Cost of Living: Nashville, TN vs New York, NY

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Nashville, TN versus $4,116/mo in New York, NY. In the model, rent is about 21.65% of gross in Nashville, TN versus 25.92% in New York, NY, so Nashville, TN tends to feel more affordable for rent.

Take-home in Nashville, TN
$4,516/mo
Income level: near
Take-home in New York, NY
$4,116/mo
Income level: below
Rent share (1BR) in Nashville, TN
21.65%
COLI tier: mid-range
Rent share (1BR) in New York, NY
25.92%
COLI tier: very high-cost

Compare cost of living, rent, housing prices, and salary affordability between Nashville, TN and New York, NY.

At a glance

  • Cheaper overall (lower cost-of-living index): Nashville, TN
  • Lower rent (median 1BR/2BR): Nashville, TN
  • Lower home prices: Nashville, TN
  • Higher median household income: New York, NY

Cost of Living Index

Nashville, TN: 98.5 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)

Nashville, TN has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.

Median Rent

Nashville, TN: $1,412/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo

Median rent in New York, NY is $278/mo higher than in Nashville, TN.

Median Home Price

Nashville, TN: $383,100 · New York, NY: $751,700

Median home price in New York, NY is $368,600 higher than in Nashville, TN.

Median Household Income

Nashville, TN: $75,197 · New York, NY: $79,713

New York, NY has a higher median household income than Nashville, TN by $4,516.

Nashville, TN overview · New York, NY overview · Popular comparisons