Cost of Living / Nashville, TN Metro
Cost of Living in Nashville, TN Metro
Official metro name: Nashville-Davidson--Murfreesboro--Franklin, TN Metro Area
Nashville, TN Metro has a population of 1,990,873. Median household income is $79,020 and median rent is $1,346 per month. Rent is roughly 20.4% of median monthly income.
State: TNPopulation: 1,990,873Income: $79,020Rent: $1,346Affordability: Affordable (20.4%)
Median Household Income
$79,020
Annual (ACS median)
Median Rent
$1,346
Monthly (ACS median gross rent)
Rent as % of Income
20.4%
rent ÷ (income/12)
Cost Index
105
Simplified relative index
Is Nashville, TN Metro expensive?
Based on median rent and income, Nashville, TN Metro has a Affordable rent burden. Median rent is $1,346, which is about 20.4% of median monthly household income.
Average rent in Nashville, TN Metro
Median rent (ACS) is $1,346 per month. (Neighborhoods vary widely.)
How much income do you need in Nashville, TN Metro?
Median household income (ACS) is $79,020 per year. Housing costs take a bigger share of income when rent burden is high.
Other metros in TN
Compare Nashville, TN Metro with nearby metros:
- Nashville, TN Metro vs Memphis, TN Metro
- Nashville, TN Metro vs Knoxville, TN Metro
- Nashville, TN Metro vs Chattanooga, TN Metro
- Nashville, TN Metro vs Clarksville, TN Metro
- Nashville, TN Metro vs Kingsport–Bristol, TN Metro
- Nashville, TN Metro vs Johnson City, TN Metro
- Nashville, TN Metro vs Jackson, TN Metro
Data sources
- US Census Bureau American Community Survey (ACS).
- Affordability metric: median rent ÷ (median household income / 12).
- Figures are metro-level medians; local variation is expected.