Moving from Nevada to Tennessee can be a good idea from a financial viewpoint. Unfortunately, the two states are so far apart that the relocation itself can represent a serious challenge. Luckily, with Verified Movers and our helpful guide, you can find yourself living in Tennessee faster than you think. Here are the things that you need to consider before you actually start organizing the move.
Living in Tennessee can be cheaper than living in Nevada, but it doesn’t have to be
There are more than 2,000 miles between the two states. And you cannot go on such a long move before you study all the details and make sure that this is actually a good thing for you. Of course, the most important thing in this day and age is finance. So is moving from Nevada to Tennessee financially viable? According to the latest data it is. Living in Tennessee is 9.4% cheaper than living in Nevada. But don’t start searching for top movers in Las Vegas just yet.
If we compare Las Vegas and Nashville, for instance, we see that living in Nashville is 25% more expensive than living in Las Vegas. So relocating to Tennessee from Nevada can be a good choice when we look at finance. But only if you choose the right place to move to in Tennessee, like Memphis, for example, which is 9% cheaper than Las Vegas. Let’s, therefore, take a look at the data more closely.
Eating in Nevada costs more than eating in Tennessee. But only if you move to Memphis
When we look at average food prices in Nevada and Tennessee, we see that eating in restaurants is more expensive in Nevada. For example, eating in an inexpensive restaurant in Nevada will cost you around $17.00. In Tennessee, the same meal with a drink will cost you around $14.15. And we similar thing if we compare Las Vegas with Nashville or Memphis. Both cities are cheaper in that regard than Las Vegas. If we look at grocery prices, again, Nevada is more expensive. 12.5% more expensive to be exact.
If you are moving from Las Vegas to Memphis, you will pay 4.6% less for groceries. But if you are moving to Nashville, groceries will be 25% more expensive than in Las Vegas. So if you are planning to relocate to Tennessee, tell your interstate moving companies Nevada to take you to Memphis. If you choose Nashville, your basic living costs will dramatically increase.
Gasoline prices are lower in Tennessee
One thing that you will pay less for, no matter what city in Tennessee you choose, is transportation. Right now, the average price of regular gasoline in Nevada is $4.94. In Tennessee, it is $3.50. Unfortunately, this also means that you will have to pay more for movers in Nevada than you would if you had an opportunity to hire some of the best cross country movers Tennessee has to offer. Nevertheless, it is one thing that you will have to deal with for now. Once you get to Tennessee, you can enjoy cheaper gas. Or if you are using public transportation, cheaper monthly passes. For example, a monthly public transit pass in Nevada is usually around $55. After moving to Tennessee you will pay around $51.60.
Housing costs in Nevada and Tennessee
Now, let’s take a look at median home prices and rents, which is one of the most important and decisive factors when people plan to move to a different state. The median home value in Las Vegas, according to data from June 2022 is $450,000 – a 25% increase compared to last year. In Tennessee, the median home value in May 2022 was around $299,500. Even in Nashville, homes are cheaper than in Las Vegas. The median home value here was $415,000.
Utilities for a 700 sq ft apartment in Nevada are somewhere around $136.89. In Tennessee, you will pay for electricity, gas, water, and heating around 1,6% less – around $134.67. Not a big difference, however, when we include internet connection the difference becomes more noticeable. In Nevada, you will pay for an internet connection of 50mps or faster around $86.11. While in Tennessee it will cost you no more than $72.
If you are moving from Nevada to Tennessee with preschool kids, your expenses will rise
When it comes to childcare, it all depends on the age of your kids. In Nevada, you will pay more than 30% less for a preschool child than in Tennessee. However, if you are relocating to Tennessee from Nevada with a middle school kid, your expenses will be 11% lower. So, you can wait with this move until your kids grow older, or you will have to deal with increased expenses. At least, you are making savings on other things like food or transportation.
Make sure that you find the right movers for the job
As you can see, there is some logic in moving from Nevada to Tennessee. But only if you make the right choices. If you made a decision to move then you will have to prepare right and make sure that you find a good moving company to help you. Because, you know, crossing more than 2,000 miles on your own is not an easy feat. And it can be risky as well. So, find the right movers, if possible those that do auto transport, and let them help you relocate your home to the state of Tennessee without stressing yourself too much. Good luck.