If you’re considering a move from California to Tennessee, you’re not alone. In recent years, many people have made the same decision for a variety of reasons. Here are just a few of the reasons why you should consider making the move to Tennessee.
While California has its fair share of culture, it can be expensive and difficult to enjoy. If you’re looking for an easier and more affordable way to enjoy arts and entertainment, Tennessee is the place for you. From world-renowned museums to country music festivals, there’s something for everyone in Tennessee.
Here are some more reasons to consider if you’re planning on making the big move from Tennessee to California.
The Cost of Living is More Affordable
One of the biggest reasons why people move from California to Tennessee is because the cost of living is more affordable. In fact, according to CNBC, the cost of living in Tennessee is nearly 20% lower than in California. This means that your money will go further in Tennessee, leaving you with more money to save or spend as you see fit. Additionally, housing costs in Tennessee are also significantly lower than in California. So, if you’re looking for a more affordable place to live, Tennessee is definitely worth considering.
One of the biggest drivers of the cost of living is housing costs. In California, the median home price is about $600,000, while in Tennessee it’s around $300,000, according to Zillow. This difference is due largely to differences in land costs and building costs between the two states. For example, construction costs are typically higher in California than in Tennessee due to stricter building codes and regulations.
Another significant factor in the cost of living is transportation costs. In California, residents spend an average of $1,715 per year on transportation, while in Tennessee they spend $1,409 per year, according to CNBC. This difference is due largely to the fact that Californians drive more miles per year on average than Tennesseans. Additionally, gas prices are typically higher in California than they are in Tennessee.
Utilities can also add significantly to the cost of living. In California, residents spend an average of $147 per month on utilities, while in Tennessee they spend $114 per month, according to CNBC. The main reason for this difference is that electricity rates are typically higher in California than they are in Tennessee.
When considering a move from California to Tennessee, it’s important to keep in mind that the cost of living will be lower in Tennessee than it is in California. This difference can be attributed largely to differences in housing costs and transportation costs between the two states. However, there are other factors that also contribute to the cost of living differences between these two states.
The Weather is More mild
If you’re tired of extreme weather conditions, then you’ll be happy to know that the weather in Tennessee is much more mild than in California. While Californians have to deal with everything from droughts to wildfires, Tennesseans enjoy a more moderate climate with four distinct seasons. The average temperature in Tennessee is around 70 degrees, with the warmest months being July and August. However, even during these months, the temperature rarely surpasses 90 degrees. The winters in Tennessee are also relatively mild, with the average temperature in January being around 45 degrees. Of course, there will be days when the temperature dips below freezing, but overall, you can expect relatively mild weather if you live in Tennessee. So, if you’re looking for a place where you can enjoy all four seasons without having to worry about extreme weather conditions, then Tennessee is definitely the place for you.
There’s No State Income Tax
Another reason why people move from California to Tennessee is because there’s no state income tax in Tennessee. This means that you’ll be able to keep more of your hard-earned money instead of handing it over to the state government. So, if you’re looking for a place where you can keep more of your money, then moving to Tennessee is definitely something to consider.
So what does this mean for you? If you’re moving from a state with high taxes to one of these states with no personal income tax, you’re likely to see a decrease in your overall tax burden. That could free up some extra cash each month that you can use to cover other expenses or save for the future. On the other hand, if you’re moving from a low-tax state to one of these states with no personal income tax, your overall tax burden is likely to increase. That’s something you’ll need to factor into your budgeting and financial planning.
The take-away here is that state income taxes can have a big impact on your bottom line. Before you make a move, be sure to do your research and know how your taxes will be affected.
As you can see, there are plenty of good reasons why you should consider moving from California to Tennessee. From the more affordable cost of living to the milder weather and lack of state income tax, there are plenty of reasons why Tennesseans love living in their state. So, if you’re considering a move from California, be sure to give Tennessee some serious thought. You might just find that it’s everything you’ve been looking for in a new home.