Cost of Living Comparison Between Memphis, TN and Algarve 

Indices DifferenceInfo
Not enough data to calculate difference in Consumer Prices
Not enough data to calculate difference in Consumer Prices Including Rent
Rent Prices in Algarve are 6.7% higher than in Memphis, TN
Restaurant Prices in Algarve are 29.6% lower than in Memphis, TN
Groceries Prices in Algarve are 39.1% lower than in Memphis, TN
Not enough data to calculate difference in Local Purchasing Power
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Memphis, TN Edit Algarve Edit Difference
Meal, Inexpensive Restaurant 15.50 $
(14.56 €)
12.77 $
(12.00 €)
     -17.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 65.00 $
(61.07 €)
42.57 $
(40.00 €)
     -34.5 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 $
(8.46 €)
8.16 $
(7.67 €)
     -9.3 %
Domestic Beer (1 pint draught) 5.00 $
(4.70 €)
2.13 $
(2.00 €)
     -57.4 %
Imported Beer (12 oz small bottle) 8.00 $
(7.52 €)
3.73 $
(3.50 €)
     -53.4 %
Cappuccino (regular) 4.67 $
(4.38 €)
2.32 $
(2.18 €)
     -50.2 %
Coke/Pepsi (12 oz small bottle) 2.12 $
(1.99 €)
1.92 $
(1.80 €)
     -9.6 %
Water (12 oz small bottle) 1.87 $
(1.76 €)
1.12 $
(1.05 €)
     -40.2 %
Markets
Memphis, TN Edit Algarve Edit
Milk (regular), (1 gallon) 3.77 $
(3.54 €)
3.95 $
(3.71 €)
     +4.9 %
Loaf of Fresh White Bread (1 lb) 2.19 $
(2.06 €)
1.16 $
(1.09 €)
     -47.2 %
Rice (white), (1 lb) 1.76 $
(1.65 €)
0.59 $
(0.56 €)
     -66.4 %
Eggs (regular) (12) 4.33 $
(4.07 €)
2.79 $
(2.62 €)
     -35.5 %
Local Cheese (1 lb) 4.65 $
(4.37 €)
5.55 $
(5.22 €)
     +19.4 %
Chicken Fillets (1 lb) 4.74 $
(4.45 €)
3.37 $
(3.17 €)
     -28.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.66 $
(7.20 €)
5.28 $
(4.96 €)
     -31.0 %
Apples (1 lb) 2.21 $
(2.08 €)
1.08 $
(1.02 €)
     -50.9 %
Banana (1 lb) 0.71 $
(0.66 €)
0.62 $
(0.58 €)
     -12.6 %
Oranges (1 lb) 1.71 $
(1.61 €)
0.70 $
(0.66 €)
     -58.8 %
Tomato (1 lb) 2.18 $
(2.05 €)
0.95 $
(0.90 €)
     -56.3 %
Potato (1 lb) 1.88 $
(1.76 €)
0.59 $
(0.56 €)
     -68.4 %
Onion (1 lb) 1.39 $
(1.31 €)
0.92 $
(0.86 €)
     -34.1 %
Lettuce (1 head) 2.24 $
(2.11 €)
0.91 $
(0.85 €)
     -59.4 %
Water (1.5 liter bottle) 1.89 $
(1.77 €)
0.70 $
(0.66 €)
     -62.8 %
Bottle of Wine (Mid-Range) 14.50 $
(13.62 €)
5.32 $
(5.00 €)
     -63.3 %
Domestic Beer (0.5 liter bottle) 1.73 $
(1.62 €)
1.09 $
(1.02 €)
     -36.8 %
Imported Beer (12 oz small bottle) 1.88 $
(1.76 €)
0.95 $
(0.90 €)
     -49.2 %
Cigarettes 20 Pack (Marlboro) 8.00 $
(7.52 €)
5.53 $
(5.20 €)
     -30.8 %
Transportation
Memphis, TN Edit Algarve Edit
One-way Ticket (Local Transport) 1.25 $
(1.17 €)
?
(? €)
    
Monthly Pass (Regular Price) 12.50 $
(11.74 €)
?
(? €)
    
Taxi Start (Normal Tariff) 2.00 $
(1.88 €)
3.09 $
(2.90 €)
     +54.3 %
Taxi 1 mile (Normal Tariff) 2.20 $
(2.07 €)
1.20 $
(1.13 €)
     -45.5 %
Taxi 1hour Waiting (Normal Tariff) 20.00 $
(18.79 €)
18.09 $
(17.00 €)
     -9.5 %
Gasoline (1 gallon) 3.23 $
(3.04 €)
6.77 $
(6.36 €)
     +109.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,000.00 $
(31,004.59 €)
31,930.76 $
(30,000.00 €)
     -3.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,344.38 $
(25,690.94 €)
36,262.70 $
(34,070.00 €)
     +32.6 %
Utilities (Monthly)
Memphis, TN Edit Algarve Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 238.43 $
(224.02 €)
129.39 $
(121.56 €)
     -45.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 54.50 $
(51.20 €)
19.69 $
(18.50 €)
     -63.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 72.43 $
(68.05 €)
55.88 $
(52.50 €)
     -22.8 %
Sports And Leisure
Memphis, TN Edit Algarve Edit
Fitness Club, Monthly Fee for 1 Adult 30.00 $
(28.19 €)
35.12 $
(33.00 €)
     +17.1 %
Tennis Court Rent (1 Hour on Weekend) 18.00 $
(16.91 €)
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(? €)
    
Cinema, International Release, 1 Seat 13.00 $
(12.21 €)
7.45 $
(7.00 €)
     -42.7 %
Childcare
Memphis, TN Edit Algarve Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,436.67 $
(1,349.80 €)
395.59 $
(371.67 €)
     -72.5 %
International Primary School, Yearly for 1 Child 27,240.00 $
(25,592.88 €)
10,856.46 $
(10,200.00 €)
     -60.1 %
Clothing And Shoes
Memphis, TN Edit Algarve Edit
1 Pair of Jeans (Levis 501 Or Similar) 46.74 $
(43.92 €)
46.83 $
(44.00 €)
     +0.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 33.75 $
(31.71 €)
31.93 $
(30.00 €)
     -5.4 %
1 Pair of Nike Running Shoes (Mid-Range) 79.71 $
(74.89 €)
75.84 $
(71.25 €)
     -4.9 %
1 Pair of Men Leather Business Shoes 152.80 $
(143.56 €)
65.50 $
(61.54 €)
     -57.1 %
Rent Per Month
Memphis, TN Edit Algarve Edit
Apartment (1 bedroom) in City Centre 1,024.00 $
(962.08 €)
1,064.36 $
(1,000.00 €)
     +3.9 %
Apartment (1 bedroom) Outside of Centre 1,018.75 $
(957.15 €)
904.70 $
(850.00 €)
     -11.2 %
Apartment (3 bedrooms) in City Centre 1,728.33 $
(1,623.83 €)
2,490.99 $
(2,340.36 €)
     +44.1 %
Apartment (3 bedrooms) Outside of Centre 1,661.00 $
(1,560.56 €)
1,335.51 $
(1,254.76 €)
     -19.6 %
Buy Apartment Price
Memphis, TN Edit Algarve Edit
Price per Square Feet to Buy Apartment in City Centre 126.83 $
(119.16 €)
306.53 $
(288.00 €)
     +141.7 %
Price per Square Feet to Buy Apartment Outside of Centre 126.83 $
(119.16 €)
?
(? €)
    
Salaries And Financing
Memphis, TN Edit Algarve Edit
Average Monthly Net Salary (After Tax) 3,918.00 $
(3,681.09 €)
819.56 $
(770.00 €)
     -79.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.58 5.43      -17.5 %
Last update: March 2024April 2024
Contributors in the past 12 months:3118