New York, NY vs Nashville, TN
Compare rent, home prices, and affordability for up to 3 US cities.
The Verdict
Nashville, TN is cheaper — a 2-bedroom averages $1,827/mo versus $2,780/mo in New York, NY, 34% ($953/mo) less. Over a year that is $11,436 more in rent for the same size unit.
Income Needed
To rent a 2-bedroom without exceeding the 30% rule, you need about $111,200/year in New York, NY versus $73,080/year in Nashville, TN — a $38,120 difference in required salary.
Home Prices
The median home costs $436,519 in Nashville, TN versus $817,745 in New York, NY — 87% higher. Buyers priced out of New York, NY may find Nashville, TN more attainable.
Select Cities (2/3)
New York, NY
Nashville, TN
| Metric | New York NY | Nashville TN |
|---|---|---|
| Studio Rent | $2,406 | $1,589✓ |
| 1BR Rent | $2,511 | $1,650✓ |
| 2BR Rent | $2,780 | $1,827✓ |
| 3BR Rent | $3,465 | $2,308✓ |
| 4BR Rent | $3,738 | $2,840✓ |
| Median Home Value | $817,745 | $436,519✓ |
| Price per sqft | — | — |
| Median Income | $97,334 | $82,499✓ |
| Income to Rent 2BR | $111,200/yr | $73,080/yr✓ |