dayblip

Nashville vs Phoenix

Cost of living comparison — C2ER 2024-2025 data

Compare a different city:

VS

QUICK ANSWER

Phoenix is 5% cheaper than Nashville overall.Nashville has a cost of living index of 108 vs Phoenix at 103 (national average = 100). The biggest difference is housing Nashville costs 9% more.

Pierre
Built by Pierre — MBA, Business Strategist & AI Consultant, Founder of DayblipAbout the author →
Nashville
TN
108
COLI index
VS
Phoenix
AZ
103
COLI index

Category Breakdown

CategoryNashvillePhoenixDifference
Overall COLI108103-5%
Housing140128-9%
Groceries105104-1%
Transport108107-1%
Healthcare103103Same
Utilities104110+6%

Median 1BR Rent

Nashville
$1,750/mo
Phoenix
$1,600/mo

Median Home Price

Nashville
$415,000
Phoenix
$385,000

Median Household Income

Nashville
$65,734
Phoenix
$64,882

Share Your Result

Surprised by this number? Share it with friends and family

Frequently Asked Questions

Phoenix is cheaper to live in overall. Nashville has a cost of living index of 108 while Phoenix has an index of 103, where 100 represents the US national average. Phoenix is 5% cheaper than Nashville overall.

The median 1-bedroom rent in Nashville is $1,750 per month compared to $1,600 in Phoenix. The median home price in Nashville is $415,000 versus $385,000 in Phoenix. Housing is typically the largest factor in cost of living differences between cities.

Nashville has a cost of living index of 108 and Phoenix has an index of 103, 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 Nashville, multiply by 0.95. For example a $75,000 salary in Nashville is equivalent to approximately $71,528 in Phoenix.

Nashville has a median household income of $65,734 per year versus $64,882 in Phoenix. 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 Nashville to Phoenix is worthwhile depends on your salary, lifestyle, and priorities. Phoenix is 5% 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.