CostIndexUSA

Medford, OR vs Nashville, TN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

OR
Medford
101.4
overall index
$1,700/mo rent
More AffordableTN
Nashville
96.3
overall index
$1,775/mo rent

Nashville is moderately cheaper than Medford — 5.0% lower overall cost of living.

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

Category Breakdown

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

🏠 Housing+7.1%
Medford
97.7
Nashville
104.6
🛒 Groceries8.6%
Medford
105.3
Nashville
96.2
🚗 Transportation5.1%
Medford
105.3
Nashville
99.9
🏥 Healthcare5.1%
Medford
95.3
Nashville
90.4
Utilities29.6%
Medford
102.3
Nashville
72

Salary Equivalency Calculator

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

$
Equivalent salary in Nashville, TN
$76,000
$4,000 less needed in Nashville

Formula: salary × (96.3 ÷ 101.4) = salary × 0.9497. Based on BEA Regional Price Parities.

Housing Market

Medford, OR

Median Home Price
$425,000
Median Monthly Rent
$1,700
Housing Index
97.7
Price-to-Rent Ratio
20.8×

Nashville, TN

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

Nashville has 7.1% higher housing costs compared to Medford.

Income & Job Market

Medford, OR

Median Household Income
$71,700
Per Capita Income
$40,900
Unemployment Rate
4.3%
Population
85,824
Top Industries
HealthcareAgricultureRetailManufacturingTourism

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).

Medford, OR
3.5×income-to-rent ratio

72% 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.