How Much Does College Tuition Cost in Memphis, TN?

Memphis pricing is 18% below the national average. Updated for 2026.

Based on local labor rates, humid-subtropical climate conditions, and Memphis's logistics-healthcare-music economy.See our methodology

Low End
$4,100
Average
$18,040
High End
$49,200
per year
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College Tuition Pricing in Memphis, TN

Memphis is one of the more affordable markets for college tuition, with costs running about 18% below the national average. The city's logistics-healthcare-music economy and balanced labor market create favorable conditions for competitive pricing. Getting multiple quotes from the 630K-population metro area is straightforward.

Local climate plays a direct role in college tuition costs here. Hot humid summers increase HVAC and pest control needs; Mississippi River proximity means flood risk for some areas.

Market-specific factors matter in Memphis: major logistics hub keeps material delivery costs low; moderate labor market means competitive pricing.

Memphis has moderate permitting requirements. Depending on the scope of your college tuition project, you may need local permits. A licensed contractor will handle the permitting process as part of the job in most cases.

Memphis vs National Average

Memphis Average
$18,040
National Average
$22,000
Difference
-18%
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What Affects College Tuition Cost in Memphis?

School Type

Community college: $3K-$8K/yr. Public in-state: $8K-$15K/yr. Public out-of-state: $20K-$35K/yr. Private: $35K-$60K/yr

Total Cost

Including room and board, fees, books: add $12K-$20K per year to tuition

Memphis Market Conditions

major logistics hub keeps material delivery costs low; moderate labor market means competitive pricing

Local Climate Impact

hot humid summers increase HVAC and pest control needs; Mississippi River proximity means flood risk for some areas

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Top-Rated College Tuition Pros in Memphis, TN

3 providers

Elevate Education Group

โœ… VERIFIED
โ˜…โ˜…โ˜…โ˜…โ˜…4.5(72 reviews)
๐Ÿ“ 239 Business Park Dr, Memphis, TN๐Ÿ—๏ธ Since 1990
โœ“ Licensedโœ“ InsuredBBB: Aโšก Usually responds in 1 hours

Focus Educational Services

โ˜…โ˜…โ˜…โ˜…โ˜…4.7(73 reviews)
๐Ÿ“ 1075 Business Park Dr, Memphis, TN๐Ÿ—๏ธ Since 1999
โœ“ InsuredBBB: A+

Aspire Education Group

โ˜…โ˜…โ˜…โ˜…โ˜…4.1(175 reviews)
๐Ÿ“ 445 Industrial Blvd, Memphis, TN๐Ÿ—๏ธ Since 1999
โœ“ Licensedโœ“ InsuredBBB: A+

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Tips to Save on College Tuition in Memphis

  • 1.Start at community college and transfer ($3K-$5K/year vs $10K-$30K)
  • 2.Apply for every scholarship you can find
  • 3.Consider in-state public universities
  • 4.File FAFSA every year โ€” even if you think you won't qualify
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๐Ÿ“ˆ College Tuition in Memphis Cost Trends (2020โ€“2024)

Prices have increased +17.7% over the last 5 years

$15,323
2020
$15,967
2021
$17,005
2022
$17,481
2023
$18,040
2024
YearNational AvgYoY Change
2020$15,323โ€”
2021$15,967+4.2%
2022$17,005+6.5%
2023$17,481+2.8%
2024$18,040+3.2%

Based on national averages adjusted for annual inflation. Actual costs vary by location and project scope.

๐Ÿ’ฌ What Did You Pay?

Real costs reported by homeowners for College Tuition in Memphis

$17,893
Avg Reported
$12,525
Lowest Reported
$25,945
Highest Reported

Recent Reports

$15,945
Dallas, TX ยท Jan 2024
โ˜…โ˜…โ˜…โ˜…โ˜†
$17,405
Chicago, IL ยท Feb 2024
โ˜…โ˜…โ˜…โ˜†โ˜†
$16,348
Phoenix, AZ ยท Mar 2024
โ˜…โ˜…โ˜…โ˜…โ˜…
$19,506
Denver, CO ยท Apr 2024
โ˜…โ˜…โ˜…โ˜†โ˜†
$17,621
Atlanta, GA ยท May 2024
โ˜…โ˜…โ˜…โ˜…โ˜†
$18,820
Seattle, WA ยท Jun 2024
โ˜…โ˜…โ˜…โ˜†โ˜†

Frequently Asked Questions

Is college still worth the cost?

Statistically, college graduates earn $1M+ more over their lifetime than non-graduates. However, ROI varies significantly by major and school.

Why does college tuition cost different in Memphis than other cities?

Memphis's costs reflect local labor rates driven by the logistics-healthcare-music economy, humid-subtropical climate conditions that affect materials and scheduling, and moderate permitting requirements. The balanced labor market also influences competitive pricing.

College Tuition Cost in Nearby Cities

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