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Cost Of Living Rising In Nashville, Study Says

Posted at 12:30 PM, Jul 10, 2017

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
  1. Seattle
  1. Louisville
  1. Austin
  1. Jacksonville
  1. Los Angeles
  1. Philadelphia
  1. Virginia Beach
  1. Indianapolis
  1. New Orleans