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Economics Teachers, Postsecondary Salary in Tennessee: Cost of Living Adjusted (2024)

What does a Economics Teachers, Postsecondary 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
$104,760
Median annual (2024)
+8.9%
Real Purchasing Power
$114,117
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 Economics Teachers, Postsecondary earning $104,760 in Tennessee has the equivalent purchasing power of $114,117 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) $61,670 $67,178 +$5,508
25th Percentile (P25) $74,870 $81,557 +$6,687
Median (P50) $104,760 $114,117 +$9,357
75th Percentile (P75) $140,180 $152,701 +$12,521
90th Percentile (P90) $165,470 $180,250 +$14,780
Key Insight

A Economics Teachers, Postsecondary in Tennessee earns $104,760 on paper, but low living costs mean your money goes 9% further — like earning $114,117 in an average-cost state. This makes Tennessee one of the best value states for this occupation.

Best States for Economics Teachers, Postsecondary (After Cost of Living)

Where does Economics Teachers, Postsecondary salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$143,903
RPP 107.6
$132,591
RPP 93.4
3. Alabama
$132,334
RPP 87.8
4. Arizona
$131,841
RPP 99.9
$128,411
RPP 106.4
$124,981
RPP 107.6
$124,799
RPP 102.1
$124,750
RPP 96.2
9. Texas
$124,728
RPP 97.5
10. Illinois
$123,622
RPP 101.3

Tennessee ranks #22 out of 39 states for Economics Teachers, Postsecondary after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Economics Teachers, Postsecondary in Tennessee after cost of living?

A Economics Teachers, Postsecondary in Tennessee earns a median salary of $104,760 per year. After adjusting for Tennessee's cost of living (RPP=91.8), the real purchasing power is $114,117 — 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 Economics Teachers, Postsecondary in Tennessee: $104,760 x (100 / 91.8) = $114,117. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Economics Teachers, Postsecondary in Tennessee financially?

From a purchasing power perspective, yes. A Economics Teachers, Postsecondary 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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