The higher the cost of living in a state, the harder it is for people of similar means with those in other states to make ends meet. Metric is based on the Council for Community and Economic Research’s 2018 data. TN ranked 6th in 2018 and 7th in 2019.
How we'll improve
In measuring the affordability of housing in each state, median housing prices were compared with 2018 median family incomes and mortgage interest rates, an analysis made by Moody’s Analytics working with U.S. Census Bureau data. TN ranked 25th in 2018 and 28th in 2019.
How we'll improve
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