Is Nashville, TN cheaper than Monterey Park, CA?

Based on cost of living data, Nashville, TN is 34.6% cheaper than Monterey Park, CA. This translates to saving $2594 per month.

What salary do I need in Nashville, TN to live like I do in Monterey Park, CA?

If you earn $150,000 in Monterey Park, CA, you'd need approximately $118,873.31 in Nashville, TN to maintain the same standard of living.

How does housing cost compare between Monterey Park, CA and Nashville, TN?

Housing in Nashville, TN is 58.2% cheaper than in Monterey Park, CA. For a two-bedroom apartment, rent is $1,840/month in Nashville, TN compared to $1,826/month in Monterey Park, CA.

How much can I save per month by moving from Monterey Park, CA to Nashville, TN?

Moving from Monterey Park, CA to Nashville, TN could save you approximately $2594 per month, or $31127 per year, based on a $150,000 salary.

Monterey Park, CA vs Nashville, TN: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Monterey Park, CA — ZIP-level rent data · COL adjusted from Los Angeles, CA area

Current salary in Monterey Park, CA

Numbers update automatically as you type

You'd save $2.6K/month moving to Nashville, TN

$150.0K in your current city equals $118.9K in Nashville, TN

Rent data from HUD ZIP-level estimates · COL index from Los Angeles-Long Beach-Anaheim, CA area

Overall Cost

↓ 34.6%

Less expensive

Monthly Impact

$2,594

Savings

Annual Impact

$31.1K

Per year

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

Monterey Park, CA

Population:58K

Cost Index:100

Median Home:$907K

Nashville, TN

Population:689K

Cost Index:65

Median Home:$489K

Monterey Park, CA

The Golden State

58K

Population

State Tax

Yes

Located in California, this city has a population of 58K 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: Monterey Park, CA vs Nashville, TN

Category	Monterey Park, CA	Nashville, TN	Difference	Change
🏠Housing	$6,337/mo	$2,651/mo	↓ $3,686less	58.2%
🚗Transportation	$1,961/mo	$1,284/mo	↓ $677less	34.5%
📦Other	$1,573/mo	$1,942/mo	↑ $369more	23.5%
🏥Healthcare	$528/mo	$607/mo	↑ $79.21more	15.0%
🛒Groceries	$992/mo	$949/mo	↓ $42.24less	4.3%
⚡All Utilities	$531/mo	$519/mo	↓ $12.16less	2.3%

🏠Housing

↓ 58.2%

Monterey Park, CA

$6,337

Nashville, TN

$2,651

Difference

$3,686

less

🚗Transportation

↓ 34.5%

Monterey Park, CA

$1,961

Nashville, TN

$1,284

Difference

$677

less

📦Other

↑ 23.5%

Monterey Park, CA

$1,573

Nashville, TN

$1,942

Difference

$369

🏥Healthcare

↑ 15.0%

Monterey Park, CA

$528

Nashville, TN

$607

Difference

$79.21

🛒Groceries

↓ 4.3%

Monterey Park, CA

$992

Nashville, TN

$949

Difference

$42.24

less

⚡All Utilities

↓ 2.3%

Monterey Park, CA

$531

Nashville, TN

$519

Difference

$12.16

less

🏠Rent Comparison

Studio

From$1,305

To$1,600

↑ $295

1 Bed

From$1,463

To$1,680

↑ $217

2 Bed

From$1,826

To$1,840

↑ $14.00

3 Bed

From$2,317

To$2,350

↑ $33.00

Monterey Park, CAZIP-level data

1BR range: $1,880–$1,910/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.

$11,921

Monthly in Monterey Park, CA

$7,952

Monthly in Nashville, TN

$3,969

Difference

Home Values

Monterey Park

Nashville

$907K

Median Value

$489K

YoY Change

↓ -2.1%

↑ +28.4%

5-Year Change

↑ +32.1%

$899K - $914K

Price Range

$320K - $1.16M

Homes in Nashville are 46% less expensive than Monterey Park

Calculate payment - Monterey Park Calculate payment - Nashville

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $10.6K

Per year

Monthly Difference

$886

More take-home

Effective Rate Diff

7.1%

Rate difference

Monterey Park, CA

Federal Income Tax

Effective: 18.9%

$25.5K

California State Tax

Effective: 7.1%

$10.6K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.8%

$47.6K

Take-Home Pay

$8,530/month

$102.4K

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

Monterey Park, CA Tax Rates

Sales Tax:10.5%

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.