Nashville-Davidson metropolitan government (balance), TN Relocation Guide (2026)
Cost of living, housing, and income data for Nashville-Davidson metropolitan government (balance), sourced from the US Census Bureau.
Salary needed to live in Nashville-Davidson metropolitan government (balance) →
Source: US Census Bureau ACS 5-Year (2022). Last updated July 2026.
Nashville-Davidson metropolitan government (balance), Tennessee has a population of about 684,103. Typical household income is $71,328 per year, roughly in line with the median across the cities in our dataset (-1%).
Nashville-Davidson metropolitan government (balance)'s housing market shows a median home value of $351,400, roughly in line with the multi-city benchmark (+8%), alongside median rent of $1,392 per month. Both figures matter for anyone weighing a move here.
Home values run about 4.9× median income in Nashville-Davidson metropolitan government (balance), putting it squarely in the balanced range among the cities we cover. Prices in the area have gained 1.01% year over year, a moderate pace that suggests a stable market around Nashville-Davidson metropolitan government (balance). Climate and natural-hazard risk in Nashville-Davidson metropolitan government (balance) runs on the higher side, per FEMA's Relatively High rating — insurance premiums often track this closely.
Personal Affordability Check
Renting at $1,392/mo in Nashville-Davidson metropolitan government (balance) would take 23.4% of your income.
$391/mo under the 30% guideline.
Buying the median home ($351,400) would take 31.6% of your income toward principal & interest.
$212/mo over the 28% guideline.
Cost of housing in Nashville-Davidson metropolitan government (balance)
Median home value is $351,400 and median gross rent is $1,392/month. For buyers, monthly costs depend heavily on current mortgage rates — worth checking before you commit.
FHFA's county-level home price index for Davidson rose 1.01% over the past year (as of 2025).
HUD's FY 2026 Fair Market Rent for a 2-bedroom unit in the surrounding county is $1,730/month.
Climate & home insurance
FEMA rates Nashville-Davidson metropolitan government (balance)'s overall natural-hazard risk as Relatively High. Risk level is a major driver of home insurance premiums.
Moving to Nashville-Davidson metropolitan government (balance)
Planning a move to Nashville-Davidson metropolitan government (balance)? Compare licensed movers and get quotes based on your origin and move date.
Cost estimates for moving between Nashville-Davidson metropolitan government (balance) and nearby popular destinations:
- Moving from Nashville-Davidson metropolitan government (balance) to Austin
- Moving from Nashville-Davidson metropolitan government (balance) to Atlanta
- Moving from Nashville-Davidson metropolitan government (balance) to Memphis
- Moving from Nashville-Davidson metropolitan government (balance) to Chicago
- Moving from Nashville-Davidson metropolitan government (balance) to Detroit
- Moving from Nashville-Davidson metropolitan government (balance) to Minneapolis
Frequently asked questions
- What is the cost of living in Nashville-Davidson metropolitan government (balance), TN?
- Nashville-Davidson metropolitan government (balance)'s key cost-of-living figures: $351,400 median home value, $1,392 median monthly rent, and $71,328 median household income, per the US Census Bureau ACS 5-Year (2022).
- How much do you need to earn to live comfortably in Nashville-Davidson metropolitan government (balance)?
- Nashville-Davidson metropolitan government (balance)'s median rent of $1,392/month works out to roughly $55,680 in annual income needed, if you're budgeting the standard 30% of gross pay toward rent. See the full salary breakdown (renting and buying) for Nashville-Davidson metropolitan government (balance).
- Is it better to rent or buy in Nashville-Davidson metropolitan government (balance)?
- Renting in Nashville-Davidson metropolitan government (balance) at the median $1,392/month calls for about $55,680 a year under the standard 30% guideline; buying the median home at $351,400 takes roughly $80,399 a year in principal and interest (20% down, 30-year fixed, current rates). Timeline and down payment usually decide which makes more sense.
See the full salary breakdown for Nashville-Davidson metropolitan government (balance) →
Compare Nashville-Davidson metropolitan government (balance) to similar cities
- Nashville vs Austin: Cost of Living & Housing Comparison
- Nashville vs Atlanta: Cost of Living & Housing Comparison
- Nashville vs Memphis: Cost of Living & Housing Comparison
- Chicago vs Nashville: Cost of Living & Housing Comparison
- Detroit vs Nashville: Cost of Living & Housing Comparison
- Minneapolis vs Nashville: Cost of Living & Housing Comparison
Cities with a similar cost of living
Matched on median rent and household income within 15% of Nashville-Davidson metropolitan government (balance)'s.