Housing costs in Nashville?
A typical home costs
$469,200, which is 38.8% more expensive than the national average of
$338,100 and 69.1% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Nashville costs
$1,420 per month, which is 32.7% more than the national average of
$1,070 and 2.8% more than the state average of
$1,380.
Can I afford Nashville?
To live comfortably in Nashville (zip 37216), Tennessee, a minimum annual income of
$90,000 for a family, and
$50,000 for a single person is recommended.
What does A.I. say about Nashville?
The cost of living in 37216 Nashville, TN is relatively high, especially when compared to other parts of the state. The median home price in this area is around $250,000, with a median monthly rent of $1,300. The average cost of groceries and healthcare in this area are slightly higher than average for the United States. Additionally, utilities costs in this part of Nashville are generally higher than many other parts of the country as well. Despite the high costs associated with living in this area, it has a lot to offer in terms of culture and entertainment. There is plenty to enjoy for those willing to pay the price to live there.