CostIndexUSA

Akron, OH vs Nashville, TN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableOH
Akron
93.4
overall index
$1,225/mo rent
TN
Nashville
96.3
overall index
$1,775/mo rent

Akron is slightly cheaper than Nashville — 3.1% lower overall cost of living.

To match an $80,000 salary in Akron, you would need $82,500 in Nashville. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+36.2%
Akron
76.8
Nashville
104.6
🛒 Groceries+2.8%
Akron
93.6
Nashville
96.2
🚗 Transportation3.8%
Akron
103.9
Nashville
99.9
🏥 Healthcare3.8%
Akron
94
Nashville
90.4
Utilities25.3%
Akron
96.4
Nashville
72

Salary Equivalency Calculator

Enter your current salary in Akron to see what you'd need to earn in Nashville to maintain the same purchasing power.

$
Equivalent salary in Nashville, TN
$82,500
$2,500 more needed in Nashville

Formula: salary × (96.3 ÷ 93.4) = salary × 1.0310. Based on BEA Regional Price Parities.

Housing Market

Akron, OH

Median Home Price
$225,000
Median Monthly Rent
$1,225
Housing Index
76.8
Price-to-Rent Ratio
15.3×

Nashville, TN

Median Home Price
$444,000
Median Monthly Rent
$1,775
Housing Index
104.6
Price-to-Rent Ratio
20.8×

Nashville has 36.2% higher housing costs compared to Akron.

Income & Job Market

Akron, OH

Median Household Income
$70,100
Per Capita Income
$40,000
Unemployment Rate
4.2%
Population
190,469
Top Industries
ManufacturingHealthcareEducationTechnologyFinance

Nashville, TN

Median Household Income
$84,700
Per Capita Income
$48,300
Unemployment Rate
2.6%
Population
689,447
Top Industries
HealthcareMusicTourismManufacturingFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Akron, OH
4.8×income-to-rent ratio

79% of income left after rent (median)

Nashville, TN
4.0×income-to-rent ratio

75% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.