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  1. Rockwood: Affordable Living with a View. Millington: Small-Town Charm with Big-City Vibes. Chattanooga & Johnson City: Low Costs, High Quality. Chattanooga: Nature’s Playground. Johnson City: Living Large on a Budget. Clarksville, Murfreesboro, Lawrenceburg: Small Towns Rich In History.

  2. Dec 3, 2023 · This is an accurate list of the most affordable places to live in Tennessee for 2024, if you’re looking at the cost of living numbers in Tennessee. The cheapest cities in Tennessee are La Follette, Rockwood, Lawrenceburg, Memphis, Humboldt, Harriman, Madisonville, Union City, Brownsville, and Covington. Here’s a look at the most expensive ...

  3. Jul 23, 2024 · Median home price: $272,500 Average sale price per square foot: $143Average rent for a 1-bedroom apartment: $1,046 Median household income: $44,778 Nearest major metro: Memphis (85 miles)Jackson, TN homes for saleJackson, TN apartments for rent. Taking second place on our list of affordable cities to live in Tennessee is Jackson.

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  4. Oct 14, 2020 · 10. Memphis. According to CBS, Memphis doesn’t just rank as one of the cheapest places to live in Tennessee, it’s one of the cheapest places to live in the entire US. The average property price is just a fraction over $180,000, while a rental property can be had for as little as $726 per month. Food costs are a little higher than they are ...

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  5. Oct 10, 2024 · Wyoming. $1775. The cost of living in Tennessee is $2159, which is 1.02 times less expensive than the average in the United States. Tennessee ranked 30th most expensive and 11th best state to live in the United States. The average salary after taxes in Tennessee is $4272, which is enough to cover living expenses for 2 months.

  6. Jan 20, 2024 · Jan 20, 2024. 10 Most Affordable Cities to Live in Tennessee. Alcoa is the cheapest place to live in Tennessee. The median home value is around $146,500 and monthly apartment rentals are around $700 per month. There are also many other affordable cities in Tennessee that attract many people to move to the state.

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  8. May 9, 2024 · Median Rent: $678. Median Household Income: $53,775. Polk County maintains affordability while offering a slightly larger population than Perry County. Proximity to Chattanooga, Tennessee, opens doors to more job opportunities. As an added perk, the county offers some of the lowest property tax rates in the state.

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