Moving to Nashville, TN in 2023? Complete Moving Guide

That means the average cost of living in Nashville is slightly higher than the national average. Since you’re considering moving to Nashville, here are the average costs of living in the city compared to the state and national average:

Nashville’s housing market

Are you interested in buying or renting a home while planning your move to Nashville, Tennessee? The music city is one of the best places to live in the state and the U.S. The following are key stats about the city’s housing market if you’re moving to Nashville:

• Nashville’s median home value is $341,700
• Over the last 10 years, home values in the city have risen by 109.8%
• Currently, home value in the city is up by 14.2%
• Around 50% of Nashville’s population are homeowners
• Up to 3.2% of homes and apartments in Nashville are available to rent

Median home rental costs in Nashville, TN

If you prefer renting a home or an apartment when moving to Nashville, TN, you’ll most likely be interested in the average home rental costs in the city. Check out the prices below to get an idea of what to expect if you’re moving to Nashville;

• The average cost of a studio apartment in Nashville is $1,029
• The average cost of a 1-bedroom home or apartment in Nashville is $1,049
• The average cost of a 1-bedroom home or apartment in Nashville is $1,195
• The average cost of a 1-bedroom home or apartment in Nashville is $1,514
• The average cost of a 1-bedroom home or apartment in Nashville is $1,884

That metric is a strong indication of the city’s robust economy. If you’re moving to Nashville, TN and interested in the city’s job market, here are quick stats that tells the whole story:

• Nashville’s unemployment rate is 4.5%. The national average is 6.0%
• Over the past year, Nashville’s number of jobs has increased by 2.4%
• Nashville’s future job growth (48.29%) is higher than the U.S. average (33.51%)
• Getting a job in Nashville is easier compared to several other similar-sized cities in the U.S.

Top career options in Nashville

If you’re interested in the highest-paying jobs in Nashville, you’ll have to take a look at the top career options in the city. We’ve compiled a list of the top ten career options in the music city if you’re moving to Nashville, TN:

Since you’re mulling over moving to Nashville, here are key taxes to look out for:

• There are no income taxes in Tennessee
• Tennessee’s sales tax is 7.00% - 9.75%
• Tennessee’s property tax is 0.64% average effective rate
• The gas tax in Tennessee is 26 cents per gallon of regular gasoline
• For diesel, the gas tax is 27 cents per gallon

The city is also home to several remarkable places you’d love to see and explore. All that is only possible if you’re moving to Nashville, TN. Here’s a list of the best things you can do if you’re moving to Nashville, TN.

• Hang out at Pinewood Social
• See the Parthenon
• Try biscuits at Loveless Cafe
• Enjoy the view at a rooftop bar
• Shop at Marathon Village
• Seek out street art
• Tour Belmont Mansion
• Try hot chicken
• Visit Robert’s Western World
• Stroll the Seigenthaler pedestrian bridge
• Hang out in Printers Alley
• Visit the Hermitage Hotel
• Go wine tasting at Arrington Vineyards

Tip:Often, you feel like calculating the moving cost before you connect with a moving company. To help you, we've got a free moving cost calculator.

Safest neighborhoods to live In Nashville

Nashville is home to several beautiful and livable neighborhoods. If you’re interested in living in some of the safest neighborhoods after moving to Nashville, we’ve made a list of the top ten safest neighborhoods in the city. Check out the list below: