Nashville’s cost of living is higher than the national average. However, compared to other cities, Nashville is still affordable. The cost of living is even 14% higher than the State of Tennessee average. Here are your considerations in terms of expenses when you chose to move to Nashville: Housing cost The city’s housing index is 113.3, making it 13.3% higher than America’s national average. It is also 71.2% higher than the average of Tennessee. A single-family home, condo, and townhouse will already cost you $262,000. It is consistently increasing with a 10% year-over-year housing rate climb. The monthly rent in the city will cost you $887 for a studio apartment. The price also varies depending on the neighborhood you choose. Utilities The housing rate in the city is higher than the national average monthly utilities, on one side, are below the average. However, it is higher than the State’s average. Almost 6.3% of residents in Nashville spend their monthly expenses on utilities. It can reach $173 a month. Food Food and grocery are affordable in Nashville. But it is still above the national average. Residents allot $216 on monthly food expenses. Health Another important consideration when you move to a new city is health security. If you chose to settle in Nashville, you need to spend $500 on an adult insurance plan. Health care in Nashville is lower than the national average. It is one of the advantages of the city. Health care in the city is at par, as well. Compared to the national average of 210 doctors per 100,000 people, Nashville has 347. You are sure that you will receive health care once you need it. The expenses are reasonable given that you are receiving enough salary. The average income a Nashville resident receives annually can reach $28,000 a year. It is enough salary to pay for your monthly expenses, and if you know how to budget wisely, you can save, too. You will be able to afford a comfortable life in the city given that you have a job.