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Real Estate

One advantage Nashville has to offer that is not always characteristic of large cities is that the cost of living here is low. The chart below compares the cost of living and the price of an average home as compared to peer cities.
City Average Residential Home Price Average Apartment Rental Rates
Nashville $201,500 $682
Boston $486,700 $1,411
Philadelphia $355,244 $1,238
San Diego $641,970 $1,522
Cleveland $267,240 $941
Denver $304,011 $715
Raleigh $208,174 $625
Orlando $215,858 $710
New York $994,175 $3,487
Phoenix $994,175 $3,487
Atlanta $255,348 $722
Charlotte $218,550 $665
Chicago $437,495 $1,449
St. Louis $241,561 $797
Dallas $195,056 $804
Source: Nashville Area Chamber of Commerce and ACCRA Cost of Living Index, First Quarter 2005