Tennessee is 0.4% cheaper than Michigan.
Contents
Is Michigan an expensive state to live in?
The cost of living in Michigan is slightly lower than the national average, making it an affordable place to live.Certain cities are more expensive than others within the state of Michigan. Ann Arbor is one of the more expensive cities in the state, with the average monthly rent coming in at $1,175 per month.
Is Tennessee an expensive state to live in?
Is it expensive to live in Tennessee? In short, no, Tennessee is actually a very inexpensive place to live. According to the 2021 Cost of Living Index, Tennessee ranks sixth place for lowest cost of living in the United States.With a score of 88.7, Tennessee comes in well below the national average.
Is the cost of living in Tennessee high?
An amount below 100 means Tennessee is cheaper than the US average. A cost of living index above 100 means Tennessee, Tennessee is more expensive.
Tennessee cost of living is 87.6.
| COST OF LIVING | Tennessee | United States |
|---|---|---|
| Grocery | 95.4 | 100 |
| Health | 101.9 | 100 |
| Housing | 71.2 | 100 |
| Median Home Cost | $231,600 | $291,700 |
How much does it cost to live in Michigan per month?
The typical renter in Michigan spends $850 a month on housing, $173 less than the $1,023 national median monthly rent. Monthly rent for a one-bedroom in the state is $672, while the typical rent for a unit with five or more bedrooms is $1,187.
What is the cheapest state in America to live in?
Mississippi
Mississippi
The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living. Mississippi’s living wage is only $48,537 and has the cheapest personal necessities anywhere in the country.
How cheap is Michigan?
An amount below 100 means Michigan is cheaper than the US average. A cost of living index above 100 means Michigan, Michigan is more expensive.
Michigan cost of living is 89.6.
| COST OF LIVING | Michigan | United States |
|---|---|---|
| Overall | 89.6 | 100 |
| Grocery | 93.4 | 100 |
| Health | 86 | 100 |
| Housing | 65.5 | 100 |
Is it worth it to move to Tennessee?
Over the last 20 years, Tennessee has enjoyed an impressive rate of population growth. Low tax rates, living costs, and high quality of life have kept people on the move to Tennessee. It’s not a perfect place, but for the price, Tennessee is about as good as one can get.
Why are houses so cheap in Tennessee?
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.
Is Tennessee a good state to move to?
Consider moving to Tennessee. With a booming economy and numerous large companies, Tennessee is one of the best places in America to find employment.Given Tennessee’s many businesses, tax-friendly environment and numerous colleges, the state has no problem attracting talent from all over the country.
How much money do you need to live comfortably in Tennessee?
–A study by personal finance company Go Banking Rates finds in order to live comfortably in Nashville, residents need to make $80,548 per year. The study examined housing costs, the price of necessities such as food and healthcare, and average incomes among America’s 50 largest cities.
What is a livable wage in Tennessee?
Living Wage Calculation for Davidson County, Tennessee
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $14.84 | $30.69 |
| Poverty Wage | $6.13 | $12.60 |
| Minimum Wage | $7.25 | $7.25 |
Are houses cheaper in Tennessee?
Thanks to a low cost of living and inexpensive housing, Tennessee was second only to Mississippi in affordability, according to the MERIC data.Although the median home value in Tennessee is a little over $120,000, in some areas like Memphis and Union City, you can easily find a single family home for around $60,000.
How much is the average gas bill in Michigan?
Gas bill monthly averages by state
| State | Average Gas Bill |
|---|---|
| Michigan | $68.93 |
| Minnesota | $78.69 |
| Mississippi | $89.58 |
| Missouri | $123.20 |
Is Michigan a good place to move to?
Even Popular Science magazine has given it a seal of approval by noting that Michigan will be the best place to live in America by the year 2100. But its draw extends beyond the natural charm. Well-paying jobs and high-quality education are a recurrent theme in Michigan.
What is the safest and cheapest state to live in?
10 best states to live in, based on cost, safety and quality of life
- New York. Total score: 61.63.
- Idaho. Total score: 61.16.
- Minnesota. Total score: 60.97.
- Wisconsin. Total score: 60.94.
- Utah. Total score: 59.84.
- New Hampshire. Total score: 59.59.
- Iowa. Total score: 59.49.
- Pennsylvania. Total score: 59.21.
Which state has the lowest cost of living 2021?
States with the Lowest Cost of Living
- Mississippi. Mississippi has the lowest cost out of living of all 50 states.
- Oklahoma. Oklahoma has the second-lowest cost of living in the United States.
- Arkansas. The state with the third-lowest cost of living in Arkansas.
- Kansas.
- Missouri.
- Georgia.
- Alabama.
- New Mexico.
What is the cheapest state to buy a house?
- Mississippi. Mississippi is the cheapest state to buy a home in with a median home value of $114,500.
- West Virginia. West Virginia is the second-cheapest state to buy a home.
- Arkansas. Arkansas’s median home value is about $123,300, the third-lowest in the country.
- Oklahoma.
- Kentucky.
- Indiana.
- Alabama.
- Ohio.
How much are utilities in Michigan?
Michigan. Michigan is among the 20 best US states regarding house costs. The average cost of utilities in Michigan is $342.68, not including the average trash bill per month. Utilities in the capital Lansing, including garbage but no phone, internet, and cable, stand at $149.70 a month.
What is so bad about Detroit?
Local crime rates are among the highest in the United States (despite this, the overall crime rate in the city has seen a decline during the 21st century), and vast areas of the city are in a state of severe urban decay.Poverty, crime, shootings, drugs and urban blight in Detroit are ongoing problems.
What are the dangers of living in Tennessee?
Be careful of the dangers, y’all – we warned ya. Without further ado, here are some of the biggest risks of living in Tennessee.
Here Are The 9 Biggest Risks Living In The State of Tennessee
- Rapid weather changes.
- Humidity.
- Tornados.
- Stars in your eyes.
- Rabid football fans.
- Too much of a good thing.
- Flooding.
- Snakes!
