CostIndexUSA

Merced, CA vs Nashville, TN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CA
Merced
98.3
overall index
$1,850/mo rent
More AffordableTN
Nashville
96.3
overall index
$1,775/mo rent

Nashville is slightly cheaper than Merced — 2.0% lower overall cost of living.

To match an $80,000 salary in Merced, you would need $78,400 in Nashville. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+33.1%
Merced
78.6
Nashville
104.6
🛒 Groceries8.6%
Merced
105.2
Nashville
96.2
🚗 Transportation5.1%
Merced
105.3
Nashville
99.9
🏥 Healthcare5.1%
Merced
95.3
Nashville
90.4
Utilities54.5%
Merced
158.3
Nashville
72

Salary Equivalency Calculator

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

$
Equivalent salary in Nashville, TN
$78,400
$1,600 less needed in Nashville

Formula: salary × (96.3 ÷ 98.3) = salary × 0.9797. Based on BEA Regional Price Parities.

Housing Market

Merced, CA

Median Home Price
$410,000
Median Monthly Rent
$1,850
Housing Index
78.6
Price-to-Rent Ratio
18.5×

Nashville, TN

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

Nashville has 33.1% higher housing costs compared to Merced.

Income & Job Market

Merced, CA

Median Household Income
$57,600
Per Capita Income
$32,800
Unemployment Rate
9.2%
Population
86,333
Top Industries
AgricultureEducationHealthcareGovernmentLogistics

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).

Merced, CA
2.6×income-to-rent ratio

61% 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.