Cheapest Gas in Memphis, TN

Updated May 20, 2026 — Prices updated regularly from EIA data

$2.74

Lowest price at Costco in Memphis

Finding Cheap Gas in Memphis

Every cent counts when you're filling up in Memphis. The difference between the cheapest and most expensive stations in town is $$0.25 per gallon today — pure savings just from choosing the right location.

Maximum Savings in Memphis

Choose Costco over Chevron

$0.25 per gallon

$3.75 per 15-gallon fill • $12.00 per year (est.)

Cheapest Brands in Memphis

Rank	Brand	Est. Price	Savings vs. Most Expensive
#1	Costco	$2.74	$0.25
#2	Speedway	$2.86	$0.13
#3	Circle K	$2.87	$0.12
#4	Sunoco	$2.90	$0.09
#5	Marathon	$2.91	$0.08
#6	BP	$2.93	$0.06
#7	Mobil	$2.94	$0.05
#8	Exxon	$2.95	$0.04
#9	Shell	$2.97	$0.02
#10	Chevron	$2.99	$0.00

Gas Saving Tips for Memphis Drivers

Join a warehouse club (Costco, Sam's Club, BJ's) — their fuel consistently runs 10-25 cents below local market prices. The membership cost typically pays for itself in fuel savings within the first two months.
Sign up for gas station loyalty apps — Shell Fuel Rewards, Marathon MakeItCount, and Circle K Inner Circle all offer genuine per-gallon discounts that compound over time.
Use a gas rewards credit card. The Costco Citi Visa earns 4% back on eligible gas; Blue Cash Preferred earns 3% at US gas stations. Pairing a reward card with a warehouse club maximizes savings.
Avoid filling up at highway exits, airports, and tourist areas where convenience premiums routinely add 15-25 cents per gallon.
Keep your tires properly inflated to the manufacturer's recommended PSI — under-inflated tires reduce fuel economy by up to 3%, costing you money every mile.