Cost of Living: Nashville, TN vs El Paso, TX (2026)
Nashville
Tennessee
110
VS
El Paso
Texas
67
Nashville 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
0%
Income Tax
0%
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, 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. Home values also differ significantly — the median in Nashville is $383,100
compared to $171,700 in El Paso.
Frequently Asked Questions
Nashville vs El Paso — common questions
Is Nashville 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 and El Paso?
Median rent in Nashville is $1,486/month and in El Paso it's $1,041/month — a difference of $445/month.
Which city has higher income, Nashville or El Paso?
Median household income is $75,197 in Nashville and $58,734 in El Paso. Median household income is $16,463/year higher in Nashville.
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 or El Paso?
It depends on your priorities. Nashville 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.