Living in Tennessee, USA Vs Virginia, USA Median home value – Tennessee, USA is 20% below Virginia, USA and 17% below the national average. Median household income – Tennessee, USA is 26% below Virginia, USA and 14% below the national average.
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Is Virginia more expensive than Tennessee?
Virginia is 20.6% more expensive than Tennessee.
Is Virginia expensive to live in?
The average cost of living in Virginia is just 1% higher than in the average U.S. state. So living in Virginia is cheaper than some states (like California), more expensive than some (like Tennessee) and about the same as others (like Florida).
Is Tennessee expensive to live in?
In short, Tennessee enjoys an especially low cost of living. According to a study conducted by the World Population Review, in 2021 Tennessee is the country’s sixth cheapest state to live in. That’s pretty standard for The Volunteer State, where living costs have historically landed it in the top ten for affordability.
What is the average cost to live in Tennessee?
Average Cost of Living in Tennessee: $37,499 per year
Tennessee is among the most affordable 10 states, at No. 6, according to MERIC data gathered in the third quarter of 2021.
What’s the cheapest state to live in?
Mississippi
As of August 2022, Mississippi is the least expensive state to live in, according to worldpopulationreview.com. The Magnolia State has a cost of living index of 83.3.
What state has the cheapest cost of living?
Mississippi
1. Mississippi. Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. It also has the lowest average housing costs in the nation at 33.7% below the national average.
Is moving to Virginia worth it?
There are many pros and cons to moving to Virginia, but the pros definitely outweigh the cons. With a low crime rate, great quality of healthcare, and a strong economy, it is no surprise that Virginia is one of the best places to live. Surrounded by history and living in the heart of where America began is pretty cool.
What part of Virginia is cheapest to live in?
Martinsville. The most affordable city in Virginia is Martinsville. It is encircled by the Blue Ridge Mountains, which provide an abundance of opportunities for outdoor recreation.
What part of Virginia is best to live in?
Best Places to Live in Virginia
- Alexandria.
- Charlottesville.
- Bon Air.
- Centreville.
- Stone Ridge.
- Chesapeake.
- Abingdon. Let’s head to the other side of the state.
- Blacksburg. Blacksburg is a small mountain town with higher housing prices and lower yearly salaries than Abingdon.
What are the disadvantages of living in Tennessee?
The Cons of living in Tennessee
- The weather can be extreme at times.
- There are nuclear power plants in Tennessee.
- Traffic in Tennessee’s major cities can be a nightmare.
- It might take time to adapt to the humid climate.
- Tennessee is a landlocked state.
What is the cheapest city in Tennessee to live in?
2022 Most Affordable Cities in Tennessee
- Memphis.
- Lawrenceburg.
- Lewisburg.
- Union City.
- Millington.
- Paris.
- Knoxville.
- McMinnville.
What part of Tennessee is best to live in?
Here are the best places to live in Tennessee: Nashville. Knoxville. Chattanooga.
- Nashville.
- Knoxville. Best Places to Live 2021-2022 Rank: 41.
- Chattanooga. Best Places to Live 2021-2022 Rank: 49.
- Memphis. Best Places to Live 2021-2022 Rank: 143.
How much money do you need to live comfortably in Tennessee?
Typical Expenses
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 3 Children | |
| Required annual income after taxes | $27,652 | $83,941 |
| Annual taxes | $4,483 | $13,608 |
| Required annual income before taxes | $32,135 | $97,549 |
Are groceries expensive in Tennessee?
Groceries. Groceries in Nashville are about 2% higher than the national average. The national average monthly cost of groceries ranges between $165 and $345, which means Nashville residents should expect to pay between $168.30 and $351.90.
What is a good income in Tennessee?
As of Nov 4, 2022, the average annual pay for the Comfortable jobs category in Tennessee is $43,000 a year. Just in case you need a simple salary calculator, that works out to be approximately $20.67 an hour. This is the equivalent of $826/week or $3,583/month.
What is the best state to live in financially?
Researchers at the personal finance publication ranked the 50 states based on scores in five categories: affordability, economy, education and health, quality of life, and safety. Massachusetts topped 2022’s list, touting a score of 62.65 out of 100. New Jersey came in second, dropping from the top spot last year.
What is the best state to move to right now?
The top state is Massachusetts, which ranked first in the nation for education and health, fourth for safety, sixth for quality of life, and 10th for its economy. It did rank a low 44th out of 50 states for affordability, but its overall score was enough to eke out a win over the closely-second next state.
What is the most expensive state to live in?
Hawaii. With a cost of living index score of 189.9 Hawaii is the most expensive state to live in right now. Groceries alone are 50 percent more expensive than the country’s average though poverty remains low.
Which state is least affordable?
Hawaii. The Aloha State ranks the single least affordable state when taking into account the average wages earned by renters. The average renter in Hawaii needs to work two jobs to afford a modest two-bedroom apartment at the estimated average wage of $21 per hour.
Where is the cheapest place to live in the US 2022?
Above you’ll see that Sioux Falls, SD is the big winner in 2022, with the best total score and the top ranking among all US cities. Reno, NV, Provo, UT, Madison, WI, and Huntsville, AL round out the top five.