Is Nashville, TN cheaper than Austin, MN?

Based on cost of living data, Nashville, TN is 13.3% more expensive than Austin, MN. This translates to spending an extra $998 per month.

What salary do I need in Nashville, TN to live like I do in Austin, MN?

If you earn $150,000 in Austin, MN, you'd need approximately $161,976.061 in Nashville, TN to maintain the same standard of living.

How does housing cost compare between Austin, MN and Nashville, TN?

Housing in Nashville, TN is 25.9% more expensive than in Austin, MN. For a two-bedroom apartment, rent is $1,840/month in Nashville, TN compared to $787/month in Austin, MN.

How much can I save per month by moving from Austin, MN to Nashville, TN?

Living in Nashville, TN costs approximately $998 more per month than Austin, MN, or $11976 more per year, based on a $150,000 salary.

Austin, MN vs Nashville, TN: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Austin, MN — ZIP-level rent data · COL adjusted from Saint Paul, MN area

Current salary in Austin, MN

Numbers update automatically as you type

You'd spend $998/month more in Nashville, TN

$150.0K in your current city equals $162.0K in Nashville, TN

Rent data from HUD ZIP-level estimates · COL index from area

Overall Cost

↑ 13.3%

More expensive

Monthly Impact

$998

Extra cost

Annual Impact

$12.0K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Austin, MN

Population:26K

Cost Index:100

Median Home:$181K

Nashville, TN

Population:689K

Cost Index:113

Median Home:$489K

Austin, MN

The North Star State

26K

Population

State Tax

Yes

Located in Minnesota, this city has a population of 26K residents.

Nashville, TN

The Volunteer State

689K

Population

State Tax

No Income Tax

Climate

Humid subtropical

Notable Facts

•Music City USA
•Country music capital
•Healthcare industry hub

Major Industries

Music IndustryHealthcareTourismFinance

Cost Breakdown by Category

Annual spending: Austin, MN vs Nashville, TN

Category	Austin, MN	Nashville, TN	Difference	Change
🏠Housing	$2,106/mo	$2,651/mo	↑ $545more	25.9%
📦Other	$1,493/mo	$1,942/mo	↑ $449more	30.1%
🏥Healthcare	$703/mo	$607/mo	↓ $96.13less	13.7%
🚗Transportation	$1,194/mo	$1,284/mo	↑ $89.60more	7.5%
⚡All Utilities	$473/mo	$519/mo	↑ $46.27more	9.8%
🛒Groceries	$958/mo	$949/mo	↓ $8.36less	0.9%

🏠Housing

↑ 25.9%

Austin, MN

$2,106

Nashville, TN

$2,651

Difference

$545

📦Other

↑ 30.1%

Austin, MN

$1,493

Nashville, TN

$1,942

Difference

$449

🏥Healthcare

↓ 13.7%

Austin, MN

$703

Nashville, TN

$607

Difference

$96.13

less

🚗Transportation

↑ 7.5%

Austin, MN

$1,194

Nashville, TN

$1,284

Difference

$89.60

⚡All Utilities

↑ 9.8%

Austin, MN

$473

Nashville, TN

$519

Difference

$46.27

🛒Groceries

↓ 0.9%

Austin, MN

$958

Nashville, TN

$949

Difference

$8.36

less

🏠Rent Comparison

Studio

From$545

To$1,600

↑ $1,055

1 Bed

From$603

To$1,680

↑ $1,077

2 Bed

From$787

To$1,840

↑ $1,053

3 Bed

From$1,016

To$2,350

↑ $1,334

Austin, MNZIP-level data

1BR range: $820–$820/mo

Nashville, TNZIP-level data

1BR range: $1,320–$2,230/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$6,927

Monthly in Austin, MN

$7,952

Monthly in Nashville, TN

$1,025

Difference

Home Values

Austin

Nashville

$181K

Median Value

$489K

↑ +5.3%

YoY Change

↓ -2.1%

↑ +41.6%

5-Year Change

↑ +32.1%

$181K

Price Range

$320K - $1.16M

Homes in Nashville are 169% more expensive than Austin

Calculate payment - Austin Calculate payment - Nashville

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $10.4K

Per year

Monthly Difference

$869

More take-home

Effective Rate Diff

7.0%

Rate difference

Austin, MN

Federal Income Tax

Effective: 18.9%

$25.5K

Minnesota State Tax

Effective: 7.0%

$10.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.6%

$47.4K

Take-Home Pay

$8,546/month

$102.6K

Nashville, TN

Federal Income Tax

Effective: 18.9%

$25.5K

Tennessee State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Additional Tax Information

Austin, MN Tax Rates

Sales Tax:8.0%

Property Tax:1.1%

Nashville, TN Tax Rates

Sales Tax:9.5%

Property Tax:0.7%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.