| Cost of Living
A low cost of living is not always characteristic of larger cities with an excellent quality of life. Nashville's low cost of living is one of the many reasons people and companies relocate to Nashville every year. The charts below compare the Nashville cost of living and home or rental prices to peer cities.
Thinking about relocating?
|
Cost of Living Comparison
Source: ACCRA Cost of Living Index, First Quarter 2009 (U.S. Average=100)
| City |
100% Composite Index |
12.49% Grocery Items |
29.84% Housing |
9.94% Utilities |
10.73% Transportation |
4.07% Health Care |
32.93% Misc. Goods & Services |
| St. Louis |
87.6 |
98.0 |
76.1 |
84.1 |
91.5 |
98.6 |
92.1 |
| Nashville |
88.7 |
95.7 |
73.5 |
86.8 |
91.6 |
96.4 |
98.1 |
| Dallas |
92.9 |
98.2 |
72.4 |
106.1 |
100.8 |
105.2 |
100.7 |
| Charlotte |
92.3 |
100.7 |
78.1 |
97.7 |
97.3 |
103.0 |
96.9 |
| Columbus |
94.7 |
92.0 |
87.2 |
110.5 |
101.7 |
99.7 |
94.5 |
| Austin |
94.9 |
91.8 |
80.6 |
87.1 |
92.3 |
96.3 |
111.8 |
| Cleveland |
99.3 |
112.5 |
85.4 |
113.2 |
107.5 |
100.7 |
99.4 |
| Atlanta |
94.9 |
97.2 |
88.7 |
86.7 |
99.9 |
101.8 |
99.6 |
| Detroit |
100.1 |
90.9 |
102.4 |
119.0 |
103.5 |
96.7 |
95.0 |
| Denver |
101.9 |
106.4 |
107.9 |
99.4 |
87.9 |
104.8 |
100.1 |
| Raleigh |
100.3 |
106.2 |
93.9 |
93.0 |
96.0 |
106.8 |
106.5 |
| Philadelphia |
122.6 |
124.6 |
141.1 |
122.9 |
100.4 |
109.8 |
114.4 |
| San Diego |
132.5 |
104.5 |
201.0 |
94.9 |
113.1 |
113.2 |
102.9 |
| Los Angeles |
142.2 |
105.4 |
234.0 |
86.4 |
110.7 |
111.1 |
106.3 |
| New York |
219.3 |
145.1 |
400.6 |
163.7 |
128.3 |
128.2 |
146.0 | |
|
Housing Market
Source: ACCRA Cost of Living Index, First Quarter 2009
| City |
Average Residential Home Price |
Average Apartment Rental Rates |
| Dallas |
$211,404 |
$728 |
| Nashville |
$214,900 |
$740 |
| St. Louis |
$223,130 |
$776 |
| Austin |
$225,993 |
$1,006 |
| Cleveland |
$246,396 |
$929 |
| Charlotte |
$247,974 |
$639 |
| Orlando |
$252,346 |
$826 |
| Columbus |
$256,663 |
$777 |
| Atlanta |
$269,796 |
$734 |
| Detroit |
$315,098 |
$853 |
| Raleigh |
$287,422 |
$696 |
| Denver |
$330,455 |
$826 |
| Chicago |
$360,245 |
$1,448 |
| Philadelphia |
$414,350 |
$1,305 |
| Boston |
$419,000 |
$1,350 |
| San Diego |
$590,579 |
$1,698 |
| Los Angeles |
$695,910 |
$1,853 |
| New York |
$1,168,000 |
$3,500 |
For more information about the cost of living in the Nashville Economic Market, please call (615) 743-3029.
For additional assistance with your site selection process, please call Janet Miller at (615) 743-3024 or e-mail contactus@nashvillechamber.com.
|
| |