Cost of living in Germantown
Germantown, located in Tennessee, is a vibrant city known for its community-oriented atmosphere and quality of life. Understanding the cost of living in Germantown is crucial for both current residents and those considering a move to the area.
This guide provides a detailed breakdown of various expenses, including housing, transportation, groceries, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant MealA meal at a casual restaurant will typically cost around $20.
- Mid-Range Restaurant (Three-Course Meal for Two)For a more upscale dining experience, expect to pay approximately $60.
- Fast Food (e.g., McDonald's)A McMeal or equivalent combo meal averages $8.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi)Domestic beer costs about $2.86, imported beer $3, and a cappuccino around $4.
Grocery Prices
- MilkMilk is priced at $0.84 per liter.
- Bread (Loaf of Fresh White Bread)A loaf of fresh white bread costs $2.2.
- Eggs (Dozen)A dozen eggs are priced at $2.5.
- Fruits and VegetablesPrices for fruits and vegetables vary, with apples and oranges being affordable options.
Transportation
- Fuel (Gasoline)Gasoline is priced at $0.77 per liter.
- Public TransportPublic transport options are available, with reasonable pricing for daily commutes.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre)Rent for a 1-bedroom apartment in the city centre averages $1500.
- 1-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent averages $1600.
- 3-Bedroom Apartment Rent (City Centre)Rent for a 3-bedroom apartment in the city centre averages $1700.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.)Basic utilities for an 85m2 apartment cost approximately $182.99 per month.
- InternetInternet services average $75 per month.
- Mobile Phone PlanA mobile phone plan with calls and 10GB+ data costs around $50 per month.
Cost of Living Data
The following pricing data has been gathered from 2 user contributions, as of the most recent update in March, 2024.
Markets
Markets
Avg
Range
Milk (regular), (1 liter)
$0.84
Loaf of Fresh White Bread (500g)
$2.20
Eggs (regular) (12)
$2.50
Domestic Beer (0.5 liter bottle)
$2.86
Imported Beer (0.33 liter bottle)
$3.00
Transportation
Transportation
Avg
Range
Gasoline (1 liter)
$0.77
Rent Per Month
Rent Per Month
Avg
Range
Apartment (1 bedroom) in City Centre
$1,500.00
Apartment (1 bedroom) Outside of Centre
$1,600.00
Apartment (3 bedrooms) in City Centre
$1,700.00
Utilities (Monthly)
Utilities (Monthly)
Avg
Range
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$182.99
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$75.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$50.00
Sports And Leisure
Sports And Leisure
Avg
Range
Fitness Club, Monthly Fee for 1 Adult
$30.00
Cinema, International Release, 1 Seat
$14.00
Clothing And Shoes
Clothing And Shoes
Avg
Range
1 Pair of Jeans (Levis 501 Or Similar)
$50.00
1 Pair of Nike Running Shoes (Mid-Range)
$80.00
1 Pair of Men Leather Business Shoes
$80.00
Salaries And Financing
Salaries And Financing
Avg
Range
Average Monthly Net Salary (After Tax)
$7,833.30
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
6.75%
Worldwide
United States
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Highest to LowestUpdated: Oct, 2025
Full Cost of Living Rankings
