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Nashville-Davidson--Murfreesboro--Franklin, TN

Cost of living in Nashville, Tennessee

Davidson County, TN

Part of the Nashville Metro Area

Estimated monthly cost
$3,534/mo
for a single person, all categories combined

Population 709,846 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $1,650 47%
Federal tax $591 17%
Healthcare $480 14%
Groceries $317 9%
Transport $250 7%
Energy $191 5%
Water $55 2%
State tax $0 0%

Rent in Nashville

Fair Market Rents by bedroom count.

Studio
$1,589
per month
1 bedroom
$1,650
per month
2 bedroom
$1,827
per month
3 bedroom
$2,308
per month
4 bedroom
$2,840
per month

Source: HUD FMR FY2025

Income and earnings in Nashville

Annual earnings figures from the Census ACS.

Household income
$75,664
per year
Individual earnings
$46,205
per year
Per capita
$48,394
per year

Source: ACS 2019-2023 5-Year.

Home values in Nashville

Average values reported by homeowners.

Average home value
$386,600
Annual property tax
$2,390

Source: ACS 2019-2023 5-Year

Energy costs in Nashville

Estimated monthly electricity and gas costs.

Electricity
$147
per month · 13.4¢/kWh
Natural gas
$44
per month
Annual total
$2,292
per year

Source: EIA

Healthcare in Nashville

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
12.3%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Nashville

State and local tax rates for Tennessee.

No state income tax
Tennessee does not levy a personal income tax.
State sales tax
7.0%
Combined sales tax
9.6%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Nashville

Commute patterns and estimated costs.

Average commute
24.8 min
Drive alone
68.3%
Public transit
1.6%
Work from home
18.3%

Source: ACS

Monthly cost estimates for Nashville

What it costs to live in Nashville each month.

Single person
$3,534
per month
  • Rent $1,650
  • Energy $191
  • Water $55
  • Groceries $317
  • Transport $250
  • Healthcare $480
  • Federal tax $591
  • State tax $0
Couple
$4,768
per month
  • Rent $1,827
  • Energy $229
  • Water $65
  • Groceries $525
  • Transport $350
  • Healthcare $864
  • Federal tax $908
  • State tax $0
Family
$7,374
per month
  • Rent $2,308
  • Energy $286
  • Water $75
  • Groceries $797
  • Transport $450
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $908
  • State tax $0

Frequently asked questions about Nashville

Common questions about cost of living, rent and salary.

What is the average rent in Nashville?

In Nashville, Tennessee, a one-bedroom apartment averages $1,650 per month, a two-bedroom averages $1,827 per month, a three-bedroom averages $2,308 per month, according to HUD Fair Market Rent data.

What is the average salary in Nashville?

In Nashville, Tennessee, the average household income is $75,664 per year and individual earnings for full-time workers average $46,205 per year, according to U.S. Census Bureau data.

What is the cost of living in Nashville?

The estimated cost of living in Nashville, Tennessee is approximately $3,534 per month for a single person, $4,768 for a couple, $7,374 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Nashville?

The combined sales tax rate in Nashville, Tennessee is 9.55%, which includes the Tennessee state rate of 7.00% plus an average local rate of 2.55%.

Is Nashville an affordable place to live?

Based on the data, a single person in Nashville, Tennessee would need approximately $3,534 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $75,664 per year ($6,305 per month). Nashville has a moderate cost of living relative to local earnings.

How much does healthcare cost in Nashville?

The ACA marketplace benchmark premium in Nashville, Tennessee is approximately $480 per month for an individual. Approximately 12.3% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Nashville?

The average home value in Nashville, Tennessee is $386,600, with average annual property taxes of $2,390, according to U.S. Census Bureau data.

How does Nashville compare to other areas?

You can compare Nashville, Tennessee with any other US county using our comparison tool at /compare. Nashville is in the Nashville-Davidson--Murfreesboro--Franklin, TN metro area.

Other counties in Tennessee

Browse the full list of counties in Tennessee, ranked by cost of living.

See all counties in Tennessee

Compare Nashville with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources