Cost of Living: Nashville, TN vs Westminster, CO (2026)

Nashville

Tennessee
110
VS

Westminster

Colorado
139

Nashville is 21% cheaper than Westminster.

$1,486/mo ↓ 18%
Median Rent
$1,816/mo ↑ 22%
$75,197/yr ↓ 22%
Median Income
$96,145/yr ↑ 28%
$383,100 ↓ 23%
Home Value
$497,400 ↑ 30%
$1,471/mo ↓ 20%
Owner Costs
$1,841/mo ↑ 25%
684,298
Population
115,546

Tax Comparison

0%
Income Tax
4.4%
7.0%
State Sales Tax
2.9%
0.64%
Property Tax
0.51%

Affordability

23.7%
rent-to-income
Affordability
22.7%
rent-to-income

Detailed Comparison

When comparing Nashville, TN and Westminster, CO, the overall cost of living indices are 110 and 139 respectively (national median = 100). Rent is $330/month cheaper in Nashville, saving renters about $3,960/year.

Median household income is $20,948/year higher in Westminster. Home values also differ significantly — the median in Nashville is $383,100 compared to $497,400 in Westminster.

Tennessee has no state income tax, giving Nashville residents a significant tax advantage over Colorado's 4.4% rate.

Frequently Asked Questions

Nashville vs Westminster — common questions

Is Nashville or Westminster cheaper to live in?
Based on our cost index, Nashville is cheaper to live in with an index of 110 compared to 139 (US average = 100).
What is the rent difference between Nashville and Westminster?
Median rent in Nashville is $1,486/month and in Westminster it's $1,816/month — a difference of $330/month.
Which city has higher income, Nashville or Westminster?
Median household income is $75,197 in Nashville and $96,145 in Westminster. Median household income is $20,948/year higher in Westminster.
How do taxes compare between Tennessee and Colorado?
Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Nashville or Westminster?
It depends on your priorities. Nashville has a cost index of 110 with median rent of $1,486/mo, while Westminster has a cost index of 139 with rent of $1,816/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Nashville details → View Westminster details →

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