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Tennessee Cost of Living (TN)

The cost of living in Tennessee (TN) is lower than the nationwide average. The average yearly pay in Tennessee is $44,091.00, which is lower than the U.S. average annual salary by $5,717.00. The consumer price index (CPI) of 223 in Tennessee is 4.29% lower than the U.S. city average CPI of 233. The sales tax is 7.00%.

The CPI calculation is based on a statistical model that takes into account some of the major personal consumption categories such as healthcare, transportation, housing, education and food, in addition to the average Tennessee annual salary, sales tax rates and the regional consumer price index.


Tennessee Consumer Price Index (CPI):
CPI
Tennessee
223
U.S. City Average
233
Average Annual Pay:
U.S. Dollars
Tennessee
$44,091
U.S. City Average
$49,808
Consumption Categories in Tennessee versus National Average:
Category Percentage Versus National Average
Education -7.41%
33.48%
0%
Healthcare -5.93%
26.79%
0%
Groceries -2.96%
13.37%
0%
Rent -19.45%
87.88%
0%
Mortgage -20.12%
90.91%
0%
Electricity 19.64%
0%
88.74%
Gasoline -4.00%
18.07%
0%



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