Cost of Living: Nashville, TN vs Phoenix, AZ
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 $4,370/mo in Phoenix, AZ. In the model, rent is about 21.65% of gross in Nashville, TN versus 21.24% in Phoenix, AZ, so Phoenix, AZ tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Nashville, TN and Phoenix, AZ.
At a glance
- Cheaper overall (lower cost-of-living index): Nashville, TN
- Lower rent (median 1BR/2BR): Phoenix, AZ
- Lower home prices: Phoenix, AZ
- Higher median household income: Phoenix, AZ
Cost of Living Index
Nashville, TN: 98.5 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)
Nashville, TN has a lower cost-of-living index than Phoenix, AZ, so a given salary generally stretches further there.
Median Rent
Nashville, TN: $1,412/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo
Median rent in Nashville, TN is $27/mo higher than in Phoenix, AZ.
Median Home Price
Nashville, TN: $383,100 · Phoenix, AZ: $381,900
Median home price in Nashville, TN is $1,200 higher than in Phoenix, AZ.
Median Household Income
Nashville, TN: $75,197 · Phoenix, AZ: $77,041
Phoenix, AZ has a higher median household income than Nashville, TN by $1,844.
Nashville, TN overview · Phoenix, AZ overview · Popular comparisons