Is Nashville, TN cheaper than Lakewood, CO?

Based on cost of living data, Nashville, TN is 3.2% cheaper than Lakewood, CO. This translates to saving $237 per month.

What salary do I need in Nashville, TN to live like I do in Lakewood, CO?

If you earn $150,000 in Lakewood, CO, you'd need approximately $147,155.874 in Nashville, TN to maintain the same standard of living.

How does housing cost compare between Lakewood, CO and Nashville, TN?

Housing in Nashville, TN is 6.2% cheaper than in Lakewood, CO. For a two-bedroom apartment, rent is $1,840/month in Nashville, TN compared to $1,599/month in Lakewood, CO.

How much can I save per month by moving from Lakewood, CO to Nashville, TN?

Moving from Lakewood, CO to Nashville, TN could save you approximately $237 per month, or $2844 per year, based on a $150,000 salary.

Lakewood, CO vs Nashville, TN: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Lakewood, CO — ZIP-level rent data · COL adjusted from Denver, CO area

Current salary in Lakewood, CO

Numbers update automatically as you type

You'd save $237/month moving to Nashville, TN

$150.0K in your current city equals $147.2K in Nashville, TN

Rent data from HUD ZIP-level estimates · COL index from Denver-Aurora-Lakewood, CO area

Overall Cost

↓ 3.2%

Less expensive

Monthly Impact

$237

Savings

Annual Impact

$2.8K

Per year

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

Lakewood, CO

Population:156K

Cost Index:100

Median Home:$585K

Nashville, TN

Population:689K

Cost Index:97

Median Home:$489K

Lakewood, CO

The Centennial State

156K

Population

State Tax

Yes

Located in Colorado, this city has a population of 156K 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: Lakewood, CO vs Nashville, TN

Category	Lakewood, CO	Nashville, TN	Difference	Change
📦Other	$1,716/mo	$1,942/mo	↑ $226more	13.2%
🏠Housing	$2,827/mo	$2,651/mo	↓ $176less	6.2%
🚗Transportation	$1,413/mo	$1,284/mo	↓ $129less	9.1%
🛒Groceries	$1,012/mo	$949/mo	↓ $62.77less	6.2%
🏥Healthcare	$621/mo	$607/mo	↓ $14.24less	2.3%
⚡All Utilities	$510/mo	$519/mo	↑ $8.66more	1.7%

📦Other

↑ 13.2%

Lakewood, CO

$1,716

Nashville, TN

$1,942

Difference

$226

🏠Housing

↓ 6.2%

Lakewood, CO

$2,827

Nashville, TN

$2,651

Difference

$176

less

🚗Transportation

↓ 9.1%

Lakewood, CO

$1,413

Nashville, TN

$1,284

Difference

$129

less

🛒Groceries

↓ 6.2%

Lakewood, CO

$1,012

Nashville, TN

$949

Difference

$62.77

less

🏥Healthcare

↓ 2.3%

Lakewood, CO

$621

Nashville, TN

$607

Difference

$14.24

less

⚡All Utilities

↑ 1.7%

Lakewood, CO

$510

Nashville, TN

$519

Difference

$8.66

🏠Rent Comparison

Studio

From$1,257

To$1,600

↑ $343

1 Bed

From$1,344

To$1,680

↑ $336

2 Bed

From$1,599

To$1,840

↑ $241

3 Bed

From$2,092

To$2,350

↑ $258

Lakewood, COZIP-level data

1BR range: $1,620–$1,900/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.

$8,100

Monthly in Lakewood, CO

$7,952

Monthly in Nashville, TN

$148

Difference

Home Values

Lakewood

Nashville

$585K

Median Value

$489K

↓ -2.6%

YoY Change

↓ -2.1%

↑ +20.1%

5-Year Change

↑ +32.1%

$519K - $652K

Price Range

$320K - $1.16M

Homes in Nashville are 16% less expensive than Lakewood

Calculate payment - Lakewood Calculate payment - Nashville

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $6.6K

Per year

Monthly Difference

$550

More take-home

Effective Rate Diff

4.4%

Rate difference

Lakewood, CO

Federal Income Tax

Effective: 18.9%

$25.5K

Colorado State Tax

Effective: 4.4%

$6.6K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.1%

$43.6K

Take-Home Pay

$8,866/month

$106.4K

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

Lakewood, CO Tax Rates

Sales Tax:7.8%

Property Tax:0.5%

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.