Cost of Living: Nashville-Davidson metropolitan government (balance), Tennessee, TN vs El Paso, TX (2026)

Nashville-Davidson metropolitan government (balance), Tennessee

Tennessee

110

El Paso

Texas

Nashville-Davidson metropolitan government (balance), Tennessee is 43% more expensive than El Paso.

$1,486/mo ↑ 43%

Median Rent

$1,041/mo ↓ 30%

$75,197/yr ↑ 28%

Median Income

$58,734/yr ↓ 22%

$383,100 ↑ 123%

Home Value

$171,700 ↓ 55%

$1,471/mo ↑ 41%

Owner Costs

$1,044/mo ↓ 29%

684,298

Population

678,147

Tax Comparison

Income Tax

7.0%

Sales Tax

6.25%

0.64%

Property Tax

1.6%

Affordability

23.7%

rent-to-income

Affordability

21.3%

rent-to-income

Detailed Comparison

When comparing Nashville-Davidson metropolitan government (balance), Tennessee, TN and El Paso, TX, the overall cost of living indices are 110 and 67 respectively (national median = 100). Rent is $445/month cheaper in El Paso, saving renters about $5,340/year.

Median household income is $16,463/year higher in Nashville-Davidson metropolitan government (balance), Tennessee. Home values also differ significantly — the median in Nashville-Davidson metropolitan government (balance), Tennessee is $383,100 compared to $171,700 in El Paso.

Frequently Asked Questions

Nashville-Davidson metropolitan government (balance), Tennessee vs El Paso — common questions

Is Nashville-Davidson metropolitan government (balance), Tennessee or El Paso cheaper to live in?

Based on our cost index, El Paso is cheaper to live in with an index of 67 compared to 110 (US average = 100).

What is the rent difference between Nashville-Davidson metropolitan government (balance), Tennessee and El Paso?

Median rent in Nashville-Davidson metropolitan government (balance), Tennessee is $1,486/month and in El Paso it's $1,041/month — a difference of $445/month.

Which city has higher income, Nashville-Davidson metropolitan government (balance), Tennessee or El Paso?

Median household income is $75,197 in Nashville-Davidson metropolitan government (balance), Tennessee and $58,734 in El Paso. Median household income is $16,463/year higher in Nashville-Davidson metropolitan government (balance), Tennessee.

How do taxes compare between Tennessee and Texas?

Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.

Should I move to Nashville-Davidson metropolitan government (balance), Tennessee or El Paso?

It depends on your priorities. Nashville-Davidson metropolitan government (balance), Tennessee has a cost index of 110 with median rent of $1,486/mo, while El Paso has a cost index of 67 with rent of $1,041/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.