10 cheapest places to live in the U.S.

  • 10 cheapest places to live in the U.S.

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    Memphis, Tenn.

    Memphis, Tenn.

    Memphis, America's fifth-least expensive city according to the Cost of Living Index, has a population of 652,050, based on the latest data from the U.S. Census Bureau. With an index of 86, the cost of living in Memphis is up a tenth of a point from a year ago.

    Market prices in Memphis, Tenn.--


    • Half-gallon of milk - $2.29
    • Monthly rent - $711
    • Home price - $193,834
    • Gallon of gas - $3.401
    • Haircut - $13.20
    • Movie ticket - $8.93
    • Bottle of wine - $9.17