Here's what it costs to live in Nashville-Davidson, Tennessee, based on the latest US government data. Renters pay a median of $1,586 per month, while the typical home is valued around $413,600. Households earn a median of $77,371 per year, leaving rent at a manageable share of income for many residents. Air quality is good, with an average AQI of 38. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
Median Household Income
$77,371
Annual · Census ACS
Median Gross Rent
$1,586
Per month · Census ACS
Median Home Value
$413,600
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$1,507
HUD Fair Market Rent
1BR Fair Market Rent
$1,578
HUD FMR
2BR Fair Market Rent
$1,730
HUD FMR
3BR Fair Market Rent
$2,211
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
| 🔧Plumber | N/A |
| ⚕️Nurse Practitioner | N/A |
| 🏗️Civil Engineer | N/A |
| 👔Operations Manager | N/A |
| 📈Market Research Analyst | N/A |
| 🏢Health Services Manager | N/A |
| 🚛Truck Driver | N/A |
| 👨⚕️Physician Assistant | N/A |
| 🩺Surgeon | N/A |
| 🧮Data Scientist | N/A |
| 🖥️Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
690,130
Latest estimate
Median Age
34.5 yrs
Census ACS
Average AQI
38.0
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,497
Per month
Avg Home Value
$474,220
Census ACS
January Avg
39°F
July Avg
80°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Temperate · Source: NOAA/NCEI 30-year normals.
Healthcare Score
30.4
poor
Hospitals
10
Doctors per 1,000
1.00
Insurance Coverage
87.2%
What is the cost of living index for Nashville-Davidson?
The cost of living index for Nashville-Davidson is not yet available in our database.
What is the median rent in Nashville-Davidson?
The median gross rent in Nashville-Davidson is $1,586 per month according to US Census ACS data.
What is the median household income in Nashville-Davidson?
The median household income in Nashville-Davidson is $77,371 per year.
What is the median home value in Nashville-Davidson?
The median home value in Nashville-Davidson is $413,600 based on the latest Census ACS survey.
How is the air quality in Nashville-Davidson?
Nashville-Davidson has an average Air Quality Index (AQI) of 38.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
What are the taxes like in Nashville-Davidson?
Tax data for Tennessee is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology