Housing costs in Nashville?
A typical home costs
$865,600, which is 156.0% more expensive than the national average of
$338,100 and 212.0% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Nashville costs
$1,740 per month, which is 62.6% more than the national average of
$1,070 and 20.7% more than the state average of
$1,380.
Can I afford Nashville?
To live comfortably in Nashville (zip 37204), Tennessee, a minimum annual income of
$165,960 for a family, and
$61,600 for a single person is recommended.
What does A.I. say about Nashville?
The cost of living in 37204 Nashville, TN is relatively high compared to other parts of the country. The median household income in 37204 is approximately $64,000, while the median home value is around $289,000. Renters in the area pay an average of about $1,200 a month for a one-bedroom apartment. Groceries are slightly more expensive than the national average as well. Living expenses such as utilities, transportation, and healthcare tend to be higher than average due to the local prices and taxes associated with these services. Despite the higher costs of living, many people find that they can live comfortably within their budget in this part of Nashville.