A detailed side-by-side comparison of the cost of living, housing prices, income levels, and overall affordability between Los Angeles, CA and Nashville, TN.
CA
Population: 3,820,914
TN
Population: 658,525
National average = 100. Higher values indicate a more expensive area.
| Metric | Los Angeles, CA | Nashville, TN | Difference |
|---|---|---|---|
| Cost of Living Index | 170 | 105 | +61.9% |
| Median Home Price | $850,000 | $400,000 | +112.5% |
| Property Tax Rate | 0.76% | 0.66% | +15.2% |
| Median Household Income | $75,902 | $64,582 | +17.5% |
| Population | 3,820,914 | 658,525 | +480.2% |
Nashville, TN is 61.9% cheaper to live in than Los Angeles, CA, based on the overall cost of living index.
Home Price Difference
$450,000
Nashville, TN is cheaper by 112.5%
Income Difference
$11,320
Los Angeles, CA earns more by 17.5%
Price-to-income ratio: median home price divided by median household income. A lower ratio indicates more affordable housing.
Los Angeles, CA
11.2x
$850,000 / $75,902
Nashville, TN
6.2x
$400,000 / $64,582
Overall, Nashville, TN is the more affordable city to live in. With a cost of living index of 105 compared to 170, a median home price of $400,000, and a price-to-income ratio of 6.2x, Nashville, TN offers better value for residents looking to stretch their dollar further. However, the median household income in Los Angeles, CA ($75,902) is higher, which may offset some of the cost differences.