City comparison

Phoenix vs Nashville Cost of Living

Compare overall indexes, housing costs, and budget targets between Phoenix (113.5) and Nashville (111.2).

Phoenix Index
113.5
Nashville Index
111.2
Phoenix Rent
$2,525
Nashville Rent
$2,450
Phoenix Home price
$459,000
Nashville Home price
$443,000

Salary equivalent calculator

Enter your current salary in Phoenix to estimate the income needed for a similar lifestyle in Nashville.

Equivalent salary in Nashville
$89,156
Based on the relative overall cost of living between Phoenix and Nashville.

Category-by-category differences

Use this table to see which categories make one city more or less expensive than the other.

CategoryPhoenixNashvilleDifference
Housing136133-3.0 (-2.2%)
Groceries101100-1.0 (-1.0%)
Transportation103101-2.0 (-1.9%)
Healthcare9897-1.0 (-1.0%)
Utilities10899-9.0 (-8.3%)
Miscellaneous101101+0.0 (+0.0%)

Budget comparison

Single
$5,160 / $5,040
Phoenix / Nashville
Couple
$8,570 / $8,370
Phoenix / Nashville
Family
$12,070 / $11,790
Phoenix / Nashville

Frequently Asked Questions

Last updated: Q1 2026

Data as of Q1 2026. Sources: U.S. Bureau of Labor Statistics, U.S. Census Bureau, HUD Fair Market Rents.

Cost of living indexes use the national average as baseline (100). Data is updated periodically.