Cost of Living: Nashville, TN vs Waterbury, CT (2026)

Nashville

Tennessee
110
VS

Waterbury

Connecticut
76

Nashville is 45% more expensive than Waterbury.

$1,486/mo ↑ 26%
Median Rent
$1,180/mo ↓ 21%
$75,197/yr ↑ 46%
Median Income
$51,642/yr ↓ 31%
$383,100 ↑ 107%
Home Value
$185,400 ↓ 52%
$1,471/mo ↑ 16%
Owner Costs
$1,273/mo ↓ 13%
684,298
Population
114,356

Tax Comparison

0%
Income Tax
6.99%
7.0%
State Sales Tax
6.35%
0.64%
Property Tax
2.15%

Affordability

23.7%
rent-to-income
Affordability
27.4%
rent-to-income

Detailed Comparison

When comparing Nashville, TN and Waterbury, CT, the overall cost of living indices are 110 and 76 respectively (national median = 100). Rent is $306/month cheaper in Waterbury, saving renters about $3,672/year.

Median household income is $23,555/year higher in Nashville. Home values also differ significantly — the median in Nashville is $383,100 compared to $185,400 in Waterbury.

Tennessee has no state income tax, giving Nashville residents a significant tax advantage over Connecticut's 6.99% rate.

Frequently Asked Questions

Nashville vs Waterbury — common questions

Is Nashville or Waterbury cheaper to live in?
Based on our cost index, Waterbury is cheaper to live in with an index of 76 compared to 110 (US average = 100).
What is the rent difference between Nashville and Waterbury?
Median rent in Nashville is $1,486/month and in Waterbury it's $1,180/month — a difference of $306/month.
Which city has higher income, Nashville or Waterbury?
Median household income is $75,197 in Nashville and $51,642 in Waterbury. Median household income is $23,555/year higher in Nashville.
How do taxes compare between Tennessee and Connecticut?
Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. Connecticut has 6.99% income tax, 6.35% sales tax, and 2.15% property tax.
Should I move to Nashville or Waterbury?
It depends on your priorities. Nashville has a cost index of 110 with median rent of $1,486/mo, while Waterbury has a cost index of 76 with rent of $1,180/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Nashville details → View Waterbury details →

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