ElderCareCost

Elder Care Cost: Phoenix, AZ vs Memphis, TN (2026)

Memphis, TN assisted living runs $3,900/month — $700/month less than Phoenix, AZ's $4,600/month. That's $8,400/year.

Phoenix, AZ, AZ

$4,600

assisted living/month

+$100 vs national avg

Memphis, TN, TN

$3,900

assisted living/month

-$600 vs national avg

Phoenix, AZ vs Memphis, TN — All Care Types

Monthly costs. Green = lower cost. National average shown for context.

Care Type Phoenix, AZ Memphis, TN
Assisted Living $4,600/mo $3,900/mo
Nursing Home (Private) $9,200/mo $7,900/mo
In-Home Aide $5,800/mo $4,200/mo
Memory Care $6,400/mo $5,500/mo
Adult Day Care $1,550/mo $1,250/mo

Source: Genworth/CareScout Cost of Care Survey. 2026 estimates.

Annual Cost Impact

For assisted living, Memphis, TN costs $46,800/year vs Phoenix, AZ's $55,200/year.

Monthly savings

$700

Annual savings

$8,400

2-year total savings

$16,800

% difference

18%

Savings = Phoenix, AZ cost minus Memphis, TN cost. Assisted living only.

Overall, Memphis, TN is more affordable — lower cost on 5 of 5 care types.

Frequently Asked Questions

Is elder care cheaper in Phoenix, AZ or Memphis, TN?

Memphis, TN has lower assisted living costs at $3,900/month vs. $4,600/month in Phoenix, AZ — a difference of $700/month ($8,400/year).

What types of elder care are compared here?

This page compares five common senior care types: assisted living, nursing home (private room), in-home aide (44 hrs/week), memory care, and adult day care. These cover the full range from part-time supervision to full residential skilled nursing care.

How do these cities compare to the national average?

The national average for assisted living is $4,500/month. Phoenix, AZ is $100 above the national average. Memphis, TN is $600 below the national average.