Cost of Living in New South Memphis
How much does it cost to visit New South Memphis? Daily budgets, accommodation costs, and real price examples for 2026.
Photo: Alexander Popov / Unsplash
Daily Budget Breakdown
Budget
Hostels, street food, free attractions
USD 80
per day
Weekly: USD 560
Monthly: USD 2400
Examples
- 🏨Hostel dorm bed at Arrive MemphisUSD 35
- 🍽️Pulled pork sandwich at Central BBQUSD 15
- 🚌Memphis Area Transit Authority (MATA) day passUSD 4
- 🎟️Visit the National Civil Rights Museum at the Lorraine MotelUSD 18
- 🎟️Walk along Beale Street and enjoy street performersUSD 8
Mid-Range
3-star hotels, restaurants, guided tours
USD 180
per day
Weekly: USD 1260
Monthly: USD 5400
Examples
- 🏨Standard room at The Guest House at GracelandUSD 150
- 🍽️Dinner at The Beauty Shop RestaurantUSD 50
- 🚌Ride share for several tripsUSD 30
- 🎟️Tour Graceland MansionUSD 40
- 🎟️Visit Sun StudioUSD 15
Luxury
5-star hotels, fine dining, private tours
USD 450
per day
Weekly: USD 3150
Monthly: USD 13500
Examples
- 🏨King suite at The Peabody MemphisUSD 350
- 🍽️Fine dining experience at Restaurant IrisUSD 150
- 🚌Private car service for the dayUSD 100
- 🎟️Private guided tour of the Stax Museum of American Soul MusicUSD 75
- 🎟️Evening blues show at B.B. King's Blues ClubUSD 50
Cost by Category
accommodation
$50-$150
food
$30-$70
Transport
$10-$30
activities
$20-$70
Cost by Neighbourhood
| Neighbourhood | Budget Level | vs City Centre | Best For |
|---|---|---|---|
| Downtown Memphis | Mid-range | Average | first-timers, nightlife |
| Midtown Memphis | Mid-range | Average | couples, foodies |
| East Memphis | Budget | Below Average | families, budget |
Money-Saving Tips for New South Memphis
🏨 Accommodation
- Stay in budget neighbourhoods outside the tourist centre
- Book apartments for longer stays (weekly discounts)
- Travel in shoulder season for lower hotel rates
- Compare prices across multiple booking platforms
🍽️ Food & Drink
- Eat where locals eat, away from tourist hotspots
- Try street food and market stalls for cheap eats
- Buy lunch specials instead of evening meals
- Cook some meals if your accommodation has a kitchen
🚌 Transport
- Buy multi-day transit passes for unlimited travel
- Walk between nearby attractions to save fares
- Use public transport over taxis where possible
- Book airport transfers in advance for fixed prices
🎟️ Activities
- Take free walking tours (tip-based)
- Look for free museum days or discounted hours
- Book tours and activities online for lower prices
- Explore parks, markets, and neighbourhoods on foot
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FAQ: New South Memphis Costs
How much does it cost to visit New South Memphis?
Budget travellers can visit New South Memphis for around USD 80/day (USD 560/week). Mid-range travellers should budget USD 180/day, while luxury travel costs around USD 450/day.
Is New South Memphis expensive?
New South Memphis is moderately priced. At USD 80/day for budget travellers, it offers good value compared to major Western capitals.
How much should I budget per day in New South Memphis?
For a comfortable mid-range experience in New South Memphis, budget USD 180/day. This covers a decent hotel, meals at sit-down restaurants, public transport, and a couple of activities.
What is the cheapest way to visit New South Memphis?
Budget travellers in New South Memphis can get by on USD 80/day by staying in hostels or budget hotels, eating street food and local restaurants, using public transport, and choosing free walking tours and public attractions.