Nashville

Nashville, Tennessee is a mid-size city with a population of approximately 687,788. The overall cost of living index sits at 108, which is above the national average of 100. This means everyday expenses — housing, groceries, transportation, and healthcare — are roughly 8% more expensive compared to the typical U.S. city.

Housing is the largest cost driver in Nashville. Median rent is $1,772 per month, while the median home price is $429,861. At a median household income of $75,197, rent consumes roughly 28% of gross income, which remains manageable relative to local incomes. The housing sub-index of 120 sits close to the national norm.

Beyond housing, healthcare is the most elevated non-shelter expense in Nashville with a sub-index of 111, while utilities is comparatively more affordable at 99. State-level taxes also shape the true cost of living: Tennessee applies a 0.00% income tax rate, and property tax averages 0.56% of assessed home value. The combined sales tax rate is 9.55%. Local income tax may apply in some municipalities.

Over the past twelve months, the cost of living in Nashville has remained relatively stable. Among the 6 tracked cities in Tennessee, Nashville ranks #6 from most to least affordable. Whether you're evaluating a job offer, planning a relocation, or comparing salary purchasing power, these numbers give a grounded, data-backed view of what life in Nashville actually costs.