A wise sage once said “she works hard for the money” and these places in Tennessee definitely treat her right.
You see, these are the places in Tennessee where the cost of living is the lowest; where your salary goes the furthest. And when if you have the luxury of choosing where to live in the Volunteer State, then the cost of living should play a role in the decision.
So we did the hard for you and crunched the numbers to find the cities that have lower food, energy, and housing costs. After the dust settled on our analysis of the 94 largest places in Tennessee, we were left with this set of the best value for your money:
So listen up Brentwood as we explain how we created this ranking, you could learn some things from the rest of the state.
How We Determined The Most Affordable Places To Live In The Volunteer State
There are basic necessities that you have to buy no matter where in the country you live. Those things include:
- Health Insurance
You can then compare the cost of these things in each of the places in Tennessee to figure out which is the least expensive.
What you are left with is a “Cost of Living Index” that normalizes to 100 for an average place in the United States.
So we used that cost of living index in order to rank all of the 94 places in Tennessee that have more than 5,000 people.
And just so you can better understand how the cost of living index works, 100 is the average cost of a place in the United States. A score of 90 means that the place cost 10% less than average. A score of 90 means it’s 10% less expensive.
San Francisco has a score of 243 meaning it’s almost 2.5 times as expensive as the average place in the country.
1. La Follette
Population: 7,447 Services: 93
Population: 13,567 Services: 90
Population: 6,369 Services: 93
Population: 5,537 Services: 93
Population: 5,827 Services: 94
Population: 13,492 Services: 94
Population: 9,068 Services: 93
Population: 7,217 Services: 94
Population: 7,850 Services: 102
Population: 10,413 Services: 102
Detailed List Of Affordable Places In Tennessee