Nashville vs Austin: Cost of Living & Housing Comparison
Comparing home values: Nashville-Davidson metropolitan government (balance) sits at $351,400, 24% lower than Austin's $461,500.
Nashville-Davidson metropolitan government (balance)'s median household income runs $71,328, against $86,556 in Austin.
Monthly rent typically costs $1,392 in Nashville-Davidson metropolitan government (balance) and $1,549 in Austin.
FEMA rates both cities' overall hazard risk as "Relatively High."
| Metric | Nashville-Davidson metropolitan government (balance), TN | Austin, TX |
|---|---|---|
| Population | 684,103 | 958,202 |
| Median home value | $351,400 | $461,500 |
| Median household income | $71,328 | $86,556 |
| Median gross rent | $1,392 | $1,549 |
| Climate risk (FEMA) | Relatively High | Relatively High |
Nashville-Davidson metropolitan government (balance), TN comes out ahead on housing affordability versus Austin, TX, with both a lower median home value and lower rent. Housing only — not the full cost-of-living picture.
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Sources: U.S. Census Bureau American Community Survey; FEMA National Risk Index
Data last updated July 2026.