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Real Estate Brokers Salary in Tennessee: Cost of Living Adjusted (2025)

Last updated: 2025 BLS data · Page refreshed:

What does a Real Estate Brokers salary really buy you in Tennessee?

Tennessee is 8.2% cheaper than the US average

Data: BLS OEWS 2025 + BEA Regional Price Parities 2022 • Updated 2026-05-19

Nominal Salary
$60,150
Median annual (2025)
+8.9%
Real Purchasing Power
$65,522
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 Real Estate Brokers earning $60,150 in Tennessee has the equivalent purchasing power of $65,522 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) $33,560 $36,557 +$2,997
25th Percentile (P25) $36,620 $39,891 +$3,271
Median (P50) $60,150 $65,522 +$5,372
75th Percentile (P75) $72,660 $79,150 +$6,490
90th Percentile (P90) $108,370 $118,050 +$9,680
Key Insight

A Real Estate Brokers in Tennessee earns $60,150 on paper, but low living costs mean your money goes 9% further — like earning $65,522 in an average-cost state. This makes Tennessee one of the best value states for this occupation.

What the Cost-of-Living Data Says

Tennessee Runs Well Below National Cost

RPP 91.8

Tennessee's Regional Price Parity (RPP) of 91.8 means a basket of goods and services costs about 8.2% less than the national average. For a Real Estate Brokers, every dollar earned effectively buys more here than in a 100-RPP state.

Meaningful Purchasing-Power Shift

+8.9%

After applying Tennessee's RPP, the $60,150 median salary translates to $65,523 in real terms — a 8.9% gain. That difference can cover several months of expenses over a year for a Real Estate Brokers.

Below-Median Adjusted Pay

#24 / 36

Tennessee's rank of #24 of 36 states means real purchasing power for Real Estate Brokers trails the national half-way line.

Best States for Real Estate Brokers (After Cost of Living)

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

$102,380
RPP 108.8
$99,436
RPP 106.4
3. Utah
$98,232
RPP 94.5
4. Alabama
$94,111
RPP 87.8
$88,340
RPP 93.4
$88,285
RPP 91.0
$85,219
RPP 86.6
$82,638
RPP 88.7
9. Indiana
$81,699
RPP 91.8
10. Colorado
$78,172
RPP 102.3

Tennessee ranks #24 out of 36 states for Real Estate Brokers after cost-of-living adjustment.

How much do you actually take home? See Real Estate Brokers take-home pay in Tennessee after taxes →

Frequently Asked Questions

What is the real salary for a Real Estate Brokers in Tennessee after cost of living?

A Real Estate Brokers in Tennessee earns a median salary of $60,150 per year. After adjusting for Tennessee's cost of living (RPP=91.8), the real purchasing power is $65,522 — 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 Real Estate Brokers in Tennessee: $60,150 x (100 / 91.8) = $65,522. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Real Estate Brokers in Tennessee financially?

From a purchasing power perspective, yes. A Real Estate Brokers 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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