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Minneapolis vs Nashville

Cost of living comparison — C2ER 2024-2025 data

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Nashville is 4% cheaper than Minneapolis overall.Minneapolis has a cost of living index of 113 vs Nashville at 108 (national average = 100). The biggest difference is housing Minneapolis costs 5% more.

Pierre
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Minneapolis
MN
113
COLI index
VS
Nashville
TN
108
COLI index

Category Breakdown

CategoryMinneapolisNashvilleDifference
Overall COLI113108-4%
Housing148140-5%
Groceries104105+1%
Transport108108Same
Healthcare107103-4%
Utilities105104-1%

Median 1BR Rent

Minneapolis
$1,450/mo
Nashville
$1,750/mo

Median Home Price

Minneapolis
$335,000
Nashville
$415,000

Median Household Income

Minneapolis
$70,715
Nashville
$65,734

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Frequently Asked Questions

Nashville is cheaper to live in overall. Minneapolis has a cost of living index of 113 while Nashville has an index of 108, where 100 represents the US national average. Nashville is 4% cheaper than Minneapolis overall.

The median 1-bedroom rent in Minneapolis is $1,450 per month compared to $1,750 in Nashville. The median home price in Minneapolis is $335,000 versus $415,000 in Nashville. Housing is typically the largest factor in cost of living differences between cities.

Minneapolis has a cost of living index of 113 and Nashville has an index of 108, both measured against a US national average of 100. An index above 100 means more expensive than the national average — below 100 means cheaper.

To maintain the same purchasing power as a salary in Minneapolis, multiply by 0.96. For example a $75,000 salary in Minneapolis is equivalent to approximately $71,681 in Nashville.

Minneapolis has a median household income of $70,715 per year versus $65,734 in Nashville. Higher incomes must be weighed against cost of living. Use the Dayblip salary tools to see specific job salaries in both cities.

Whether moving from Minneapolis to Nashville is worthwhile depends on your salary, lifestyle, and priorities. Nashville is 4% cheaper overall — with the biggest difference in housing. Use the Dayblip cost of living calculator to enter your specific salary and see the exact dollar impact.

Last updated: June 2026

Methodology: Cost of living indices from C2ER Cost of Living Index 2024-2025. Rent data from Zillow December 2024. Home price data from Zillow Home Value Index December 2024. Household income from US Census Bureau ACS 2023. National average COLI = 100. Data updated annually.