Nashville, Tennessee gets a BestPlaces Cost of Living index of 104.7, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 4.7 percent higher than the U.S. average and 16.5 percent higher than the average for Tennessee.
A typical home costs $413,200, which is 22.2 percent more expensive than the national average of $338,100 and 49.0 percent more expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Nashville costs $1,480 per month, which is 3.5 percent more than the national average of $1,430 and 27.7 percent more than the state average of $1,070.
To live comfortably in Nashville, Tennessee, a minimum annual income of $79,200 for a family, and $52,400 for a single person is recommended.
Our cost of living indices are based on a US average of 100. An amount below 100 means Nashville is cheaper than the US average. A cost of living index above 100 means Nashville, Tennessee is more expensive.
Nashville cost of living is 104.7