Median mortgage payment for 2018: $1,316
Median rent for 2018: $907
Category |
Estimated Annual Spend (in 000's) |
|---|---|
| Food | $2,578,930 |
| --Home Prepared Food | $1,453,207 |
| --Restaurant/Takeaway Food | $1,125,723 |
| Alcoholic Beverages | $189,326 |
| Housing | $6,536,872 |
| --Rent/Mortgage/Upkeep/Taxes | $3,822,343 |
| --Utilities | $1,317,608 |
| --Operations | $496,342 |
| --Supplies | $243,054 |
| --Furnishings | $660,083 |
| Apparel | $606,356 |
| --Men & Boys | $135,599 |
| --Women & Girls | $245,612 |
| --Children < 2 | $2,558 |
| --Footwear | $127,923 |
| Transportation | $3,175,052 |
| --New Vehicles | $593,563 |
| --Used Vehicles | $677,993 |
| --Fuel | $685,668 |
| --Insurance | $317,249 |
| --Public Transit | $266,080 |
| Healthcare | $1,616,948 |
| Entertainment | $1,048,970 |
| --Pets | $214,911 |
| --Toys | $51,169 |
| Personal Care Products | $250,729 |
| Books & Literature | $35,818 |
| Education | $457,965 |
| Tobacco Products | $112,572 |
| Miscellaneous | $322,366 |
| Retirement | $614,031 |
| Non-health Insurance | $2,374,253 |
| Total Expenditures | $19,920,189 |
| Period | Geography | Population |
|---|---|---|
| 2014 | Memphis, TN-MS-AR Metro Area | 1,337,014 |
| 2015 | Memphis, TN-MS-AR Metro Area | 1,340,336 |
| 2016 | Memphis, TN-MS-AR Metro Area | 1,341,339 |
| 2017 | Memphis, TN-MS-AR Metro Area | 1,344,058 |
| 2018 | Memphis, TN-MS-AR Metro Area | 1,345,991 |