How Much Does Health Insurance Cost in Memphis, TN?
Monthly health insurance premium for individuals. Updated March 2026 with data from BLS, U.S. Census Bureau, and industry surveys.
Typical Cost Range
$328 – $656
-18% vs national average
$328$492$656
LowNational avg: $600High
Memphis vs State & National Average
| Category | Memphis | Tennessee Avg | National Avg |
|---|---|---|---|
| Average cost | $492 | $497 | $600 |
| Low estimate | $328 | $373 | $450 |
| High estimate | $656 | $646 | $780 |
Detailed Cost Breakdown
| Item | Low | High | |
|---|---|---|---|
| Low estimate | $400 | $480 | |
| Average | $540 | $660 | |
| High estimate | $640 | $800 |
Health Insurance in Nearby Cities
Frequently Asked Questions
How much does health insurance cost in Memphis?
In Memphis, TN, health insurance typically costs between $328 and $656. The average is $492, which is 18% below the national average.
Is Memphis expensive for health insurance?
Memphis has a cost-of-living index of 82 (100 = national average). Health Insurance costs are 18% lower than the national average of $600.
What factors affect health insurance costs in Memphis?
Key factors include local labor costs, cost of materials, market competition, Tennessee state regulations, and Memphis's overall cost of living (index: 82/100). Prices can also vary by season and specific requirements.