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Tennessee vs Wyoming Cost of Living

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vs

Purchasing power

Your $75,000 is worth different amounts in each state

$83,241

in Tennessee

$79,281

in Wyoming

Tennessee
Wyoming

Each cell = 1% of purchasing power. Green = value, red = gap.

Spending breakdown

Estimated annual spending on a $75,000 salary

Housing: $20,394 (27.2%)Groceries: $9,438 (12.6%)Utilities: $4,625 (6.2%)Transportation: $10,644 (14.2%)Healthcare: $5,184 (6.9%)Dining & Misc: $7,148 (9.5%)Savings: $9,750 (13.0%)Discretionary: $7,817 (10.4%)Tennessee$83,241Tennessee
Housing: $21,557 (28.7%)Groceries: $9,731 (13.0%)Utilities: $5,103 (6.8%)Transportation: $11,028 (14.7%)Healthcare: $5,940 (7.9%)Dining & Misc: $7,373 (9.8%)Savings: $9,750 (13.0%)Discretionary: $4,518 (6.0%)Wyoming$79,281Wyoming
Housing
Groceries
Utilities
Transportation
Healthcare
Dining & Misc
Savings
Discretionary

What things actually cost

Real dollar costs side by side

Housing
Median home$310,000vs$305,000
Tennessee
2% more
Wyoming
Avg 2BR rent$1,154/movs$1,219/mo
Tennessee
Wyoming
6% more
Groceries
Index
Tennessee
Wyoming
3% more
Transportation
Regular gas$3.14/galvs$3.20/gal
Tennessee
Wyoming
2% more
Utilities
Electric bill$97/movs$81/mo
Tennessee
19% more
Wyoming
Healthcare
Index
Tennessee
Wyoming
15% more
Childcare
Infant childcare$12,249/yrvs$9,327/yr
Tennessee
31% more
Wyoming

Category breakdown

Category Tennessee Wyoming Difference
Housing 82.4 87.1 -5%
Groceries 96.8 99.8 -3%
Utilities 88.1 97.2 -9%
Transportation 88.7 91.9 -3%
Healthcare 86.4 99.0 -13%
Dining & Misc 95.3 98.3 -3%
Overall 90.1 94.6 -5%

Index values relative to national average (100). Positive difference = more expensive in Tennessee.

What things actually cost

Item Tennessee Wyoming Difference
Median home price $310,000 $305,000 +$5,000
Average 2BR rent $1,154/mo $1,219/mo $65
Gas price $3.14/gal $3.20/gal $0.06
Electric bill $97/mo $81/mo +$16
Infant childcare $12,249/yr $9,327/yr +$2,922

Salary equivalent: Tennessee → Wyoming

What a Tennessee salary buys you in Wyoming, adjusted for cost of living.

Salary in Tennessee Equivalent in Wyoming Difference
$50,000 $52,497 $-2,497
$75,000 $78,746 $-3,746
$100,000 $104,994 $-4,994
$150,000 $157,492 $-7,492
$200,000 $209,989 $-9,989

Positive = your money goes further in Wyoming. Based on overall COL index ratio.

Based on MERIC/C2ER 2025 composite indices. Dollar amounts from AAA, EIA, Zillow, and Child Care Aware.

Overview

Wyoming is 5% more expensive than Tennessee overall. Wyoming has an index of 94.6 vs 90.1 for Tennessee (national average = 100).

FAQ

Is it cheaper to live in Tennessee or Wyoming?

Tennessee is cheaper to live in. Wyoming is 5% more expensive overall. The biggest driver is housing — median home prices are $310,000 in Tennessee vs $305,000 in Wyoming.

Is Tennessee cheaper than Wyoming?

Yes, Tennessee is 5% cheaper than Wyoming overall based on the MERIC/C2ER cost-of-living index. Housing, groceries, and utilities all factor into the difference.

Is Wyoming more expensive than Tennessee?

Yes, Wyoming is 5% more expensive than Tennessee based on the MERIC/C2ER composite index. Housing is typically the largest factor in the difference.

What salary in Wyoming equals $100,000 in Tennessee?

To maintain the same purchasing power as a $100,000 salary in Tennessee, you would need approximately $104,994 in Wyoming. This is based on the overall cost-of-living index (90.1 vs 94.6).

How do housing costs compare between Tennessee and Wyoming?

Housing is cheaper in Wyoming. Median home prices are $310,000 in Tennessee vs $305,000 in Wyoming — a $5,000 difference. Average 2-bedroom rent is $1,154/mo vs $1,219/mo.

What costs more in Tennessee vs Wyoming?

Healthcare is 13% lower in Tennessee (index 86.4 vs 99). Utilities is 9% lower in Tennessee (index 88.1 vs 97.2). Housing is 5% lower in Tennessee (index 82.4 vs 87.1).

Is gas cheaper in Tennessee or Wyoming?

Gas averages $3.14/gallon in Tennessee and $3.20/gallon in Wyoming — a $0.06 difference per gallon.

Tennessee vs Wyoming cost of living — how do they compare?

Tennessee has an overall cost-of-living index of 90.1 and Wyoming has 94.6 (national average = 100). Wyoming is 5% more expensive overall. Use the calculator above to see how this affects your specific salary.

How do taxes compare between Tennessee and Wyoming?

Cost of living is only part of the picture — state income taxes also affect your take-home pay. Tennessee has no state income tax on wages. It fully repealed its tax on investment income in 2021. Wyoming has no state income tax and no corporate income tax. It relies on mineral extraction taxes. Use the Tennessee vs Wyoming paycheck comparison to see how a specific salary compares after federal and state taxes, FICA, and deductions.

Do I need to file state tax returns in Tennessee and Wyoming?

Tennessee has no state income tax, so residents do not file a state tax return. Wyoming has no state income tax, so residents do not file a state tax return. If you move between states mid-year, you typically file a part-year resident return in each state for the income earned while living there.

Where does this cost of living data come from?

Cost-of-living indices are from the MERIC/C2ER 2025 Annual Average. Dollar amounts use AAA gas prices (March 2025), EIA electricity rates (2024), Child Care Aware childcare costs (2024), Zillow home values (2024-2025), and BEA Regional Price Parities.

Related tools

Based on MERIC/C2ER 2025 composite indices and publicly available price data. Cost of living varies significantly by metro area within a state. These are statewide averages.