Cost of Living: Nashville, TN vs Peoria, AZ (2026)

Nashville

Tennessee
110
VS

Peoria

Arizona
125

Nashville is 12% cheaper than Peoria.

$1,486/mo ↓ 15%
Median Rent
$1,743/mo ↑ 17%
$75,197/yr ↓ 19%
Median Income
$93,403/yr ↑ 24%
$383,100 ↓ 11%
Home Value
$429,400 ↑ 12%
$1,471/mo ↓ 7%
Owner Costs
$1,589/mo ↑ 8%
684,298
Population
194,338

Tax Comparison

0%
Income Tax
2.5%
7.0%
State Sales Tax
5.6%
0.64%
Property Tax
0.62%

Affordability

23.7%
rent-to-income
Affordability
22.4%
rent-to-income

Detailed Comparison

When comparing Nashville, TN and Peoria, AZ, the overall cost of living indices are 110 and 125 respectively (national median = 100). Rent is $257/month cheaper in Nashville, saving renters about $3,084/year.

Median household income is $18,206/year higher in Peoria. Home values also differ significantly — the median in Nashville is $383,100 compared to $429,400 in Peoria.

Tennessee has no state income tax, giving Nashville residents a significant tax advantage over Arizona's 2.5% rate.

Frequently Asked Questions

Nashville vs Peoria — common questions

Is Nashville or Peoria cheaper to live in?
Based on our cost index, Nashville is cheaper to live in with an index of 110 compared to 125 (US average = 100).
What is the rent difference between Nashville and Peoria?
Median rent in Nashville is $1,486/month and in Peoria it's $1,743/month — a difference of $257/month.
Which city has higher income, Nashville or Peoria?
Median household income is $75,197 in Nashville and $93,403 in Peoria. Median household income is $18,206/year higher in Peoria.
How do taxes compare between Tennessee and Arizona?
Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax.
Should I move to Nashville or Peoria?
It depends on your priorities. Nashville has a cost index of 110 with median rent of $1,486/mo, while Peoria has a cost index of 125 with rent of $1,743/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Nashville details → View Peoria details →

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