Cost of Living in Nashville, TN
| Cost of Living in Nashville, TN | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 16% higher | 1% higher |
| Utilities (Monthly) | 10% higher | 2% lower |
| Food | 1% higher | 0% |
| Healthcare | 1% higher | 4% lower |
| Transportation | 2% higher | 9% lower |
| Goods & Services | 11% higher | 1% lower |
The cost of living in Nashville, TN is 9% higher than the state average and 1% lower than the national average. Nashville, TN housing is 1% more expensive than the U.S average, while utilities are about 2% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 0% in Nashville, TN than in the rest of the country, while clothing costs around 1% less .
Healthcare services such as doctor check-ups and dentistry cost 4% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 1% cheaper in Nashville, TN.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Nashville is $1,839, while home prices circle around $519,432.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Nashville, energy bills cost around $182.42 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.63 in Nashville, a dozen eggs go for around $3.32 and a pound of potatoes circles around $5.13.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Nashville, an optometry check-up costs around $114.45, while a dentist appointment is priced $110.37 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.08 in Nashville, while getting your tires balanced will run you about $54.00.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $32.66 here. Meanwhile, a pair of women's slacks will set you back around $27.55.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Nashville, you should budget around $15.07 a month. When it comes to personal services, a haircut usually goes for $28.90, while dry cleaning costs about $16.55.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Nashville, the median household income is $78,972.