CostIndexUSA

Albuquerque, NM vs Nashville, TN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNM
Albuquerque
95.5
overall index
$1,525/mo rent
TN
Nashville
96.3
overall index
$1,775/mo rent

Albuquerque is slightly cheaper than Nashville — 0.8% lower overall cost of living.

To match an $80,000 salary in Albuquerque, you would need $80,700 in Nashville. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+17.3%
Albuquerque
89.2
Nashville
104.6
🛒 Groceries≈ Equal
Albuquerque
96.1
Nashville
96.2
🚗 Transportation3.5%
Albuquerque
103.5
Nashville
99.9
🏥 Healthcare3.4%
Albuquerque
93.6
Nashville
90.4
Utilities7.6%
Albuquerque
77.9
Nashville
72

Salary Equivalency Calculator

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

$
Equivalent salary in Nashville, TN
$80,700
$700 more needed in Nashville

Formula: salary × (96.3 ÷ 95.5) = salary × 1.0084. Based on BEA Regional Price Parities.

Housing Market

Albuquerque, NM

Median Home Price
$340,000
Median Monthly Rent
$1,525
Housing Index
89.2
Price-to-Rent Ratio
18.6×

Nashville, TN

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

Nashville has 17.3% higher housing costs compared to Albuquerque.

Income & Job Market

Albuquerque, NM

Median Household Income
$67,600
Per Capita Income
$38,500
Unemployment Rate
4.5%
Population
564,559
Top Industries
GovernmentHealthcareEducationMilitaryTechnology

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).

Albuquerque, NM
3.7×income-to-rent ratio

73% 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.