Cost Of Living Rising In Nashville, Study Says

NASHVILLE, Tenn. - It’s getting more and more expensive to live in Nashville, according a new study.

Music City came in at number one GoBankingRates.com’s list of top 10 U.S. cities where the cost of living is rising.

The website conducted a study to identify which cities have seen the largest cost of living increase over a one-year period from 2016-2017, including metrics:

  • The increase in cost of living, including food, rent, utilities and transportation.
  • The increase of income required to live comfortably.

According to the website, the median list price for a home rose by almost 30 percent - from under $260,000 to nearly $340,000 - from April 2015 to April 2017. 

The study found it takes a salary of $70,150 to live in Nashville.

Here’s the full list of cities:

  1. Nashville
  2. Seattle
  3. Louisville
  4. Austin
  5. Jacksonville
  6. Los Angeles
  7. Philadelphia
  8. Virginia Beach
  9. Indianapolis
  10. New Orleans

 

 

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