There is always someone helping out. Read 6 reviews. 46 nationally. #21 Counties with the Lowest Cost of Living in Tennessee. The median home value in Farragut is $376,300, while the median household income is $104,715. Well wonder no more, weve looked at the data ourselves and compiled a comprehensive guide to the average costs of living in Tennessee. Our business-friendly environment and history of innovation brings many of the worlds greatest brands to the Volunteer State. Situated in the beautiful Cumberland Mountains, the town combines small town charm with a growing future. 6, according to MERIC data gathered in the third quarter of 2021. The federal minimum wage is $7.25 per hour while Tennessee's state law sets the minimum wage rate at $7.25 per hour in 2023. The school was built in the 70's and has not been renevated since! I was born and raised here. This is a very small town where everyone knows everyone. The facilities are excellent! When it comes to it, this little county truly works together to help one another in need. If you need an unlimited internet plan, expect to pay an average price of $68.95 per month. Check out the website for Knoxville, Tennessee to find opportunities and activities in the new location like parks, beaches, museums, or playgrounds that kids will enjoy and look forward to visiting. We live in a farming area. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? This may mean helping you run some Tennessee cost of living projections, accompanying you to home inspections, or negotiating closing costs. Norris Lake dominates the area to the south. Tennessee has no state income tax! Admission to the National Civil Rights Museum in Memphis is $15 for adults. You also need to be aware of the market surrounding the house. While youll find million-dollar mansions near Nashville and elsewhere in the state median housing prices are quite affordable. Taking a look back at Nashville, 38.9% of the citys inventory is priced between $136,000 and $273,000. All investing involves risk, including loss of principal. #2 Counties with the Lowest Cost of Living in Tennessee. Cody Tromler is the Content Marketing Manager for UpNest.com. With a score of 88.7, Tennessee comes in well below the national average. The federal minimum wage is $7.25 per hour while Tennessee's state law sets the minimum wage rate at $7.25 per hour in 2023. Tennessee's cost of living is incredibly low, but it may not always stay that way.

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