CostIndexUSA

Modesto, CA vs Nashville, TN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CA
Modesto
104.1
overall index
$2,100/mo rent
More AffordableTN
Nashville
96.3
overall index
$1,775/mo rent

Nashville is moderately cheaper than Modesto — 7.5% lower overall cost of living.

To match an $80,000 salary in Modesto, you would need $74,000 in Nashville. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing3.6%
Modesto
108.5
Nashville
104.6
🛒 Groceries8.6%
Modesto
105.2
Nashville
96.2
🚗 Transportation5.1%
Modesto
105.3
Nashville
99.9
🏥 Healthcare5.1%
Modesto
95.3
Nashville
90.4
Utilities52.7%
Modesto
152.3
Nashville
72

Salary Equivalency Calculator

Enter your current salary in Modesto to see what you'd need to earn in Nashville to maintain the same purchasing power.

$
Equivalent salary in Nashville, TN
$74,000
$6,000 less needed in Nashville

Formula: salary × (96.3 ÷ 104.1) = salary × 0.9251. Based on BEA Regional Price Parities.

Housing Market

Modesto, CA

Median Home Price
$457,000
Median Monthly Rent
$2,100
Housing Index
108.5
Price-to-Rent Ratio
18.1×

Nashville, TN

Median Home Price
$444,000
Median Monthly Rent
$1,775
Housing Index
104.6
Price-to-Rent Ratio
20.8×

Modesto has 3.6% lower housing costs compared to Nashville.

Income & Job Market

Modesto, CA

Median Household Income
$82,800
Per Capita Income
$47,200
Unemployment Rate
6.6%
Population
218,464
Top Industries
AgricultureHealthcareManufacturingRetailEducation

Nashville, TN

Median Household Income
$84,700
Per Capita Income
$48,300
Unemployment Rate
2.6%
Population
689,447
Top Industries
HealthcareMusicTourismManufacturingFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Modesto, CA
3.3×income-to-rent ratio

70% of income left after rent (median)

Nashville, TN
4.0×income-to-rent ratio

75% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.