Tennessee Data

Rank #36 / 50
Cost of Living
Rank #25
National Avg
January 2026
Updated
mortgage rate
4.88
median monthly rent
1100

Tennessee Cost of Living (2026) — How It Compares to Other States

Cost of living ranking (1=most expensive)

Rates by StateCost of LivingTennessee
StateCost of Living (index)vs National
→ TennesseeRank #36 / 50-NaN%
→ Tennessee$900-$2,200-NaN%
→ Tennessee$150-$275/hr-NaN%
→ TennesseeNo income tax-NaN%
→ Tennessee4.88%-2.4%
→ Tennessee1.10% APY-8.3%
→ Tennessee$150–$350-NaN%

Frequently Asked Questions

What are Tennessee cost of living in 2026?
Tennessee cost of living are currently Rank #36 / 50 as of January 2026. The national average is Rank #25. Tennessee is at or below the national average.
How do Tennessee cost of living compare to other states?
Tennessee cost of living of Rank #36 / 50 compare to a national average of Rank #25. Rates vary by state based on local market conditions, legislation, and economic factors.
Where can I find the best cost of living in Tennessee?
Compare multiple providers and verify credentials before committing to any financial service in Tennessee.
Is Tennessee an expensive state to live in?
Tennessee has a cost of living index of Rank #36 / 50 compared to a national baseline of 100. Tennessee is more affordable than the national average — residents typically pay less for housing, groceries, utilities, and transportation than most Americans.

Plan Your Budget

See how your income stretches in Tennessee and build a realistic budget.

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