Is it expensive to live in Tennessee? In short, no, Tennessee is actually a very inexpensive place to live. According to the 2021 Cost of Living Index, Tennessee ranks sixth place for lowest cost of living in the United States. ... With a score of 88.7, Tennessee comes in well below the national average.
Why is Tennessee so cheap?
Tennessee is a fairly cheap place to live , compared to the rest of the country. The cost of living index is 86.5, compared to the national average of 100. This is mostly due to the majority of the state being in rural areas and the lack of a state income tax.
How much do you need to live comfortably in Tennessee?
–A study by personal finance company Go Banking Rates finds in order to live comfortably in Nashville, residents need to make $80,548 per year . The study examined housing costs, the price of necessities such as food and healthcare, and average incomes among America’s 50 largest cities.
Is Tennessee an affordable state to live in?
While visiting the most popular attractions is a must-do for any traveler, Tennessee is also an affordable place to live . While you’ll find million-dollar mansions scattered throughout the state in places like Brentwood and Forest Hills, in most cities the median housing prices are reasonable.
Is it cheaper to live in Texas or Tennessee?
Tennessee is 1.7% more expensive than Texas .
What is bad about living in Tennessee?
Some Areas In Tennessee Have High Crime Rates
When it comes to safety. Some areas of Tennesse are very safe. While others, specifically parts of the Memphis metropolitan area have especially high crime rates. Overall, statistics show that Tennessee’s violent crime rate and property crime rate.
What are the bad things about Tennessee?
- We’re #15 in the nation with our 5.6% unemployment rate. ...
- 27th worst state for drivers, with 1.4 crashes per 100 miles. ...
- 28.4% of our state population is obese. ...
- On that note: A recent study noted that less than HALF of Tennesseans exercise regularly.
What is a livable salary in Tennessee?
| 1 ADULT 2 ADULTS (1 WORKING) | 0 Children 2 Children | Living Wage $14.84 $30.69 | Poverty Wage $6.13 $12.60 | Minimum Wage $7.25 $7.25 |
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What is a good hourly wage in Tennessee?
| Annual Salary Hourly Wage | Top Earners $58,754 $28 | 75th Percentile $45,593 $22 | Average $37,551 $18 | 25th Percentile $27,262 $13 |
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What is a good salary in TN?
While ZipRecruiter is seeing salaries as high as $60,636 and as low as $14,101, the majority of salaries within the Person jobs category currently range between $23,501 (25th percentile) to $35,723 (75th percentile) with top earners (90th percentile) making $48,414 annually in Tennessee.
What is the prettiest town in Tennessee?
We’re excited to report that one of our favorite Smoky Mountain cities has received a major honor! Architectural Digest recently compiled a guide to “The Prettiest Town in Every U.S. State,” and Gatlinburg was chosen to represent Tennessee.
What is the poorest town in Tennessee?
The Center Square
Morristown was ranked the poorest city in Tennessee in a 24/7 Wall St. analysis examining U.S. municipalities where households earn less than the nation’s median annual household income of $65,712.
What is the most affordable town to live in in Tennessee?
| Rank City Annual Property Tax | 1 Atoka, TN $1,335 | 2 Oakland, TN $836 | 3 La Follette, TN $481 | 4 Humboldt, TN $735 |
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Is it more humid in Tennessee or Texas?
| State Average RH Dew Point Rank | Tennessee 69.4% 11 | Texas 64.9% 6 | Utah 51.7% 47 | Virginia 68.7% 12 |
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What is Tennessee like to live in?
You can head to a vibrant city like Memphis or Nashville , or opt for a quiet life in the Appalachian Mountains. Tennessee offers a rich culture, natural beauty and a low cost of living.
Is Tennessee bigger than Texas?
Texas is about 6 times bigger than Tennessee .
Meanwhile, the population of Tennessee is ~6.3 million people (18.8 million more people live in Texas).
