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Petroleum Engineers Salary in Tennessee: Cost of Living Adjusted (2024)

What does a Petroleum Engineers 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
$164,240
Median annual (2024)
+8.9%
Real Purchasing Power
$178,910
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 Petroleum Engineers earning $164,240 in Tennessee has the equivalent purchasing power of $178,910 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) $107,740 $117,363 +$9,623
25th Percentile (P25) $107,740 $117,363 +$9,623
Median (P50) $164,240 $178,910 +$14,670
75th Percentile (P75) $184,520 $201,002 +$16,482
90th Percentile (P90) $186,880 $203,572 +$16,692
Key Insight

A Petroleum Engineers in Tennessee earns $164,240 on paper, but low living costs mean your money goes 9% further — like earning $178,910 in an average-cost state. This makes Tennessee one of the best value states for this occupation.

Best States for Petroleum Engineers (After Cost of Living)

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

1. Alaska
$196,813
RPP 102.0
$178,910
RPP 91.8
3. Utah
$176,275
RPP 94.5
4. Wyoming
$166,235
RPP 91.9
$163,773
RPP 102.3
$160,439
RPP 88.8
7. Texas
$157,128
RPP 97.5
$148,598
RPP 90.6
$146,662
RPP 88.7
10. Michigan
$140,524
RPP 93.4

Tennessee ranks #2 out of 23 states for Petroleum Engineers after cost-of-living adjustment.

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Frequently Asked Questions

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

A Petroleum Engineers in Tennessee earns a median salary of $164,240 per year. After adjusting for Tennessee's cost of living (RPP=91.8), the real purchasing power is $178,910 — 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 Petroleum Engineers in Tennessee: $164,240 x (100 / 91.8) = $178,910. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Petroleum Engineers in Tennessee financially?

From a purchasing power perspective, yes. A Petroleum Engineers 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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