Tennessee has a cost of living index of 80 (US average = 100) with a median household income of $62,905 and a population of 4,495,827. We ranked 15 cities based on affordability, income, housing value, and climate to find the best places to call home in Tennessee.
Germantown is 22% more expensive than the national average with a median income of $144,799 and a population of 40,812.
Bartlett is 6% more expensive than the national average with a median income of $100,660 and a population of 56,998.
Collierville is 17% more expensive than the national average with a median income of $134,319 and a population of 51,212.
Middle Valley is 7% cheaper than the national average with a median income of $93,264 and a population of 11,808.
Farragut is 26% more expensive than the national average with a median income of $142,402 and a population of 24,309.
Clarksville is 12% cheaper than the national average with a median income of $66,786 and a population of 171,897.
Lakeland is 12% more expensive than the national average with a median income of $113,843 and a population of 14,068.
Seymour is 0% more expensive than the national average with a median income of $85,240 and a population of 15,914.
Powell is 11% cheaper than the national average with a median income of $85,281 and a population of 13,544.
Memphis is 21% cheaper than the national average with a median income of $51,211 and a population of 629,063.
Atoka is 6% cheaper than the national average with a median income of $86,922 and a population of 10,237.
White House is 1% more expensive than the national average with a median income of $87,315 and a population of 13,875.
Arlington is 24% more expensive than the national average with a median income of $125,909 and a population of 14,989.
Oak Ridge is 16% cheaper than the national average with a median income of $71,000 and a population of 32,088.
Maryville is 7% cheaper than the national average with a median income of $79,340 and a population of 32,196.
Our livability score combines four data-driven factors: affordability (35% — cost of living index relative to national average), income (25% — median household income from the Census Bureau), housing value (15% — home price to income ratio), and climate (15% — NOAA temperature normals favoring moderate climates). Population serves as a proxy for amenities (10%).
Only cities with at least 5,000–10,000 residents are included. Data sourced from the US Census Bureau, Zillow, HUD, and NOAA.