Is Arkansas Cheaper Than Tennessee?

Arkansas is 1.9% cheaper than Tennessee.

Is Arkansas an expensive state to live in?

Living in Arkansas is less expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 14.7% less than they do on average nationwide. Compared with all other states, Arkansas has the lowest overall cost of living.

Is Tennessee a cheap state to live in?

In short, Tennessee enjoys an especially low cost of living. According to a study conducted by the World Population Review, in 2021 Tennessee is the country’s sixth cheapest state to live in. That’s pretty standard for The Volunteer State, where living costs have historically landed it in the top ten for affordability.

Is Tennessee an expensive state?

Tennessee’s quality of life is high, and its cost of living is low. Based on 2020 annual averages, Tennessee has the 8th lowest cost of living in the nation at 10.3% below the national average.

How much does it cost to live in Arkansas?

A cost of living index above 100 means Arkansas, Arkansas is more expensive.
Arkansas cost of living is 79.0.

Why are houses in Arkansas so cheap?

Low demand to live in Arkansas (for whatever the reason, low job growth, now a desirable place to live, etc) causes low movement of inventory, which would cause low pricing (in order to move inventory quicker.

Which state has lowest cost of living?

Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.

Where should I not live in Tennessee?

The 10 Worst Places to Live in Tennessee

• Millington.
• Savannah.
• Morristown.
• Sweetwater.
• Dunlap.
• Covington.
• Rockwood.
• Memphis. Memphis makes it into the ten worst places to live in Tennessee as its high crime rates mean it is the most dangerous place to live in the state, says Only in Your State.

What is the cheapest city to live in TN?

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.

Which part of Tennessee is best to live in?

Here are the best places to live in Tennessee: Nashville. Knoxville. Chattanooga.

1. Nashville.
2. Knoxville. Best Places to Live 2021-2022 Rank: 41.
3. Chattanooga. Best Places to Live 2021-2022 Rank: 49.
4. Memphis. Best Places to Live 2021-2022 Rank: 143.

Where can I live for $500 a month in USA?

Without further ado – and in no particular order – here’s what $500 per month can get you in ten affordable U.S. cities:

• Greenville, OH. Listing: Wayne Crossing.
• Wichita, KS. Listing: Eagle Creek.
• Lawton, OK. Listing: Sheridan Square Apartments.
• Amarillo, TX.
• Indianapolis, IN.
• Searcy, AR.
• Shreveport, LA.
• Jackson, MS.

Is housing cheap in Tennessee?

Yes, Tennessee is a very cheap state to live in! The average costs of living in Tennessee is relatively low. According to the 2021 Cost of Living Index, Tennessee ranks sixth place for lowest cost of living in the United States.

Why is it so cheap to live in TN?

This is mostly due to the majority of the state being in rural areas and the lack of a state income tax. While cities such as Nashville have high housing costs, this is balanced by below average costs of transportation, healthcare and child care.

How much money do you need to live comfortably in Arkansas?

Typical Expenses

What is a good salary in Arkansas?

$21.65 is the 25th percentile. Wages below this are outliers. $43.74 is the 90th percentile. Wages above this are outliers.
What are Top 10 Highest Paying Cities for Average Jobs in Arkansas.

What is the most common job in Arkansas?

The most common job groups, by number of people living in Arkansas, are Driver/sales workers & truck drivers (45,615 people), Registered nurses (31,933 people), and Firstline supervisors of retail sales workers (29,319 people).

Is moving to Arkansas a good idea?

Moving to Arkansas? Good move: The Natural State is one of the best places to relocate thanks to a low cost of living and a high quality of life that includes plenty of outdoor recreation, employment opportunities, a strong arts scene and more. The people who come here tend to love it and end up staying a long time.

Is it worth it to live in Arkansas?

If you desire to keep your living costs low, want affordable property taxes, and nice weather. Plus you enjoy participating in outdoor activities. And prefer that all of it is located in a setting of smaller cities and charming home towns. Then, yes Arkansas is a good state to live in.

Why is everyone moving from Arkansas?

Trends show that people have been fleeing the hectic pace of major U.S. cities in search of greater work-life balance, more flexibility and other opportunities—and the numbers have been skyrocketing during the coronavirus pandemic. Arkansas was recently ranked the sixth most popular state to move to right now.

What is the best state to live in financially?

The five best states for your personal finances in 2022 are (No. 1 being best): Tennessee.

• New Jersey.
• Hawaii.
• Connecticut.
• Alaska.
• Illinois.

Which state has the cheapest food?

The most notable exception is New Hampshire, which, despite being an East Coast state, actually has the lowest food costs in the nation.