Is Nashville Cheap to Live In?
Situated in the heart of Tennessee, is Nashville, a city renowned for its grandeur and splendor. Nashville is one of the most popular tourist attractions in the United States and is a major hub for entertainment, culture, and the arts. Its southern charm, friendly people, and vibrant music scene make Nashville a great place to be. But if you’ve been thinking of making a home in Nashville, you’re probably wondering if it’s an affordable place to live.
Cost of Living in Nashville
The cost of living in Nashville is slightly higher than the US average. According to Numbeo, the average cost of living in Nashville is about 6.4% higher than the US average, with housing costs being the most expensive at 11.8% higher than the national average. The median home value in the city is around $299,000, while the median rental rate is around $1,037. This makes Nashville a slightly expensive city to live in compared to other cities in the United States.
Nashville Neighborhoods
Where you decide to live in Nashville will also play a role in determining how much you’ll pay for living expenses. The neighborhood you choose can have a huge impact on your cost of living. Some of the most affordable neighborhoods in Nashville include Antioch, Hermitage, and Antioch. These areas have lower housing costs, lower crime rates, and excellent public schools.
Nashville Utilities
In terms of utilities, Nashville is an affordable city. According to Numbeo, the average cost of electricity in Nashville is around $93.75 per month, while water and garbage collection services cost around $86.00 per month. Internet and cell phone plans are also relatively inexpensive in the city, with the average cost for both services around $85.00 per month.
Nashville Groceries
When it comes to groceries, Nashville is an affordable place to buy food. The city has plenty of supermarkets, convenience stores, and farmer’s markets, offering a wide variety of food items at competitive rates. According to Numbeo, the average cost of a dozen eggs in Nashville is around $2.20, while a gallon of milk costs around $3.41. The cost of a pound of potatoes is around $1.30, while a pound of apples is around $2.17.
Nashville Transportation
Nashville is a great city for getting around. The city has an extensive public transportation system, with buses and taxis operating throughout the city. The city also has a light rail system, making it easy to get from one part of the city to another. According to Numbeo, the average cost of a one-way bus ticket in Nashville is around $1.90, while a taxi ride can cost around $14.00.
Nashville Entertainment
When it comes to entertainment, Nashville is an affordable city. There are plenty of free and inexpensive things to do in the city, from music festivals to art galleries. The city is also home to a thriving nightlife scene, with plenty of bars, clubs, and live music venues. According to Numbeo, the average cost of a movie ticket in Nashville is around $15.00, while a meal for two at a mid-range restaurant can cost around $60.00.
Nashville Taxes
Nashville has a relatively low tax rate, making it an affordable place to live. The state of Tennessee does not have an income tax, which means that residents only have to pay federal taxes. Tennessee also has a flat sales tax rate of 7%, which is lower than the national average.
Nashville Health Care
When it comes to health care, Nashville is an affordable city. The city has a variety of hospitals and medical centers, offering quality healthcare services at reasonable prices. According to Numbeo, the average cost of a doctor’s visit in Nashville is around $90.00, while the average cost of a dental check-up is around $70.00.
Conclusion
Overall, Nashville is an affordable city to live in. The cost of living in the city is slightly higher than the national average, but it is still relatively affordable. The city has a variety of affordable neighborhoods, utilities, groceries, transportation options, entertainment, taxes, and health care, making it an attractive place for people looking for a reasonable cost of living.
FAQs
- A: The cost of living in Nashville is slightly higher than the US average. The median home value in the city is around $299,000, while the median rental rate is around $1,037. This makes Nashville a slightly expensive city to live in compared to other cities in the United States.
- A: According to Numbeo, the average cost of living in Nashville is about 6.4% higher than the US average, with housing costs being the most expensive at 11.8% higher than the national average.
- A: Some of the most affordable neighborhoods in Nashville include Antioch, Hermitage, and Antioch. These areas have lower housing costs, lower crime rates, and excellent public schools.
- A: According to Numbeo, the average cost of electricity in Nashville is around $93.75 per month, while water and garbage collection services cost around $86.00 per month. Internet and cell phone plans are also relatively inexpensive in the city, with the average cost for both services around $85.00 per month.
- A: According to Numbeo, the average cost of a dozen eggs in Nashville is around $2.20, while a gallon of milk costs around $3.41. The cost of a pound of potatoes is around $1.30, while a pound of apples is around $2.17.
- A: Nashville has an extensive public transportation system, with buses and taxis operating throughout the city. According to Numbeo, the average cost of a one-way bus ticket in Nashville is around $1.90, while a taxi ride can cost around $14.00.
- A: According to Numbeo, the average cost of a movie ticket in Nashville is around $15.00, while a meal for two at a mid-range restaurant can cost around $60.00.
- A: Nashville has a relatively low tax rate, making it an affordable place to live. The state of Tennessee does not have an income tax, which means that residents only have to pay federal taxes. Tennessee also has a flat sales tax rate of 7%, which is lower than the national average.
- A: The city has a variety of hospitals and medical centers, offering quality healthcare services at reasonable prices. According to Numbeo, the average cost of a doctor’s visit in Nashville is around $90.00, while the average cost of a dental check-up is around $70.00.
Q: Is Nashville an expensive city?
Q: What is the average cost of living in Nashville?
Q: What are some of the most affordable neighborhoods in Nashville?
Q: What is the average cost of utilities in Nashville?
Q: What is the average cost of groceries in Nashville?
Q: What is the average cost of transportation in Nashville?
Q: What is the average cost of entertainment in Nashville?
Q: What is the average tax rate in Nashville?
Q: What is the average cost of health care in Nashville?