The cost of living in Tennessee is lower than the national average. State of Tennessee salaries average $47,403.00, indicating a pay rate that is lower than the U.S. average annual salary by $6,218.00.
The consumer price index (CPI) of 233 in Tennessee is 4.90% lower than the U.S. city average CPI of 245. 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.
