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Nashville-Davidson metropolitan government (balance), TN

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
93
Average
Median Home Value
$383,100
National: $426,735
Median Rent
$1,486/mo
National: $1,527/mo
Household Income
$75,197
National: $84,532
Population
684,298
Purchasing Power
96
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
90 / 100
100 = national average
Rent Index
97 / 100
Overall Index
93
Average

Nashville-Davidson metropolitan government (balance) Mortgage Calculator

Pre-filled with the local median home value of $383,100 and Tennessee's property tax rate of 0.66%.

Salary & Purchasing Power

Median household income is $75,197 11% below the national average.

What $75,197 in Nashville-Davidson metropolitan government (balance) Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$122,094+62%
Los Angeles, CA$137,457+83%
Chicago, IL$65,494-13%
Houston, TX$57,408-24%

Property Tax in Nashville-Davidson metropolitan government (balance), TN

Est. Annual Property Tax
$2,528
Monthly Impact
$211
Added to your mortgage
Effective Rate
0.66%
National avg: ~1.00%

Tennessee Tax Overview

Tax TypeTennesseeNational Avg
Property Tax Rate0.66%1.00%
Top Income Tax RateNo State Income Tax~5.0%
State Sales Tax9.55%~5.0%

Compare Nashville-Davidson metropolitan government (balance) to Another City

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Cost of Living Comparison

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Nashville-Davidson metropolitan government (balance), TN
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Nashville-Davidson metropolitan government (balance), TN: 90
Rent Prices
97
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR