Skyline of Nashville
Cost of Living: 100.5 694,144

Nashville, TN, US

Music City with live music everywhere, no state income tax, and booming healthcare.

Updated July 6, 2026
Cost of Living 100.5

Above Average vs US avg (100)

Housing Index 105.2

Above Average

Median Income $65,000

Household income

Unemployment 3.1%

Job market health

Nashville vs US Average

Cost of Living
Nashville: 100.5
US Avg: 100
Housing Index
Nashville: 105.2
US Avg: 100

Taxes

  • State Income Tax: None
  • Sales Tax: 9.2%

Economy & Jobs

  • Median Income: $65,000
  • Unemployment: 3.1%
  • Population: 694,144

Climate

  • Sunny Days: 208/year
  • Summer High: 89°F
  • Winter Low: 28°F

Housing

  • Median Home: $385,000
  • 1BR Rent: $1600/mo

Cost of Living

Nashville's cost of living index is 100.5 (US average = 100).

CategoryNashvilleNational AverageDifference
Overall100.5100+0.5%
Housing105.2100+5.2%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$385,000
Median Rent (1BR)$1600/mo
Median Rent (2BR)$2,000/mo
Price per Sq Ft$256

Data source: Zillow Research, May 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

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$90,000 down
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Utilities

Estimated monthly utility costs for a typical household in Nashville:

UtilityEstimated Monthly CostNotes
Electricity$105Based on ~900 kWh/month typical US household usage
Heating (Gas/Oil)$265Estimated based on local climate. Gas or electric
Water$45Includes sewer
Internet (100+ Mbps)$55Broadband average
Garbage / Trash$25Private service
Total Utilities$495Monthly estimate (including heating)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Best Neighborhoods

Downtown Nashville

The heart of the city with restaurants, shops, and entertainment. Average rent: $1,920/mo.

Nashville Heights

Trendy area with local businesses and a mix of historic and modern housing. Average rent: $1,760/mo.

East Nashville

Up-and-coming neighborhood with new developments and young professionals. Average rent: $1,440/mo.

West Nashville

Family-friendly area with parks and good schools. Average rent: $1,520/mo.

Remote Work Score

Nashville scores 119/100 for remote work readiness:

  • Internet Speed: Average 200 Mbps (Good)
  • Coworking Spaces: 15+ locations (Good)
  • Cost of Living: Good
  • Climate: 208 year (Good)
  • Quality of Life: Good

Climate

Nashville has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January48°F28°F2.5"
April74°F43°F2.8"
July89°F64°F1.5"
October69°F46°F2.2"

Taxes

  • State Income Tax: 0% (None)
  • Sales Tax: 9.25%
  • Property Tax: ~0.74% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.1%.

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Nashville, TN, US?

The cost of living index in Nashville is 100.5, which is Higher the US national average of 100.

How much does it cost to buy a home in Nashville?

The median home price in Nashville is $385,000. The housing index is 105.2.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Nashville is approximately $1600/mo.

Does Nashville, TN have income tax?

Nashville is in TN, which has no income tax.

What is the climate like in Nashville?

Nashville enjoys approximately 208 sunny days per year. Summer highs reach around <no value>°F,89°F, while winter lows can drop to around <no value>°F.28°F.

Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024

Data last updated: July 6, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.