CostIndexUSA

Columbia, MO vs Nashville, TN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableMO
Columbia
89.4
overall index
$1,350/mo rent
TN
Nashville
96.3
overall index
$1,775/mo rent

Columbia is moderately cheaper than Nashville — 7.7% lower overall cost of living.

To match an $80,000 salary in Columbia, you would need $86,200 in Nashville. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+51.2%
Columbia
69.2
Nashville
104.6
🛒 Groceries+2.1%
Columbia
94.2
Nashville
96.2
🚗 Transportation+2.3%
Columbia
97.7
Nashville
99.9
🏥 Healthcare+2.3%
Columbia
88.4
Nashville
90.4
Utilities16.3%
Columbia
86
Nashville
72

Salary Equivalency Calculator

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

$
Equivalent salary in Nashville, TN
$86,200
$6,200 more needed in Nashville

Formula: salary × (96.3 ÷ 89.4) = salary × 1.0772. Based on BEA Regional Price Parities.

Housing Market

Columbia, MO

Median Home Price
$308,000
Median Monthly Rent
$1,350
Housing Index
69.2
Price-to-Rent Ratio
19.0×

Nashville, TN

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

Nashville has 51.2% higher housing costs compared to Columbia.

Income & Job Market

Columbia, MO

Median Household Income
$69,400
Per Capita Income
$39,600
Unemployment Rate
2.9%
Population
126,254
Top Industries
EducationHealthcareGovernmentTechnologyFinance

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).

Columbia, MO
4.3×income-to-rent ratio

77% 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.