Private School Cost: Memphis vs Richmond
Memphis averages $3,700/year less for private school (34% cheaper). Over K-12, that's $48,100 per child.
Bottom Line
Memphis is the cheaper city for private school. Average tuition: $10,800/year vs $14,500/year in Richmond. Religious schools run $7,200/year on the low end.
Memphis
TN
$10,800
avg tuition/year
Richmond
VA
$14,500
avg tuition/year
Tuition by School Type & Grade
| Category | Memphis | Richmond | Difference |
|---|---|---|---|
| All Schools (Average) | $10,800/yr | $14,500/yr | -$3,700 |
| Religious Schools | $7,200/yr | $9,200/yr | -$2,000 |
| Independent/Prep | $20,500/yr | $27,000/yr | -$6,500 |
| Elementary (K-5) | $8,800/yr | $11,800/yr | -$3,000 |
| Middle School (6-8) | $10,800/yr | $14,500/yr | -$3,700 |
| High School (9-12) | $13,400/yr | $18,000/yr | -$4,600 |
K-12 Total Cost (13 Years)
Memphis
$140,400
Richmond
$188,500
Choosing Memphis saves $48,100 per child over a full K-12 career. Two kids? That's $96,200.
Sample Schools
Memphis
Hutchison School
Independent · PK–12 · $20,800-$22,400/yr
Memphis University School
Independent · 7–12 · $18,400/yr
Christian Brothers High School (Memphis)
Catholic · 9–12 · $13,800/yr
St. Agnes Academy (Memphis)
Catholic · 9–12 · $12,200/yr
Richmond
St. Catherine's School (Richmond)
Independent · PK–12 · $28,800-$31,400/yr
St. Christopher's School
Independent · K–12 · $29,200-$31,800/yr
Collegiate School (Richmond)
Independent · PK–12 · $30,400-$32,800/yr
Benedictine College Preparatory
Catholic · 9–12 · $16,200/yr
About This Comparison
This comparison uses NCES Private School Universe Survey data, adjusted for metro-level cost-of-living differences. "Average tuition" blends religious schools (Catholic, Christian) and independent day/prep schools. Religious schools typically cost 60-70% less than independent schools in the same city.
Grade-level estimates (elementary, middle, high) are derived from the city average using national grade-level multipliers. High school tuition typically runs 15-25% above the city average; elementary runs 10-20% below.