Nashville-Davidson is 5.1% more expensive than Houston. Nashville-Davidson housing costs are 41.3% more expensive than Houston housing costs. Health related expenses are 4.7% more in Nashville-Davidson.
Is Nashville cheaper than Houston?
The cost of living in Nashville, TN is 3.4% higher than in Houston, TX. You would have to earn a salary of $62,050 to maintain your current standard of living. Employers in Nashville, TN typically pay -9.3% less than employers in Houston, TX.
Is cost of living cheaper in Tennessee or Texas?
Tennessee is 1.7% more expensive than Texas.
Is Nashville an expensive city?
Nashville, the priciest city in the state, is home to Tennessee’s most expensive real estate values. It costs an average of $745,800 for a home in the city’s most expensive 37215 ZIP code, including Green Hills and Forest Hills addresses.
Is Nashville a high cost of living?
The cost of living in Nashville is 101.4, putting it slightly higher than the national average and about 14% higher than the Tennessee state average.
Is Nashville or Dallas more expensive?
Nashville-Davidson is 0.2% less expensive than Dallas.
What state is the cheapest to live in?
Mississippi
Mississippi. Mississippi is the cheapest state to live in in the United States. Overall, costs in the state are 17% lower than the national average. Housing costs in Mississippi are the lowest in the nation.
Does TN have state income tax?
Tennessee does not have an individual income tax. Tennessee has a 6.50 percent corporate income tax rate and levies a gross receipts tax. Tennessee has a 7.00 percent state sales tax rate, a max local sales tax rate of 2.75 percent, and an average combined state and local sales tax rate of 9.55 percent.
Is Nashville still affordable?
Nashville ranks 9th most ‘affordable’ metro in population growth.
Is it affordable to live in Nashville?
The cost of living in Nashville is 3% lower than the national average. Housing prices are 9% lower than the national average and utility costs are 10% lower. Nashville has a low median monthly rent cost but the city is getting more expensive to live in as the years go by.
Why is Nashville TN so expensive?
However, the continuous growth in Nashville’s economy and its tourism boom has led to many central parts of the city becoming expensive for real estate and visitors: from the cost of food to accommodation and transportation.
What is a good salary in Nashville?
Average Salary in Nashville, TN
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $87,462 | $7,288 |
| 75th Percentile | $71,913 | $5,992 |
| Average | $58,808 | $4,900 |
| 25th Percentile | $48,104 | $4,008 |
What salary do I need to live in Nashville TN?
A 2018 study by GoBankingRates found Nashville residents need to make $85,000 a year to “live comfortably,” $34,000 more than the city’s median income.
Is Nashville a great place to live?
Overall, Nashville received a 7.1 score out of 10 on the ranking’s assessment of the local job market, housing affordability, quality of life and more. Nashville was the top-ranked city in Tennessee, ahead of Knoxville (46th), Chattanooga (55th) and Memphis (118th).
What are the pros and cons of living in Nashville TN?
Living in Nashville: Pros and Cons
- Pro: Low Unemployment Rate.
- Con: Public Transportation Could Be Better.
- Pro: Unbeatable Music Scene.
- Con: Intense Seasonal Allergies.
- Pro: Lots of Great Coffee Shops.
- Con: Lots of Traffic.
- Pro: Lower Cost of Living Than Other Major Cities.
- Pro: Excellent Nightlife.
Is Nashville cheaper than Austin?
The cost of living in Nashville, TN is -7.0% lower than in Austin, TX. You would have to earn a salary of $55,791 to maintain your current standard of living. Employers in Nashville, TN typically pay -5.5% less than employers in Austin, TX.
Is Nashville hotter than Dallas?
What’s the Weather Like When Moving from Nashville to Dallas? Nashville and Dallas have much the same climate. However, Dallas is slightly warmer than Nashville annually. Additionally, Nashville has more rainy days than Dallas per year.
Is living in Texas cheaper?
But does “bigger” mean more expensive? Well, as it turns out, the cost of living in Texas is surprisingly affordable! In fact, the average cost of living in Texas is 7% lower than the national average.
What is the best state to live in financially?
Overall ranking of best states for your finances
| Rank | State | Score |
|---|---|---|
| 1 | Tennessee | 4.33 |
| 2 | Utah | 4.45 |
| 3 | Idaho | 4.59 |
| 4 | Arkansas | 4.91 |
What city has the lowest cost of living?
Wichita Falls, Texas, was named the city with the lowest cost of living. Visit Business Insider’s homepage for more stories.
Is food taxed in Tennessee?
Tennessee has a 4% tax on food items, specifically, food that’s not served as a ready-to-eat meal. Some local governments add taxes on top of that. Knox County, for example, has an additional 2.25% rate.
