Cost of Living: Nashville vs Phoenix (2026)

Nashville vs Phoenix cost of living compared: rent, home prices, and what your salary is really worth. Phoenix is about 7% more expensive than Nashville overall — $100,000 in Nashville is worth about $107,243 in Phoenix.

Phoenix is about 7% more expensive than Nashville overall — $100,000 in Nashville is worth about $107,243 in Phoenix.

Nashville vs Phoenix: the numbers

MetricNashvillePhoenixDifference
Cost-of-living index (US=100)96103+7%
Median rent$1,486$1,458-2%
Median home value$383,100$381,900-0%
Median household income$75,197$77,041+2%

Cost of living = BEA Regional Price Parities (US average = 100). Rent, home value, and income from the U.S. Census ACS. See our methodology.

What your salary is worth

A $100,000 salary in Nashville has the same buying power as about $107,243 in Phoenix. Going the other way, $100,000 in Phoenix is like $93,246 in Nashville.

Use the calculator below to compare any salary between Nashville and Phoenix.

Compare any salary: Nashville vs Phoenix

What you earn (or want to compare)

Frequently Asked Questions

Phoenix is more expensive. Its cost-of-living index is 103 vs 96 — a 7% difference. Your money goes further in Nashville.

About $107,243 — that's what you'd need in Phoenix to maintain the same purchasing power as $100,000 in Nashville.