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Cost of Living in
Tennessee

Living cost is 9.45% lower than avg
Families spend upto $8,028/mo on avg
Homeowners spend $7,699/mo on avg
Renters spend $4,204/mo on avg

Cost of Living in
Tennessee

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A Breakdown of the Cost of Living in Tennessee

U.S. Avg.

Tennessee

Difference Diff

Home Price

$532,491

$447,205.31

16%

Apartment Rent (per month)

$1,367

$1,283.11

U.S. Avg.

Tennessee

Difference Diff

Phone (per month)

$219.4

$196.46

10%

Total Energy (per month)

$200.23

$180.55

10%

U.S. Avg.

Tennessee

Difference Diff

Grocery Staples

Corn Flakes (per box)

$6.79

$5.19

24%

Frozen Corn (per bag)

$2.41

$2.14

11%

Frozen Meal (per package)

$4.85

$3.58

26%

Cooking Oil (per bottle)

$6.16

$8.57

39%

Detergent (per bottle)

$19.51

$20.36

Facial Tissues (per box)

$2.85

$2.14

25%

Sweet Peas (per can)

$1.83

$1.6

13%

Sugar (per bag)

$4.66

$5.02

Bread (per loaf)

$3.87

$3.94

Frying Chicken (per lb)

$1.64

$1.41

14%

Meat & Poultry

Chicken (per lb)

$1.71

$1.47

14%

Steak (per lb)

$14.54

$16.85

16%

Sausage (per lb)

$5.23

$4.93

Ground Beef (per lb)

$8.61

$8.17

Snacks & Beverages

Soft Drink (per bottle)

$3.45

$3.04

12%

Potato Chips (per bag)

$5.54

$4.28

23%

Coffee (per lb)

$6.55

$6.25

Fresh Orange Juice (per half gallon)

$5.22

$5.1

Fruits & Vegetables

Peaches (per can)

$4.40

$2.78

37%

Lettuce (per head)

$1.98

Bananas (per lb)

$0.64

$0.74

16%

Potatoes (per bag)

$5.58

$6.19

11%

Dairy & Eggs

Parmesan Cheese (per lb)

$4.69

$4.67

Margarine (per lb)

$1.30

$1.35

Eggs (per dozen)

$3.98

$4.28

Whole Milk (per gallon)

$4.08

$4.64

14%

Seafood

Chunk Light Tuna (per can)

$1.22

$1.28

U.S. Avg.

Tennessee

Difference Diff

Tire Balance (per tire)

$70.23

$53.43

24%

Gasoline (per gallon)

$2.9

$2.83

U.S. Avg.

Tennessee

Difference Diff

Doctor Visit (per visit)

$116.03

$124.62

Dentist Visit (per visit)

$145.11

$105.52

27%

Ibuprofen (per bottle)

$12.38

$11.55

Prescription Drug (per month)

$20.8

$20.32

Optometrist Visit (per visit)

$95.27

$117.12

23%

U.S. Avg.

Tennessee

Difference Diff

Women’s Slacks

$35.43

$39.4

11%

Boys’ Jeans

$29.47

$34.17

16%

Men’s Shirt

$39.36

$45.12

15%

Wine (per bottle)

$7.51

$13.85

84%

Beer (per 6-pack)

$11.17

$10.64

Veterinary Services (per visit)

$65.33

$63.77

Tennis Balls (per pack)

$3.59

$3.78

Yoga (per class)

$12

$17.35

45%

Movie (per ticket)

$11.67

$14.61

25%

Newspaper (per copy)

$19.31

$13.33

31%

Washer Repair (per service)

$109.47

$91.76

16%

Women Slacks

$34.88

$39.37

13%

Boy Jeans

$29.51

$35.2

19%

Man Dress Shirt

$39.05

$45.05

15%

Dry Cleaning (per item)

$13.45

$16.46

22%

Shampoo (per bottle)

$1.55

$1.38

11%

Toothpaste (per tube)

$3.64

$4.06

12%

Beauty Salon (per visit)

$47.5

$44.09

Haircut (per cut)

$27.08

$23.43

13%

Fried Chicken (per serving)

$4.37

$5.01

15%

Pizza (per pizza)

$11.99

$12.27

Hamburger (per serving)

$5.28

$5.31

Welcome to the Volunteer State—where the cost of living is 9.45% lower than the national average. With no state income tax, affordable housing, and a rich musical heritage, Tennessee ranks among the most affordable states in the US. Nashville is home to major country music labels, while Memphis is known as the birthplace of blues and barbecue. But even with growing demand, housing and everyday expenses across Tennessee remain relatively budget-friendly.

Housing is 16% lower than the national average. The median home price is $447,205.31, compared to the US median. If you're buying a new house in Tennessee, expect to put down 10% to 15% of the purchase price as a down payment. Monthly mortgage payments are also typically 20% to 30% lower than the national average.
Renting in Tennessee is 6.1% lower than the national average of $1,283.11. The average rent for a one-bedroom home in Tennessee is $1,000 per month, while a two-bedroom averages up to $1,200. At these lower prices, renters often enjoy more space and dedicated parking, benefits that are harder to find in more expensive coastal markets.
Utilities are 9% lower the national average, which helps keep your monthly expenses are low. But hot, humid summers (especially in cities like Nashville and Memphis) can push electricity bills to $180.55 during peak months. Winters are mild, so heating costs remain low. Internet plans typically range from $196.46 per month, depending on location and provider. Chattanooga stands out for its fast and affordable city-run internet service.
Food prices in Tennessee are 0% lower than the US median. A gallon of milk costs around $4.64, compared to $5.20 in California and $4.90 in New York. A family of four can expect to spend between $800 and $1,200 per month on groceries, while a single adult can make do with $250 to $350, depending on their eating habits.
Transportation costs are 17.31% lower than the US average. The average gas price in Tennessee is $2.83 per gallon, which is notably lower than the national average. Car insurance is moderately priced, but public transit is limited outside major cities. Even with registration fees and maintenance, transportation remains budget-friendly in the Volunteer State.
Healthcare costs in Tennessee are 15.12% lower than the national average. A routine doctor’s visit in cities like Knoxville or Murfreesboro costs around $124.62, and dental cleanings average $105.52. ER visits without insurance can reach $2,200. Rural areas offer lower costs, but may have fewer specialists.
Miscellaneous expenses are 2.25% lower than the national average. This covers entertainment like concerts at the Grand Ole Opry, gym memberships (averaging $70 to $120 per month), and weekend trips to Dollywood or the Tennessee River. Date nights in Franklin or Gatlinburg may exceed $120, while a family day at Dollywood can cost up to $280.

Moving to Tennessee? Get ready for a more affordable lifestyle. The cost of living is easier on your wallet—but between housing, utilities, and everyday expenses, it’s still smart to budget wisely. 👉 Next Step: Compare single-family homes in Tennessee.

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Is Living in Tennessee Expensive?

No, Tennessee is not expensive to live in. In fact, it's one of the most affordable states in America. The average cost of living in Tennessee is 9.45% lower than the national average. With average home price in tennessee 16% lower than the US median, housing costs are the biggest advantage.

With a budget of $447,205.31, you'll get a townhouse in Tennessee with a yard and garage. In contrast, the same amount barely covers a small condo in expensive coastal markets like California, New York, Massachusetts, or Hawaii. Beyond housing, Tennessee’s lower costs for food, utilities, and transportation contribute to a lifestyle that’s both comfortable and financially sustainable.

Housing in Tennessee

If you're buying a home in Tennessee, you’ll find some real financial perks. Housing prices in the state are 16% lower than the US average, making Tennessee one of the most affordable markets in the Southeast. With mortgage rates usually between 7% and 7.5% and property taxes averaging just 0.55%, monthly payments can stay surprisingly manageable. Here’s a quick look at what you can expect to pay:

Buying a House in Tennessee

For young adults or single people, homes in Memphis or Chattanooga are popular entry points into homeownership. These neighborhoods offer vibrant downtowns and amenities like restaurants, parks, and entertainment venues. Homes average $180,000 in Memphis and $350,000 in Chattanooga, with monthly mortgages around $1,200 to $2,400 (excluding taxes and insurance). Condos in Knoxville or Clarksville, priced between $150,000 and $250,000, provide a budget-friendly alternative.
If you're a married couple with young children (under 6), expect to pay $300,000 to $500,000 for a three-bedroom home in Franklin. Homes with backyards in Chattanooga or neighborhoods like Murfreesboro and Hendersonville are also popular for families. These areas have highly rated schools like Williamson County Schools and Franklin Special School District, known for strong academics and community involvement.
For families with older children (ages 6 to 17), multi-family homes in Tennessee range from $400,000 to $800,000. Patio homes in Nashville, Belle Meade, and other upscale suburbs are also popular choices. These areas offer great outdoor spaces and access to top schools like Nashville School of the Arts and Hume-Fogg Academic High School.

Renting a House in Tennessee

Renting in Tennessee costs about 6.1% lower than the national average. While the average rent in the US is $1,283.11 per month, Tennessee’s average is around $1,100, depending on the neighborhood and home size. Here’s a breakdown of average rents across the state:

If you're a young adult or single person, rent for a one-bedroom home in Nashville is about $1,200 per month, while in Memphis it’s closer to $1,000. Nashville is known for its music scene, honky-tonk bars, and job opportunities, while Memphis offers blues culture, barbecue, and lower living costs. You can also check out homes in Knoxville or Chattanooga, which range from $1,000 to $1,400 monthly, and offer beautiful mountain views and outdoor activities.
If you're a married couple with young children (under 6), expect to pay between $1,400 and $2,200 monthly for a two-bedroom house in Franklin, Brentwood, or other family-friendly neighborhoods. These areas come with plenty of parks, schools, and recreational centers. Franklin is home to top-rated elementary schools, while Brentwood boasts a family-oriented community with lots of green spaces.
For families with older children (ages 6 to 17), renting a three-bedroom home in Murfreesboro or a four-bedroom in Collierville costs between $1,800 and $3,200 per month. Rentals near popular schools and family-friendly neighborhoods tend to be at the higher end of this range.
If you're downsizing, expect to spend $1,200 to $1,800 per month renting one- or two-bedroom condos in Gatlinburg, Pigeon Forge, or Sevierville. These areas offer low-maintenance living, with mountain views and easy access to Great Smoky Mountains National Park. Seniors tend to go for tiny homes in Tennessee, as they provide a low-maintenance, affordable lifestyle.
International students should budget about $1,400 to $2,000 monthly for a two-bedroom apartment in Music Row or The Gulch areas of Nashville. Sharing apartments in student-friendly neighborhoods like East Nashville, Green Hills and Brentwood can reduce your costs by up to 35%.

Utilities in Tennessee

Food and Groceries in Tennessee

Transportation in Tennessee

Healthcare in Tennessee

Healthcare costs in Tennessee are 15.12% lower than the national average, though access can vary between urban and rural areas. Major medical centers like Vanderbilt University Medical Center and Saint Thomas Hospital provide excellent care. Here's a breakdown of healthcare costs in Tennessee:

Doctor Visit — $124.62+ per visit: Routine care in Tennessee averages $120 per visit, lower than most states in the US. Common reasons for seeing a doctor, like annual check-ups, blood pressure monitoring, or prescription refills, typically fall within this range. Specialized visits, such as cardiology at Vanderbilt Heart, may cost more.
Dentist Visit — $105+ per visit: Basic dental cleanings in Tennessee average around $105, while cavity fillings range from $135 to $180. Compared to states like California or New York, where cleanings often exceed $130, Tennessee remains more affordable. Even elective procedures like teeth whitening typically cost 10% to 15% less than the national average.
Optometrist Visit — $105.52+ per visit: Routine eye exams in Tennessee cost about $115, below the national average of $135. This includes vision checks and prescription updates. Specialized services (like retinal imaging or dry eye treatment) can add $40 to $120 more.
Prescription Drugs — $20.32+ per package: For chronic conditions like diabetes, a month's supply of Metformin can cost $12 to $22 without insurance. Blood pressure medications like Lisinopril range between $8 and $18 per month. For short-term needs, a common antibiotic like Amoxicillin may cost $15 to $25.
Over-the-Counter Meds — $9+ per package: Everyday essentials like Ibuprofen, allergy relief, and cold medications average $11.55 per package. Whether you're dealing with seasonal allergies in spring, or cold symptoms during Tennessee winters, a well-stocked medicine cabinet won't break the bank.

Tennessee benefits from the presence of major medical institutions and respected research facilities. The state continues to expand healthcare access, particularly in rural areas, through targeted initiatives and investment. Whether for routine check-ups, specialized treatment, or emergency care, Tennessee’s healthcare system delivers quality services at relatively affordable prices.

*Disclaimer: These figures are averages and can vary based on individual circumstances and specific insurance providers. It's recommended to compare plans and consult with insurance professionals to find the best coverage for your needs.

Miscellaneous Costs in Tennessee

What Salary Do You Need to Live in Tennessee?

The average income in Tennessee is 9.45% lower. To live comfortably, you'll need around $42,000 to $65,000 per year, depending on your lifestyle and household size. The absence of state income tax in Tennessee means your paycheck stretches further than in most other states.

Homeowners spend $92,390.00 per year: This includes mortgage payments, property taxes, insurance, and utilities. Homeownership is more attainable here, especially in cities like Knoxville or Chattanooga.

Renters spend $50,449.00 per year: Rent for a one-bedroom apartment, plus groceries, utilities, and basic transportation, stays relatively affordable in most Tennessee cities, even in Nashville’s suburbs.

Families with kids spend $96,334.00 per year: Childcare, a larger home, healthcare, and family transportation costs add up. Still, Tennessee’s affordability allows families to cover these essentials without overwhelming financial pressure.

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What is a Cost of Living Calculator?

A cost of living calculator helps you compare the expenses required to live in a different location. The calculator factors in various living expenses like housing, food, utilities, transportation, fitness, and entertainment, etc., and helps you estimate how much salary you need to live in that city. Since the cost of goods and services varies in different cities, a Tennessee cost of living calculator can help you make the decision to move to this city or not.

About Cost of Living Data

The data used to determine Tennessee's cost of living is sourced from the Council for Community and Economic Research (C2ER). Published since 1968, COLI data is recognized by the U.S. Census Bureau and the Bureau of Labor Statistics. This organization regularly updates its data to offer a detailed and well-researched view of living expenses in cities across the country. An independent Advisory Board reviews C2ER’s data collection methodologies and quarterly publications to ensure consistency and quality. For more information, visit www.coli.org. Data published as of Oct 2025.

Frequently Asked Questions

How much is gas in Tennessee?

The price of gas in TN averages $2.83 per gallon. Prices may rise during summer travel season, or around high-traffic periods like race weekends at Bristol Motor Speedway. Tennessee's central location and multiple refineries help keep gas prices competitive.

Is Tennessee a good place to live?

Yes, Tennessee offers a low cost of living, no state income tax, and a friendly, welcoming atmosphere. With quality healthcare, strong schools in cities like Franklin and Brentwood, and popular attractions like the Country Music Hall of Fame, it’s a great place for families, professionals, and retirees alike.

What is the cost of living in Tennessee?

The average cost of living in Tennessee is 9.45% lower than the national average. Nashville and Franklin are more expensive, while Memphis, Chattanooga, and Knoxville are among the most affordable places to live in Tennessee.

What is the average rent in Tennessee?

A one-bedroom apartment in Tennessee typically rents for $1,000 to $1,400 per month. However, premium neighborhoods like Music Row in Nashville or downtown Memphis cost more, as they offer amenities like rooftop terraces and fitness centers.

How much is a two-bedroom apartment in Tennessee?

A two-bedroom home in Tennessee costs between $1,200 and $2,000 in rent per month. Expect higher rents for luxury homes in Nashville, or downtown Chattanooga with Tennessee River views.

What is the average price of utilities in Tennessee?

Utilities in Tennessee range from $360 to over $470 per month. This includes electricity, water, gas, and internet, with lower costs thanks to the Tennessee Valley Authority's affordable electricity rates.

How much is childcare in Tennessee?

If you're moving to Tennessee, expect childcare costs to range between $800 to $1,400 per month for toddlers. Prices vary by area, with daycare centers in Nashville and Franklin costing more than family daycare set-ups in Memphis and Knoxville.