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Accountant Salary in Tennessee: Cost of Living Adjusted (2024)

What does a Accountant salary really buy you in Tennessee?

Tennessee is 8.2% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$75,500
Median annual (2024)
+8.9%
Real Purchasing Power
$82,244
COL-adjusted (RPP=91.8)

Tennessee Cost of Living Index

Tennessee's Regional Price Parity (RPP) is 91.8, meaning prices are 8.2% lower the national average. A Accountant earning $75,500 in Tennessee has the equivalent purchasing power of $82,244 in an average-cost US state.

TN: 91.8
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Tennessee's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $50,400 $54,901 +$4,501
25th Percentile (P25) $61,960 $67,494 +$5,534
Median (P50) $75,500 $82,244 +$6,744
75th Percentile (P75) $92,140 $100,370 +$8,230
90th Percentile (P90) $125,280 $136,470 +$11,190
Key Insight

A Accountant in Tennessee earns $75,500 on paper, but low living costs mean your money goes 9% further — like earning $82,244 in an average-cost state. This makes Tennessee one of the best value states for this occupation.

Best States for Accountant (After Cost of Living)

Where does Accountant salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$94,591
RPP 107.6
$93,143
RPP 108.8
$88,281
RPP 109.4
$88,005
RPP 102.3
$87,852
RPP 88.0
$87,595
RPP 109.8
$86,509
RPP 88.8
$86,285
RPP 98.0
$85,998
RPP 104.7
$85,653
RPP 112.5

Tennessee ranks #26 out of 50 states for Accountant after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Accountant in Tennessee after cost of living?

A Accountant in Tennessee earns a median salary of $75,500 per year. After adjusting for Tennessee's cost of living (RPP=91.8), the real purchasing power is $82,244 — a +8.9% difference.

Is Tennessee expensive to live in?

Tennessee's cost of living is 8.2% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Tennessee is 91.8 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Accountant in Tennessee: $75,500 x (100 / 91.8) = $82,244. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Accountant in Tennessee financially?

From a purchasing power perspective, yes. A Accountant in Tennessee enjoys 8.9% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.

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