Memphis

Cost of living in Germantown

Composed in-house · four inputs · 14% of the overall score
C−
53/100
11th of 14
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The four inputs
Housing cost index155
Memphis 10045% · scores 35
Effective property tax rate0.99%
Memphis 0.81%25% · scores 70
Utilities65
Memphis 10020% · scores 95
Local sales tax9.61%
Memphis median 9.61%10% · scores 8
Vertical rule marks the Memphis reference. Composed in-house · ACS 2020–24. Every scale is on the methodology page.

Best Memphis suburbs for cost of living

All 14 ranked, Germantown highlighted
1West MemphisA−$120,1002Horn LakeB+$171,4003SouthavenB+$236,3004MarionB$212,4005HernandoB−$315,9006MillingtonB−$207,3007Olive BranchB−$290,0008AtokaB−$320,7009MemphisC+$169,00010BartlettC$310,40011GermantownC−$470,80012LakelandC−$388,90013ArlingtonD+$424,40014ColliervilleD+$485,900
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Better than Germantown on cost of living

Germantown grades C− on cost of living. Six suburbs are within 25 miles and score higher on the same four inputs.

SuburbCost of livingMedian home valueEff. tax rateOverall
West Memphis24 mi from GermantownA−$120k0.58% 45 D Horn Lake18 mi from GermantownB+$171k0.47% 54 C− Southaven14 mi from GermantownB+$236k0.62% 64 C+ Hernando20 mi from GermantownB−$316k0.62% 59 C Millington19 mi from GermantownB−$207k0.87% 48 D+ Olive Branch9 mi from GermantownB−$290k0.50% 66 C+
Cost-of-living index composed in-house from housing cost, utilities, effective property tax and local sales tax · Median home value: ACS 2020–24 · Effective property tax: ACS 2020–24