Is Nashville, TN cheaper than Toledo, OH?

Based on cost of living data, Nashville, TN is 13.7% more expensive than Toledo, OH. This translates to spending an extra $1030 per month.

What salary do I need in Nashville, TN to live like I do in Toledo, OH?

If you earn $150,000 in Toledo, OH, you'd need approximately $162,357.084 in Nashville, TN to maintain the same standard of living.

How does housing cost compare between Toledo, OH and Nashville, TN?

Housing in Nashville, TN is 65.2% more expensive than in Toledo, OH. For a two-bedroom apartment, rent is $1,840/month in Nashville, TN compared to $1,075/month in Toledo, OH.

How much can I save per month by moving from Toledo, OH to Nashville, TN?

Living in Nashville, TN costs approximately $1030 more per month than Toledo, OH, or $12357 more per year, based on a $150,000 salary.

Toledo, OH vs Nashville, TN: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Toledo, OH — ZIP-level rent data · COL adjusted from Detroit, MI area

Current salary in Toledo, OH

Numbers update automatically as you type

You'd spend $1.0K/month more in Nashville, TN

$150.0K in your current city equals $162.4K in Nashville, TN

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

Overall Cost

↑ 13.7%

More expensive

Monthly Impact

$1,030

Extra cost

Annual Impact

$12.4K

Per year

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

Toledo, OH

Population:265K

Cost Index:100

Median Home:$130K

Nashville, TN

Population:689K

Cost Index:114

Median Home:$489K

Toledo, OH

The Buckeye State

265K

Population

State Tax

Yes

Located in Ohio, this city has a population of 265K 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: Toledo, OH vs Nashville, TN

Category	Toledo, OH	Nashville, TN	Difference	Change
🏠Housing	$1,605/mo	$2,651/mo	↑ $1,046more	65.2%
🚗Transportation	$1,617/mo	$1,284/mo	↓ $333less	20.6%
📦Other	$1,723/mo	$1,942/mo	↑ $219more	12.7%
⚡All Utilities	$565/mo	$519/mo	↓ $46.31less	8.2%
🏥Healthcare	$572/mo	$607/mo	↑ $35.21more	6.2%
🛒Groceries	$963/mo	$949/mo	↓ $13.74less	1.4%

🏠Housing

↑ 65.2%

Toledo, OH

$1,605

Nashville, TN

$2,651

Difference

$1,046

🚗Transportation

↓ 20.6%

Toledo, OH

$1,617

Nashville, TN

$1,284

Difference

$333

less

📦Other

↑ 12.7%

Toledo, OH

$1,723

Nashville, TN

$1,942

Difference

$219

⚡All Utilities

↓ 8.2%

Toledo, OH

$565

Nashville, TN

$519

Difference

$46.31

less

🏥Healthcare

↑ 6.2%

Toledo, OH

$572

Nashville, TN

$607

Difference

$35.21

🛒Groceries

↓ 1.4%

Toledo, OH

$963

Nashville, TN

$949

Difference

$13.74

less

🏛️ Local Income Taxes

Toledo, OH: Toledo Municipal Income Tax$3,750/yr (2.5%)

Nashville, TN has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

🏠Rent Comparison

Studio

From$772

To$1,600

↑ $828

1 Bed

From$818

To$1,680

↑ $862

2 Bed

From$1,075

To$1,840

↑ $765

3 Bed

From$1,379

To$2,350

↑ $971

Toledo, OHZIP-level data

1BR range: $740–$930/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.

$7,045

Monthly in Toledo, OH

$7,952

Monthly in Nashville, TN

$908

Difference

Home Values

Toledo

Nashville

$130K

Median Value

$489K

↑ +5.6%

YoY Change

↓ -2.1%

↑ +41%

5-Year Change

↑ +32.1%

$47K - $314K

Price Range

$320K - $1.16M

Homes in Nashville are 277% more expensive than Toledo

Calculate payment - Toledo Calculate payment - Nashville

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $4.4K

Per year

Monthly Difference

$369

More take-home

Effective Rate Diff

3.0%

Rate difference

Toledo, OH

Federal Income Tax

Effective: 18.9%

$25.5K

Ohio State Tax

Effective: 3.0%

$4.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 27.6%

$41.4K

Take-Home Pay

$9,047/month

$108.6K

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

Toledo, OH Tax Rates

Sales Tax:7.2%

Property Tax:1.6%

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.