The cost of living on average is 19% lower in Tennessee than the national average, and the housing is 21% lower! And even more so, Tennessee has no state income tax.
California also has the 11th highest overall tax burden in the nation. The overall tax burden is 9.47% which includes property, income, and sales tax. Tennessee has one of the lowest overall tax burdens in the nation. Tennessee ranks all the way down at 48th, and has a 6.28% tax burden.
As you can tell it “pays” to live in Tennessee!
See below an analysis of the two states compared to the US Average, provided by www.bestplaces.net.
