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Quick answer

Nashville is 50% cheaper than Minneapolis overall. A $100K salary in Minneapolis is equivalent to $50,000 in Nashville.

Cost of Living Comparison · 2026

Minneapolis vs Nashville Cost of Living (2026)

Side-by-side cost comparison plus a salary calculator to find your equivalent pay in either city.

Overall COL difference

Nashville is 50% cheaper

1BR rent difference

+10% (B vs A)

$100K in A = in B

$50,000

Minneapolis vs Nashville: Side-by-Side

Category
Minneapolis
Nashville
Diff

1BR median rent

$1,380/mo

$1,520/mo

+10%

2BR median rent

$1,750/mo

$1,950/mo

+11%

Median home price

$320K

$445K

+39%

Avg monthly groceries

$360

$355

-1%

Avg monthly utilities

$155

$160

+3%

State income tax

Up to 9.85%

None

Nashville saves

Walk score

69/100

28/100

Minneapolis better

Transit score

55/100

22/100

Minneapolis better

Salary Equivalency Calculator

How much you need to earn in Nashville to maintain the same standard of living as your current Minneapolis salary — and vice versa.

Minneapolis salary
Nashville equivalent
Nashville salary → Minneapolis equiv.

$60,000

$30,000

$120,000

$80,000

$40,000

$161,000

$100,000

$50,000

$201,000

$120,000

$60,000

$241,000

$150,000

$75,000

$301,000

Calculated using a weighted index: rent (40%), home prices (20%), groceries (20%), utilities (10%), state income tax (10%). Individual lifestyles vary.

Monthly Budget: Minneapolis vs Nashville

Minneapolis, MN
1BR rent$1,380/mo
Groceries$360/mo
Utilities$155/mo
Transport (est.)$350/mo
State income taxUp to 9.85%
Essentials total$2,245/mo
Nashville, TN
1BR rent$1,520/mo
Groceries$355/mo
Utilities$160/mo
Transport (est.)$350/mo
State income taxNone
Essentials total$2,385/mo

Who Each City Is Best For

Minneapolis is best for

  • corporate professionals
  • healthcare workers
  • outdoor enthusiasts (winter sports)
  • arts and culture seekers

Nashville is best for

  • healthcare workers
  • music industry professionals
  • entrepreneurs
  • young professionals

FAQs

Is Minneapolis or Nashville cheaper to live in?

Nashville is 50% cheaper than Minneapolis overall. Nashville 1BR rent ($1,520/mo) vs Minneapolis ($1,380/mo). Median home price: Nashville $445K vs Minneapolis $320K.

How much salary do I need in Nashville to match $100K in Minneapolis?

$50,000 in Nashville is equivalent to $100,000 in Minneapolis based on cost of living differences. The biggest factors are rent (+10% difference) and state taxes (Minneapolis: Up to 9.85% vs Nashville: None).

What is the rent difference between Minneapolis and Nashville?

1BR: Minneapolis $1,380/mo vs Nashville $1,520/mo (+10%). 2BR: Minneapolis $1,750/mo vs Nashville $1,950/mo (+11%).

Does Minneapolis or Nashville have lower taxes?

Minneapolis (MN) has Up to 9.85% state income tax. Nashville (TN) has None state income tax. On a $100K salary, the annual tax difference is ~$9,850.