Grocery Prices in Memphis, TN
Updated August 23, 2026 ยท BLS CPI data ยท Weekly basket estimate
Why Grocery Prices in Memphis Vary
Grocery prices in Memphis are shaped by local labor costs, store density and competition, regional distribution distances, and the mix of national chains versus local grocers operating in the area. Memphis prices closely track the Tennessee state average.
The store you choose matters as much as geography โ Aldi and Walmart consistently undercut traditional supermarkets by 15โ25%, which can swing your weekly bill significantly regardless of where you live in Memphis.
Frequently Asked Questions
How much does a week of groceries cost in Memphis?
Grocery prices in Memphis track the Tennessee state average closely. Check the state page for the latest figures.
What are the cheapest grocery stores in Memphis?
Aldi and Walmart Neighborhood Market consistently rank as the lowest-cost options in most Tennessee markets, including Memphis. For bulk staples, Costco and Sam's Club offer strong per-unit value. Traditional chains like Kroger, Publix, and regional grocers typically run 10โ20% higher on everyday items.
How do Memphis grocery prices compare to the national average?
Memphis generally tracks the Tennessee state average, which you can compare to all 50 states on our main grocery prices page.