This Is The Cheapest Place To Live In Tennessee

By Sarah Tate

October 1, 2021

Photo: Getty Images

Tennessee is known for its rolling green hills, stunning views and legendary country music, but now it is being recognized for its growing economy, cost of living and having some of the most affordable places to live in the country.

HomeSnacks gathered data like cost of living, average price of homes and median income to determine the most affordable cities in each state, including Tennessee.

"Tennessee's strong economy, gold star housing prices, and average cost of living make its cities very desirable. So one can imagine how difficult it was for us to narrow down the cities in Tennessee that won't break your bank; but also, don't scream Dollar Store cheap."

So where is the cheapest place to live in Tennessee?

Milan

According to HomeSnacks, this small town about halfway between Nashville and Memphis is the most affordable place to live in the entire state. The average income is $43,509 while the median rent is $678 and the median home value is $106,000. Milan's overall cost of living is 0.8x lower than the national average.

These are the Top 10 most affordable cities in Tennessee:

  1. Milan
  2. Lewisburg
  3. Manchester
  4. Munford
  5. Dunlap
  6. Portland
  7. Henderson
  8. Rockwood
  9. Atoka
  10. Dyersburg

Check here to see the full list.

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