Housing costs in Nashville?
A typical home costs
$580,500, which is 71.7% more expensive than the national average of
$338,100 and 109.3% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Nashville costs
$1,380 per month, which is 29.0% more than the national average of
$1,070 and close to the state average of
$1,380.
Can I afford Nashville?
To live comfortably in Nashville (zip 37206), Tennessee, a minimum annual income of
$111,240 for a family, and
$49,200 for a single person is recommended.
What does A.I. say about Nashville?
The cost of living in 37206 Nashville, TN is relatively high compared to other locations. The median home value is $320,500, which is significantly higher than the national median of $218,000. Rent prices are also more expensive at a median of $1,287 for a one bedroom apartment. Additionally, the cost of groceries and utility bills are slightly higher than the national average. However, public transportation and entertainment options are accessible and affordable for many people living in this area.