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Cost of Living Comparison 2026

๐Ÿ“ South Valley CDP, NM โ€” COL adjusted from Albuquerque, NM area + state data

$

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You'd spend $1.1K/month more in Nashville, TN

$150.0K in your current city equals $163.6K in Nashville, TN

Rent data from HUD ZIP-level estimates ยท COL index from area
Overall Cost
โ†‘ 15.1%
More expensive
Monthly Impact
$1,136
Extra cost
Annual Impact
$13.6K
Per year

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

South Valley CDP, NM

Population:38K
Cost Index:100
Median Home:$337K

Nashville, TN

Population:689K
Cost Index:115
Median Home:$489K

South Valley CDP, NM

The Land of Enchantment

38K
Population
State Tax
Yes

Located in New Mexico, this city has a population of 38K residents.

Nashville, TN

The Volunteer State

689K
Population
State Tax
No Income Tax
Climate
Humid subtropical

Notable Facts

  • โ€ขMusic City USA
  • โ€ขCountry music capital
  • โ€ขHealthcare industry hub

Major Industries

Music IndustryHealthcareTourismFinance

Cost Breakdown by Category

Annual spending: South Valley CDP, NM vs Nashville, TN

๐Ÿ Housing
โ†‘ 36.8%
South Valley CDP, NM
$1,938
Nashville, TN
$2,651
Difference
$713
more
๐Ÿ“ฆOther
โ†‘ 19.6%
South Valley CDP, NM
$1,624
Nashville, TN
$1,942
Difference
$318
more
๐ŸฅHealthcare
โ†‘ 14.8%
South Valley CDP, NM
$529
Nashville, TN
$607
Difference
$78.12
more
โšกAll Utilities
โ†‘ 6.4%
South Valley CDP, NM
$488
Nashville, TN
$519
Difference
$31.29
more
๐Ÿš—Transportation
โ†‘ 1.9%
South Valley CDP, NM
$1,260
Nashville, TN
$1,284
Difference
$23.54
more
๐Ÿ›’Groceries
โ†‘ 2.0%
South Valley CDP, NM
$931
Nashville, TN
$949
Difference
$18.44
more

๐Ÿ Rent Comparison

Studio
From$600
To$1,600
โ†‘ $1,000
1 Bed
From$680
To$1,680
โ†‘ $1,000
2 Bed
From$840
To$1,840
โ†‘ $1,000
3 Bed
From$1,120
To$2,350
โ†‘ $1,230
Nashville, TNZIP-level data

1BR range: $1,320โ€“$2,230/mo

๐Ÿ’ก 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.

$6,770
Monthly in South Valley CDP, NM
$7,952
Monthly in Nashville, TN
$1,182
Difference

Home Values

South Valley CDP
Nashville
-
Median Value
$489K
-
YoY Change
โ†“ -2.1%
-
5-Year Change
โ†‘ +32.1%
-
Price Range
$320K - $1.16M

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†‘ $7.1K
Per year
Monthly Difference
$589
More take-home
Effective Rate Diff
4.7%
Rate difference

South Valley CDP, NM

Federal Income Tax
Effective: 18.9%
$25.5K
New Mexico State Tax
Effective: 4.7%
$7.1K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.4%
$44.1K
Take-Home Pay
$8,826/month
$105.9K

Nashville, TN

Federal Income Tax
Effective: 18.9%
$25.5K
Tennessee State Tax
No state income tax
$0
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

South Valley CDP, NM Tax Rates

Sales Tax:7.6%
Property Tax:0.8%

Nashville, TN Tax Rates

Sales Tax:9.5%
Property Tax:0.7%

๐Ÿ’ก 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.

Environment

South Valley CDP
Nashville
61 Moderate
Air Quality
50 Good
27.3%
Good Air Days
51.6%
94 High
Climate Risk
97 High
๐ŸŒŠ
Top Hazards
๐ŸŒŠ๐Ÿซจ๐ŸŒช
โ–ฒ+3.0ยฐF
2050 Outlook
โ–ฒ+2.8ยฐF
63 days
Heat Days >95ยฐF
42 days
โ–ฒ+3.0ยฐF
2050 Outlook
โ–ฒ+2.8ยฐF
63 days
Heat Days >95ยฐF
42 days

๐Ÿ’ฐ See how taxes change too โ€” compare take-home pay between New Mexico and Tennessee on TaxTakeHome.com

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