Cost Of Living In Tennessee Vs Florida

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Cost of Living in Tennessee - Ramsey

Comparing the Cost of Living in Tennessee vs. Florida

As someone who has lived in both Tennessee and Florida, I can attest to the significant differences in the cost of living between the two states. In this blog post, I will delve into a comprehensive comparison of the key expenses that impact residents, including housing, transportation, healthcare, food, and entertainment.

Before diving into the details, it’s essential to note that the cost of living can vary within each state, with major cities like Nashville and Miami typically having higher costs than smaller towns. Nonetheless, the general cost of living trends presented here provide a valuable comparison between Tennessee and Florida.


Housing is often the most substantial expense in a household budget. In Tennessee, the median home price is approximately $250,000, which is significantly lower than Florida’s median home price of $350,000. This difference is particularly noticeable in major cities like Nashville and Miami, where home prices can soar to several million dollars.

Renters will also find more affordable options in Tennessee compared to Florida. The median rent for a two-bedroom apartment is around $1,200 in Tennessee, while in Florida, it is closer to $1,500. These disparities in housing costs make Tennessee a more budget-friendly option for those looking to purchase a home or rent an apartment.


Transportation costs, including car ownership, maintenance, and gas, are comparable in Tennessee and Florida. However, Tennessee has slightly lower gas prices on average. Public transportation is more developed in Florida, particularly in major cities like Miami and Orlando, which offers residents more affordable transportation options.

If you rely heavily on public transportation, Florida may have an edge over Tennessee in terms of convenience and cost-effectiveness. However, Tennessee’s lower gas prices may balance out the transportation expenses for those who primarily drive.


Healthcare costs can vary significantly depending on several factors, including health insurance coverage and individual health needs. In general, Tennessee has slightly lower healthcare costs than Florida. The average cost of a doctor’s visit is around $100 in Tennessee, compared to $120 in Florida.

Health insurance premiums are also generally more affordable in Tennessee. A family of four can expect to pay around $1,500 per month for health insurance in Tennessee, while in Florida, the cost can be closer to $2,000 per month. These differences in healthcare costs make Tennessee a more attractive option for those seeking affordable healthcare.


Food costs are relatively similar in Tennessee and Florida. The average grocery bill for a family of four is around $600 per month in both states. However, Tennessee may have a slight edge in terms of restaurant costs. A meal at a mid-range restaurant can cost around $25 in Tennessee, while in Florida, it may be closer to $30.

Overall, there is not a significant difference in food costs between the two states. Residents can expect to pay comparable prices for groceries and dining out.


Entertainment costs can vary depending on individual preferences. However, both Tennessee and Florida offer a range of entertainment options for residents. In major cities like Nashville and Miami, there are plenty of live music venues, theaters, and sporting events. Smaller towns may have more limited entertainment options but often host local festivals and community events.

In terms of cost, entertainment expenses can be slightly higher in Florida, particularly in tourist-heavy areas. For example, tickets to a Broadway show in Miami can be more expensive than in Nashville. However, there are many free or low-cost entertainment options available in both states, such as visiting parks, attending local events, and exploring historical landmarks.

Tips for Saving Money in Tennessee and Florida

Whether you choose to live in Tennessee or Florida, there are several ways to save money on essential expenses.

**Housing:** Consider renting before buying a home to save on upfront costs and build equity. If you must buy a home, shop around for competitive mortgage rates and explore down payment assistance programs.

Transportation: Carpool or use public transportation to reduce gas expenses. Consider purchasing a fuel-efficient vehicle or using a bike for short distances.

Healthcare: Enroll in a health insurance plan that meets your needs and budget. Explore generic prescription drugs, utilize free or low-cost clinics, and negotiate medical bills when possible.

Food: Cook meals at home instead of eating out frequently. Buy in bulk when possible and take advantage of coupons and discounts at grocery stores.

Entertainment: Seek out free or low-cost entertainment options, such as attending local events, visiting parks, or borrowing books from the library. Consider purchasing tickets to events during off-peak seasons or taking advantage of discounts and promotions.

FAQ on the Cost of Living in Tennessee vs. Florida

  • Q: Which state is cheaper to live in, Tennessee or Florida?
    A: Overall, Tennessee has a lower cost of living than Florida, particularly regarding housing and healthcare costs.
  • Q: Is it expensive to live in Nashville?
    A: Nashville has a higher cost of living than many other areas in Tennessee, especially in terms of housing and entertainment.
  • Q: What are the most significant expenses in Tennessee and Florida?
    A: Housing, transportation, healthcare, food, and entertainment are the primary expenses that impact residents in both states.
  • Q: Are there any tax benefits to living in Tennessee or Florida?
    A: Tennessee has no state income tax, while Florida has no state income tax or sales tax.


The cost of living in Tennessee and Florida varies depending on factors such as location, lifestyle, and individual needs. By carefully considering the key expenses outlined in this article, you can make informed decisions about which state is a better fit for your financial situation.

Whether you choose the affordability and charm of Tennessee or the sunshine and coastal allure of Florida, it is essential to research thoroughly to find a community that meets your needs and allows you to live comfortably within your means.

The Cost of Living in Tennessee in 2022 | Rent. Blog

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