Quick answer
Prices in Tennessee were 8.1% below the US average in 2024 (Regional Price Parity 91.9, US = 100), with a housing-rent index of 79.1, per the U.S. Bureau of Economic Analysis.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)
| Category | Price index (US = 100) |
|---|---|
| All items | 91.870 |
| Goods | 96.247 |
| Housing (rents) | 79.070 |
| Utilities | 72.137 |
| Other services | 95.142 |
| — All items by year — | |
| 2024 | 91.870 |
| 2023 | 92.094 |
| 2022 | 91.800 |
| 2021 | 90.580 |
| 2020 | 90.502 |
| 2019 | 91.262 |
Related
- Cost of living: Tampa, FL vs Virginia Beach, VA (2024)
- Cost of living: Washington, DC vs Tampa, FL (2024)
- Cost of living in Tampa-St. Petersburg-Clearwater, FL vs US average (2024)
- Cost of living in Terre Haute, IN vs US average (2024)
- Cost of living in Texarkana, TX-AR vs US average (2024)
- Cost of living in Texas vs US average (2024)
- Cost of living in Toledo, OH vs US average (2024)
- Cost of living in Topeka, KS vs US average (2024)
Last updated 2026-10-16. Data only, not financial or tax advice.