Did the Cost of Living in Nashville, TN increase in 2024? Nashville, TN area prices were up 1.3% from a year ago. The largest increases were found in Transportation, Food, and Housing.
By using Salary.com's Cost of Living Calculator, you can make a cost of living comparison of the Consumer Price Index (CPI) and salary differentials of over 300+ US cities. Let us help you make an informed decision about what it will cost to live and work in the city of your dreams!
About Nashville, Tennessee Nashville is the capital and most populous city of the U.S. state of Tennessee. The city is the county seat of Davidson County and is located on the C....More
The federal minimum wage is $7.25 per hour while Tennessee's state law sets the minimum wage rate at $7.25 per hour in 2024.
Demands for a living wage that is fair to workers have resulted in numerous location-based changes to minimum wage levels.
View future changes in the minimum wage in your location by visiting
Minimum Wage Values in Nashville, TN
Based on this cost of living comparison, you can see:
If you move from Chicago IL, Dallas, TX, or Miami, FL, the percent increase of your cost of living could be 22.8%, 37.8%, and 24.8%.
Looks like this move could have a negative net change in disposable income, so please think carefully!
If you move from New York, NY, San Francisco, CA, or Washington, DC, the percent reduction of your cost of living could be -43.50%, -23%, and -20.10%,
that's good news to you that you could be looking at a positive net change in disposable income.
About Nashville, TN
Nashville is the capital and most populous city of the U.S. state of Tennessee. The city is the county seat of Davidson County and is located on the Cumberland River. The city's population ranks 24th in the U.S. According to 2017 estimates from the U.S. Census Bureau, the total consolidated city-county population stood at 691,243. The "balance" population, which excludes semi-independent municipalities within Davidson County, was 667,560 in 2017.
Located in northern Middle Tennessee, Nashville is the main core of the largest metropolitan area in Tennessee. The 2017 population of the entire 14-...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Comments about the Cost of Living in Nashville, TN
What stores are known for lower grocery prices?
Stores like Market Basket are known to offer low prices. Shopping there can considerably reduce cost of living, as the prices in grocery stores can vary a lot. (2024-11-21salary.com)
I love to go to sports events, what does Nashville, Tennessee have to offer?
I love hockey. In Nashville, Tennessee I go to a lot of Nashville Presdators games. The tickets are expensive and add to my entertainment expenses, increasing my cost of living, but it is worth it! It is so much fun to see my favorite team in person. (2024-11-21salary.com)
What is the cost of internet and cable TV in Nashville, TN?
The average cost of internet access in the U.S. is $66.20 per month. There are many providers and various packages that are offered, many that bundle internet, cable, and phone together. Pricing for various packages can vary a lot even in the same location. You should evaluate the options based on your usage and preferences and pick the best fit for your needs. One tip to reduce this cost and your overall cost of living, is to get cable service from another source like Direct TV, Netflix, Sling, Amazon Prime or others. (2024-11-21salary.com)
Are there any tips that will help make the move to Nashville, Tennessee easier for my child?
Make sure your child has a favorite toy, doll, game, clothing, blanket, snacks, etc. to take with them during the transition. Once you arrive, let your child help with arranging and decorating their new room. You may be tempted to unpack everything when you arrive, but make sure you take a break from unpacking to spend time playing and relaxing with your child. Plan on packing a special bag to take with you with those items that you will need first. Towels, soap, a few basic kitchen utensils and food items like crackers, tea, juice, will make your new location functional as soon as you arrive and fell more like home. A small new toy, book, or video that you give to your child when you arrive might help them to feel happy and relaxed in the new location. (2024-11-21salary.com)
Is the cost of electricity in Nashville, Tennessee expected to change in the future?
The cost of electricity in Tennessee has gone down by 1.28% in the past year. It is possible that electric rates may fluctuate depending on consumption rates, government regulations and even the weather. (2024-11-21salary.com)
What kind of child care is available in Nashville, Tennessee and what is the cost?
The estimated average annual cost for child care in Nashville, Tennessee (based on state average), is $5857. This cost is ranked NO. 46 nationally. Some employers have company provided day care centers that let you bring your child to work with you and receive care on site. Some colleges and universities with Childhood Education programs also may have day care centers available at reduced costs, so you should explore those possibilities to see if you can reduce your child care expense. (2024-11-21salary.com)
Should I plan on spending a lot on rent in Nashville,TN?
In Nashville,TN, my friend pays $1126 for a large 2 bedroom apartment. Since he has 2 children, he needs to have a large apartment. (2024-11-21salary.com)
Are there fun things to in Nashville, Tennessee that are free or don’t cost a lot?
Looks for areas of Nashville, Tennessee where there is a large student population. In those areas you will be sure to find lots of free or cheap events to go to and plenty of cheap places to eat. Familiarize yourself with the places where students hang out, and take advantage of discounted or bargain prices, you are sure to be able to keep your cost of living reasonable. Look at the website for Nashville, TN to find recommendations for activities that are available and unique to the area. (2024-11-21salary.com)
Will I have to pay a lot in taxes if I move to Nashville, Tennessee?
The sales tax for Nashville is 7%. This is the tax that you will pay on things that you buy. (2024-11-21salary.com)
I hate to drive in traffic, does Nashville have traffic problems?
Overall, the time and ease of your driving times will impact your cost of living, since driving in heavy and slow moving traffic uses a lot of gas. Nashville, Tennessee is considered one of the best cities to drive in. In fact, Nashville, Tennessee is ranked 18 out of 100 US cities for ease of driving. Driving here could make commutes shorter and inexpensive, since you won’t be wasting gas and time sitting a traffic all the time. (2024-11-21salary.com)
How long does it take to get to work in Nashville, Tennessee on average?
Getting to work is important. The weather, traffic, time of year, day of week and if there are accidents, can all impact your commute time. Hopefully you will have a smooth commute in Nashville, Tennessee, but be prepared for delays. The time you spend commuting is time you do not have to do other things, so it is valuable. The average time for commuting in Nashville is 35.71 minutes. (2024-11-21salary.com)
How much is a monthly pass for public transit in Nashville, Tennessee?
The cost of a monthly transit pass in Nashville, TN is around $84.00. Ask your employer if they offer discounted passes to save even more money and reduce your cost of commuting and overall Cost of Living (COL). (2024-11-21salary.com)
Cost of Living Frequently Asked Questions
What is a Cost of Living index and how is it used?
In the simplest terms, a Cost of Living index is the estimated amount that represents the cost of the basic necessities required for an individual to live. A cost of living or COL estimate may typically include estimates for housing, food, energy, medical care, transportation, taxes, and other necessities. A COL index may be used to measure what the cost difference would be for a person living in a certain location compared to another location. This cost of living comparison helps individuals make decisions about where they would like to live and what they can afford based on the costs in that location. A cost of living comparison can provide guidance about how an increase or decrease in these basic living expenses impacts necessary spending for an individual or a family.
(2024-11-21salary.com)
What factors are included in estimating your cost of living?
The Salary.com cost of living calculator estimate is based on data related to five general categories: housing, food, healthcare, transportation, and energy. These are the universally recognized core components of any cost of living estimate and represent those expenses that apply to everyone. Obviously, there may be other factors that could contribute to your particular cost of living situation and not everyone has the same spending habits. For example, education and/or childcare costs might not apply to everyone, but for those who have those expenses, they could be significant and should be considered when you evaluate your cost of living comparison.
(2024-11-21salary.com)
The Salary.com cost of living calculator is unique in that it also incorporates current salary data for thousands of jobs specific to a chosen home or work location to provide a more refined estimate of the cost of living variations. You can see how your job and your salary will be impacted by a change of location. If you live in one location but work in another, the cost of living calculator will make those adjustments to provide an accurate estimate of the change in COL. The Salary.com cost of living calculator helps you to make cost of living comparisons cost comparisons easily and quickly.
(2024-11-21salary.com)
Use our Salary Converter Tool, a user-friendly resource designed to see how much your salary will be if converted into hourly/weekly/biweekly/monthly/yearly pay. With just a few clicks, you can gain valuable insights into your earning potential, ensuring you make informed financial decisions.
Use our Salary Converter Tool, a user-friendly resource designed to see how much your salary will be if converted into hourly/weekly/biweekly/monthly/yearly pay. With just a few clicks, you can gain valuable insights into your earning potential, ensuring you make informed financial decisions.