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Nashville vs Raleigh

Nashville, TN  ·  Raleigh, NC

TL;DR

Nashville cost-of-living index is 112 vs 105 for Raleigh (US = 100). Median home: $445,000 vs $380,000. Median rent: $1,556/mo vs $1,131/mo.

Source: Zillow ZHVI/ZORI · Census ACS, 2026-04-19

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Raleigh is 6% cheaper than Nashville overall.

Written by Jere Salmisto, Founder & Quantitative Systems Builder, CalcFi·Reviewed by CalcFi Editorial·Last reviewed 2026-04-19

Home Price

Nashville: $445,000

Raleigh: $380,000

Monthly Rent

Nashville: $1,556/mo

Raleigh: $1,131/mo

COL Index

Nashville: 112

Raleigh: 105

Median Income

Nashville: $72,200

Raleigh: $75,200

Side-by-Side Comparison

Metric
Nashville
Raleigh
Winner
🏠

Median Home Price

$445,000
$380,000
Raleigh
🏢

Monthly Rent (Median)

$1,556/mo
$1,131/mo
Raleigh
💰

Median Household Income

$72,200
$75,200
Raleigh
📋

Property Tax Rate

0.69%
0.79%
Nashville
📊

Cost of Living Index

100 = national average

112
105
Raleigh
🚗

Avg. Commute

27 min
25 min
Raleigh
📈

Unemployment Rate

2.9%
3%
Nashville
👥

Median Age

34.6 yrs
35.1 yrs
Raleigh

What This Means For You

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Buying Power

A $100,000 salary in Nashville has the same purchasing power as $93,750 in Raleigh — based on each city's cost of living index.

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Housing

Homes in Raleigh cost 15% more (-$65,000 extra). Expect a larger mortgage and down payment.

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Renting

Renting in Raleigh saves you $425/month — $5,100 per year. Median rent: $1,556/mo in Nashville vs $1,131/mo in Raleigh.

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Property Taxes

On a median-priced home, Nashville owners pay roughly $3,071/year in property taxes vs $3,002/year in Raleigh. That's a $68 annual difference.

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Local Earnings

Median household income is $72,200 in Nashville and $75,200 in Raleigh. Incomes are similar, so cost of living differences matter more.

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Daily Commute

Average commute is 27 minutes in Nashville vs 25 minutes in Raleigh. Commute times are nearly identical.

Salary Equivalence

To maintain the same lifestyle when moving from Nashville to Raleigh, here's the salary you'd need:

Salary in NashvilleEquivalent in RaleighDifference
$50,000$46,875-$3,125
$75,000$70,313-$4,687
$100,000$93,750-$6,250
$150,000$140,625-$9,375
$200,000$187,500-$12,500

* Calculated using cost of living indices (national average = 100). Does not account for state income tax differences.

Run the Numbers

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Mortgage Calculator

See monthly payments for homes in either city

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Rent vs Buy

Is it cheaper to rent or buy in these markets?

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Cost of Living

Full cost of living comparison tool

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Home Appreciation

Project future home value growth

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Affordability Calculator

How much home can you afford?

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Property Tax Calculator

Estimate taxes in Nashville or Raleigh

Nashville Calculators

→ Mortgage calculator for Nashville→ Rent vs buy in Nashville

Raleigh Calculators

→ Mortgage calculator for Raleigh→ Rent vs buy in Raleigh

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Nashville vs Raleigh: Common Questions

Is Nashville or Raleigh cheaper to live in?

Based on cost of living indices, Raleigh is cheaper overall. Nashville has a COL index of 112 while Raleigh scores 105 (national average = 100).

How do home prices compare between Nashville and Raleigh?

The median home price in Nashville is $445,000 vs $380,000 in Raleigh — a difference of $65,000 (15%).

What salary do I need in Raleigh to match my Nashville income?

Use the salary equivalence table above. For example, a $100K salary in Nashville is equivalent to $93,750 in Raleigh in terms of purchasing power.

Which city has lower property taxes?

Nashville has a lower property tax rate (0.69% vs 0.79%). On a median-priced home, that means paying $3,002/year vs $3,071/year.

How does rent compare in Nashville vs Raleigh?

Median monthly rent: $1,556 in Nashville vs $1,131 in Raleigh. Annualized: $18,672 vs $13,572.

What is the median household income in each city?

Nashville: $72,200/yr. Raleigh: $75,200/yr (Census ACS).

Which city is better for remote workers?

Lower-cost Raleigh typically lets remote-workers keeping a coastal salary stretch further. Higher-cost cities usually win on amenities and labor-market depth.

Where does the data on this comparison come from?

Numbers are pulled from Zillow ZHVI/ZORI (home values, rent), the U.S. Census Bureau ACS (income), and BEA RPP (cost-of-living index). Each value is timestamped on the page.

How often is this comparison updated?

Source feeds refresh on their native cadence — hourly for mortgage rates, monthly for ZHVI/ZORI, annually for ACS. Page caches revalidate every 24 hours via Next.js ISR.

Does this comparison replace tax or financial advice?

No. This page is educational reference using public data and standard formulas. It is not personalized tax, legal, or investment advice. Consult a licensed professional for material decisions.

Sources & Citations

  1. Zillow Research — Zillow Home Value Index (ZHVI) and Observed Rent Index (ZORI) — zillow.com/research/data
  2. U.S. Census Bureau — American Community Survey (ACS) 5-year estimates for median household income, median age, commute time — census.gov/acs
  3. Bureau of Economic Analysis — Regional Price Parities (RPP) by state and metro — bea.gov/rpp
  4. Tax Foundation — effective property tax rates and state tax rates — taxfoundation.org
  5. U.S. Bureau of Labor Statistics — unemployment rates and regional CPI — bls.gov
  6. Council for Community and Economic Research (C2ER) — Cost of Living Index — coli.org
Methodology & Assumptions

City-level metrics (median home price, median rent, median household income, property tax rate, COL index, commute, unemployment, median age) are sourced from Zillow ZHVI/ZORI[1], Census ACS 5-year estimates[2], BEA Regional Price Parities[3], Tax Foundation[4], and BLS Local Area Unemployment Statistics[5].

The Cost of Living Index uses 100 = national average (C2ER methodology[6]): values above 100 indicate a city is more expensive than the national average, below 100 less expensive.

Salary equivalence uses the ratio adjustedSalary = salary × (colDestination / colOrigin). This accounts for cost-of-living differences but does not model state income tax variation, which can be significant.

Annual property tax is computed as medianHomePrice × propertyTaxRate. Actual assessed value may differ from sale price. Effective rates vary within a metro; these are metro-wide medians.

Commute-hours calculations assume 250 working days/year and a round-trip commute. "Tied" in the comparison table means values within ±1% of each other.

Last reviewed reflects the maximum retrievedAt timestamp across every sourced dataset feeding this page. When any source refreshes, the next ISR revalidation (every 24 hours) picks the new date.

Cost of living data sourced from [6] C2ER, [2] U.S. Census Bureau, and [1] Zillow Research. Tax rates from [4] Tax Foundation. Last reviewed 2026-04-19.