Discover the Cheapest States for Affordable Living in the US

04 Tennessee

Thanks to Memphis and Nashville, Tennessee is one of the cultural capitals of the United States. However, it's also one of the cheapest states to live in. As well as being full of culture, there are ample work opportunities with eight Fortune 500 companies that call the Volunteer State home. Tennessee is also a healthcare hub and an automotive hub, with 300 health-related companies and 900 automotive factories which provide thousands of jobs to Tennesseans. With a median salary of $45,219 and a median home price of $142,100, Tennessee is a fantastic state to live in.

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