Median one-bedroom rent across the cities we track is $1,142 in Tennessee versus $824 in Wyoming. Overall, Wyoming runs roughly 28% cheaper on rent than Tennessee, its main day-to-day cost driver.
Median household income across tracked cities is $63,204 in Tennessee and $77,176 in Wyoming — about 18% higher in Wyoming. Tennessee has no state income tax and a 7% state sales tax; Wyoming has no state income tax and a 4% state sales tax.
State Taxes
Sales Tax
7%
4%
+3.0 pp in Tennessee
Income Tax (top rate)
None
None
about equal
Housing (median across tracked cities)
Median 1BR Rent
$1,142
$824
+28% in Tennessee
Median Home Value
$270,100
$311,200
+15% in Wyoming
Income (median across tracked cities)
Median Household Income
$63,204
$77,176
+22% in Wyoming
Climate (median across tracked cities)
Avg Annual Temperature
61.3°F
46.5°F
+14.8°F in Tennessee
Tennessee vs Wyoming — FAQ
- Is it cheaper to live in Tennessee or Wyoming?
- Wyoming is cheaper on rent — its median one-bedroom of $824 runs about 28% below Tennessee's $1,142, based on the cities we track in each state.
- How much more do you need to earn to live in Tennessee than in Wyoming?
- To keep rent near the recommended 30% of gross income, based on median rent across tracked cities, you'd want to earn roughly $46,000 a year in Tennessee versus $33,000 in Wyoming.
- Which has lower taxes, Tennessee or Wyoming?
- Tennessee has no state income tax and a 7% state sales tax. Wyoming has no state income tax and a 4% state sales tax.
Housing, income, and climate are medians across the 2/1 cities we track in Tennessee/Wyoming — not population-weighted statewide figures. Taxes are exact state-level rates. Sources: US Census Bureau, ACS 5-Year; NOAA Climate Normals 1981–2010; Tax Foundation 2026.