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Chief Executives Salary in Tennessee: Cost of Living Adjusted (2024)

What does a Chief Executives 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
$173,870
Median annual (2024)
+8.9%
Real Purchasing Power
$189,400
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 Chief Executives earning $173,870 in Tennessee has the equivalent purchasing power of $189,400 in an average-cost US state.

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

A Chief Executives in Tennessee earns $173,870 on paper, but low living costs mean your money goes 9% further — like earning $189,400 in an average-cost state. This makes Tennessee one of the best value states for this occupation.

Best States for Chief Executives (After Cost of Living)

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

$234,721
RPP 93.4
$229,487
RPP 89.8
$229,220
RPP 96.2
4. Ohio
$227,967
RPP 91.5
$226,533
RPP 92.3
6. Indiana
$224,161
RPP 91.8
7. Montana
$215,348
RPP 90.3
8. Georgia
$210,594
RPP 95.8
9. Hawaii
$208,935
RPP 110.8
$203,957
RPP 89.2

Tennessee ranks #20 out of 37 states for Chief Executives after cost-of-living adjustment.

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Frequently Asked Questions

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

A Chief Executives in Tennessee earns a median salary of $173,870 per year. After adjusting for Tennessee's cost of living (RPP=91.8), the real purchasing power is $189,400 — 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 Chief Executives in Tennessee: $173,870 x (100 / 91.8) = $189,400. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Chief Executives in Tennessee financially?

From a purchasing power perspective, yes. A Chief Executives 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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