CostIndexUSA

Colorado Springs, CO vs Nashville, TN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Colorado Springs
100.7
overall index
$1,675/mo rent
More AffordableTN
Nashville
96.3
overall index
$1,775/mo rent

Nashville is slightly cheaper than Colorado Springs — 4.4% lower overall cost of living.

To match an $80,000 salary in Colorado Springs, you would need $76,500 in Nashville. Calculate your salary ↓

Category Breakdown

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

🏠 Housing10.0%
Colorado Springs
116.2
Nashville
104.6
🛒 Groceries≈ Equal
Colorado Springs
96.1
Nashville
96.2
🚗 Transportation4.7%
Colorado Springs
104.8
Nashville
99.9
🏥 Healthcare4.6%
Colorado Springs
94.8
Nashville
90.4
Utilities13.5%
Colorado Springs
83.2
Nashville
72

Salary Equivalency Calculator

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

$
Equivalent salary in Nashville, TN
$76,500
$3,500 less needed in Nashville

Formula: salary × (96.3 ÷ 100.7) = salary × 0.9563. Based on BEA Regional Price Parities.

Housing Market

Colorado Springs, CO

Median Home Price
$448,000
Median Monthly Rent
$1,675
Housing Index
116.2
Price-to-Rent Ratio
22.3×

Nashville, TN

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

Colorado Springs has 10.0% lower housing costs compared to Nashville.

Income & Job Market

Colorado Springs, CO

Median Household Income
$89,800
Per Capita Income
$51,200
Unemployment Rate
4.2%
Population
478,961
Top Industries
MilitaryAerospaceTechnologyHealthcareTourism

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).

Colorado Springs, CO
4.5×income-to-rent ratio

78% 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.