Nashville, MN is an appealing place to live due to its affordable costs of living. The average two-bedroom rent rate in Nashville is $870 whereas the average in the US is $1,430. Furthermore, the cost of groceries in Nashville is 93 compared to 100 on a national scale. In addition to these savings, Nashville offers plenty of local attractions and amenities for its citizens. The city houses several nationally recognized companies such as Ford Motor Company, Kraft Heinz Company, and Carrier Corporation that provide excellent career opportunities for its residents. Those who call Nashville home enjoy access to quality outdoor venues like Warner Park and Edwin Warner Park with plenty of hiking trails and scenic views, as well as state-of-the art entertainment venues like Bridgestone Arena and Grand Ole Opry House providing plenty of options for leisure activities. All these advantages make Nashville an ideal place for anyone looking for a great quality life at an affordable price.
Nashville has an unemployment rate of 4.3%. The US average is 6.0%.
Nashville has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Nashville
- The Sales Tax Rate for Nashville is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Nashville is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Nashville
- The average income of a Nashville resident is $29,715 a year. The US average is $28,555 a year.
- The Median household income of a Nashville resident is $65,694 a year. The US average is $69,021 a year.