimal. As a result, you won’t need to bring your snow shovel or snowblower.

When you add all of these benefits to Memphis, you have a winning combination. Costs, taxes, entertainment, and mild winters, to name a few.

Then you’ll understand why some people believe Memphis is a terrific spot to retire.

Reviewing the benefits and drawbacks of living in Memphis, on the other hand, would be incomplete.

Without addressing some of Memphis’ worst aspects. And I’m not done with the weather yet…

Summers are hot and humid.


Summers in the area are quite hot. It lasts about from May until September.

Temperatures often reach the 90s. The lows will be in the 70s. Plus, at this time of year, there is a lot of humidity.

As hot, humid air blows in from the Gulf of Mexico. The state of Louisiana is bringing moisture with it. Mississippi is included as well.

It has the effect of making summer feel like a sauna.

As a consequence, going outdoors might be difficult at times. Without drenching your clothing with perspiration.

Unless you like the heat, that is. Alternatively, don’t mind spending the most of the summer in the air conditioning. It’s possible that living in Memphis, Tennessee isn’t for you.

And there’s one more thing that’s certain. The heat and humidity here are ideal for bugs and mosquitoes.

So, bear in mind the summer season. When considering relocating to Memphis.

Okay. Let’s keep on with the advantages and disadvantages of living in Memphis.

Severe Weather Frequency

Unfortunately, the weather is yet another one of Memphis’ worse features…

The first is the rainy season, which lasts from spring until early summer. Flooding is more likely in low-lying places.

Tornadoes are also a regular occurrence. These devastating storms may strike at any time of year.

Tornado Alley does not include the city. However, it is regarded to be a part of Dixie Alley.

A term used to characterize the United States’ southern regions. Tornadoes are more likely to occur in certain areas.

Second, the city is situated in a location where colder northern weather is pushed south. And it’s mixing with the hot, humid weather that’s coming up from the Gulf of Mexico.

It’s a potentially lethal combo. Severe thunderstorms are forming. Hail. And the aftermath of storms. This has the potential to drown the region with rain.

Public transit is scarce.

The public transit alternatives in this city are inadequate. Because they don’t always get you to your destination. When you have to be somewhere.

Furthermore, the city is very dispersed. Unless you intend to live and work in a small space. The majority of Memphis people rely on automobiles.

This has a secondary effect. Because travel in and around the metro region might be congested. Especially at the busiest periods of the day.

When compared to a major metropolis like Atlanta, though, it pales in comparison. It doesn’t seem to be very awful.

Next, one of the most inconvenient aspects of living in Memphis. As the advantages and disadvantages of living in Memphis, Tennessee continue to grow…

Poverty with a High Crime Rate

Because of the city’s unfavorable reputation for excessive crime. 

According to one survey, the region is the country’s second most hazardous metropolitan metropolis. Other studies back with this finding.

Crime and poverty, as is frequently the case, often go hand in hand. Here, approximately one out of every four people and families lives in poverty.

As a result, you’ll want to choose your particular site with caution. Because there are several safe zones.

As a result, do your assignment. When you go out, you must also be aware of your surroundings.

Take a look around East Memphis. Out towards Germantown, a prosperous suburb.

Another blemish on Memphis’ record. As part of the Memphis TN advantages and disadvantages. Then I’ll tie things up…

Property and sales taxes are too high.


We already know that you may save a significant amount of money on your taxes by coming here.

Local governments, on the other hand, must generate funds in some manner. To provide citizens with the essential services that they seek from the state.

As a consequence, one of the reasons not to relocate to Memphis is because of what I refer to as “consumption taxes.”

Based on the concept that the more you drink, the better. The more your income, the higher your taxes will be.

As an example…

When you live in Memphis, you have to pay property taxes.

Tennessee has some of the lowest property taxes in the nation at the state level. The city, on the other hand, has much higher property tax rates on a municipal basis. In comparison to everywhere else in Tennessee.

Because the city of Memphis imposes a real estate ownership tax as well. Almost the same as the Shelby County rate.

And Shelby County, which is home to Memphis. It has the highest property tax rate of any Tennessee county.

When you live in Memphis, you will have to pay sales taxes.

Then there are sales taxes to consider. They’re rather high.

There is a base rate set by the state. On top of that, Shelby County tacks on a surcharge.

Expect to spend over 10% more on everything you purchase if you do it all together. That’s a significant sum of money.

Consider purchasing a $30,000 vehicle. That’s an extra $3,000 you’ll have to pay out of pocket.

That is, of course, an extreme case. Sales tax, on the other hand, may quickly pile up on your modest day-to-day purchases.

Okay. That’s all I’ve got.

Let me conclude with a summary…

The Benefits and Drawbacks of Living in Memphis, Tennessee

The following are the top ten advantages and disadvantages of relocating to Memphis, Tennessee:

  • Low living costs
  • It is quite tax-friendly.
  • There are several educational opportunities available.
  • There’s a lot to do.
  • Winter weather is mild.
  • Summers are hot and humid.
  • Severe weather frequency
  • Public transit is scarce.
  • High rates of crime and poverty
  • Property and sales taxes that are too high

Hopefully, this conversation has given you some food for thought on some important issues. As an example…

1) Can you tell me about living in Memphis?


2) Is it a good idea for me to relocate to Memphis?

Best of luck with your choice. Regardless of where you choose to reside!

More Reading About Memphis And Its Surrounding Areas…

No matter where you live, the best financial resources are available to you.

Several of my favorite financial resources have already been listed. To get the most out of your money, regardless of where you reside.

For your convenience, I’ve summarized them below…


I am not a licensed investment adviser, financial planner, or tax advisor. And I’m not giving you personalized investment advice, financial advise, or tax advice. Furthermore, the only objective of this website is to provide information and amusement. Furthermore, we are not responsible for any damages incurred as a result of the information provided on this site.

10 Advantages and Disadvantages of Living in Memphis, Tennessee


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The “benefits of living in Memphis, TN” are many. The city is home to a thriving music scene and has a huge variety of attractions. It also offers low cost of living. However, the crime rates are high and traffic can be very bad. Reference: benefits of living in memphis, tn.

Frequently Asked Questions

What are the pros and cons of living in Memphis Tennessee?

A: The pros of living in Memphis Tennessee are the many great restaurants and bars that you can find. You also have easy access to a lot of night life, both cultural institutions like Beale Street and museums. There is always something exciting going on throughout the year!
The cons would be not having much natural beauty for hiking or walking around. Driving is fairly inconvenient because traffic lights dont operate as quickly in this town as they do elsewhere.

What are the negatives about living in Tennessee?

A: The only negative I can think of is the weather. Its very humid in Tennessee and its not that great if you are from a colder climate, like say Canada or New York where I am from.

Is Memphis TN a good place to live?

A: Memphis is a wonderful place to live, with great weather and diverse activities. Its also very affordable!

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