Is Nashville, TN cheaper than Homestead, FL?

Based on cost of living data, Nashville, TN is 13.0% cheaper than Homestead, FL. This translates to saving $972 per month.

What salary do I need in Nashville, TN to live like I do in Homestead, FL?

If you earn $150,000 in Homestead, FL, you'd need approximately $138,336.538 in Nashville, TN to maintain the same standard of living.

How does housing cost compare between Homestead, FL and Nashville, TN?

Housing in Nashville, TN is 17.0% cheaper than in Homestead, FL. For a two-bedroom apartment, rent is $1,840/month in Nashville, TN compared to $1,860/month in Homestead, FL.

How much can I save per month by moving from Homestead, FL to Nashville, TN?

Moving from Homestead, FL to Nashville, TN could save you approximately $972 per month, or $11663 per year, based on a $150,000 salary.

Homestead, FL vs Nashville, TN: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Homestead, FL — ZIP-level rent data · COL adjusted from Miami, FL area

Current salary in Homestead, FL

Numbers update automatically as you type

You'd save $972/month moving to Nashville, TN

$150.0K in your current city equals $138.3K in Nashville, TN

Rent data from HUD ZIP-level estimates · COL index from Miami-Fort Lauderdale-Pompano Beach, FL area

Overall Cost

↓ 13.0%

Less expensive

Monthly Impact

$972

Savings

Annual Impact

$11.7K

Per year

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

Homestead, FL

Population:82K

Cost Index:100

Median Home:$465K

Nashville, TN

Population:689K

Cost Index:87

Median Home:$489K

Homestead, FL

The Sunshine State

82K

Population

State Tax

No Income Tax

Located in Florida, this city has a population of 82K residents.

💡 Advantage: Florida has no state income tax!

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: Homestead, FL vs Nashville, TN

Category	Homestead, FL	Nashville, TN	Difference	Change
🏠Housing	$3,195/mo	$2,651/mo	↓ $545less	17.0%
🚗Transportation	$1,406/mo	$1,284/mo	↓ $122less	8.7%
🛒Groceries	$1,059/mo	$949/mo	↓ $109less	10.3%
📦Other	$2,013/mo	$1,942/mo	↓ $71.31less	3.5%
🏥Healthcare	$577/mo	$607/mo	↑ $29.86more	5.2%
⚡All Utilities	$509/mo	$519/mo	↑ $9.94more	2.0%

🏠Housing

↓ 17.0%

Homestead, FL

$3,195

Nashville, TN

$2,651

Difference

$545

less

🚗Transportation

↓ 8.7%

Homestead, FL

$1,406

Nashville, TN

$1,284

Difference

$122

less

🛒Groceries

↓ 10.3%

Homestead, FL

$1,059

Nashville, TN

$949

Difference

$109

less

📦Other

↓ 3.5%

Homestead, FL

$2,013

Nashville, TN

$1,942

Difference

$71.31

less

🏥Healthcare

↑ 5.2%

Homestead, FL

$577

Nashville, TN

$607

Difference

$29.86

⚡All Utilities

↑ 2.0%

Homestead, FL

$509

Nashville, TN

$519

Difference

$9.94

🏠Rent Comparison

Studio

From$1,398

To$1,600

↑ $202

1 Bed

From$1,525

To$1,680

↑ $155

2 Bed

From$1,860

To$1,840

↓ $20.00

3 Bed

From$2,392

To$2,350

↓ $42.00

Homestead, FLZIP-level data

1BR range: $1,590–$2,180/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.

$8,760

Monthly in Homestead, FL

$7,952

Monthly in Nashville, TN

$807

Difference

Home Values

Homestead

Nashville

$465K

Median Value

$489K

↓ -4.3%

YoY Change

↓ -2.1%

↑ +59%

5-Year Change

↑ +32.1%

$335K - $879K

Price Range

$320K - $1.16M

Homes in Nashville are 5% more expensive than Homestead

Calculate payment - Homestead Calculate payment - Nashville

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

→ $0

Same taxes

Monthly Difference

Same take-home

Effective Rate Diff

0.0%

Rate difference

Homestead, FL

Federal Income Tax

Effective: 18.9%

$25.5K

Florida 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

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

Homestead, FL Tax Rates

Sales Tax:7.2%

Property Tax:0.8%

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.