Cost of Living: 10 Cheaper Alternatives to Nashville ZIP 37201

Nashville has become one of the hottest real estate markets in America, and the prices show it. At $8,500 a month, the city that used to be famous for affordability is pricing out a lot of the people drawn to its music, food, and community energy. These 10 cities share Nashville's warm, growing, music-and-food-forward character at a lower cost.

Your Current ZIP: 37201 (Nashville, TN)

Monthly Total *

$8,500/mo

Housing

$1,656/mo

Food

$1,130/mo

Median Home

$569,068

Median Family Income: $96,175/yr Explore Nashville ZIP Guide

* Monthly total includes housing, food, transportation, healthcare, childcare, taxes & other essentials. Based on a typical family household - individual costs will vary.

Cost of Living Alternatives at a Glance

All have a similar vibe to Nashville. Ranked by monthly savings, highest savings first.

Rank City State ZIP Save/mo Total/mo vs Nashville
1 Memphis TN 38103 $777/mo $7,723/mo 9% less
2 Little Rock AR 72135 $721/mo $7,779/mo 8% less
3 Albuquerque NM 87104 $475/mo $8,025/mo 6% less
4 Savannah GA 31401 $406/mo $8,094/mo 5% less
5 Tulsa OK 74131 $324/mo $8,176/mo 4% less
6 Lexington KY 40502 $315/mo $8,185/mo 4% less
7 Oklahoma City OK 73102 $259/mo $8,241/mo 3% less
8 Tucson AZ 85701 $160/mo $8,340/mo 2% less
9 Birmingham AL 35203 $103/mo $8,397/mo 1% less
10 Cincinnati OH 45202 $72/mo $8,428/mo 1% less

Details by ZIP Code

1

Memphis, TN (38103)

Save ~$777/mo

Get Nashville's music soul and Southern character without the Music City premium.

Memphis has the deepest music roots in America - blues, soul, rock and roll all trace back here. The South Main and Cooper-Young neighborhoods have the locally-owned restaurant and bar energy of Nashville's Germantown and East Nashville, and the city's riverfront and historic neighborhoods give it a visual character all its own. It's rawer and more authentic than Nashville has become, and meaningfully cheaper.

Monthly Total *

$7,723/mo

9% less than Nashville

Housing

$1,305/mo

Food

$1,043/mo

Transport

$1,416/mo

Median Home: $337,995 Median Income: $80,849/yr Annual Savings: $9,321

* Includes housing, food, transportation, healthcare, childcare, taxes & other essentials. Typical family household - individual costs will vary.

2

Little Rock, AR (72135)

Save ~$721/mo

Get Nashville's Southern community feel and growing city energy without the Tennessee premium.

Little Rock is a mid-size Southern capital with a River Market District that delivers genuine urban amenities - restaurants, bars, a farmers market, and waterfront access - without Nashville's price tag. The city has been growing steadily with healthcare and government employment, and the quality of life for the cost is exceptional. It has Nashville's warmth and community character without the tourist overlay.

Monthly Total *

$7,779/mo

8% less than Nashville

Housing

$1,115/mo

Food

$981/mo

Transport

$1,418/mo

Median Home: $350,502 Median Income: $83,080/yr Annual Savings: $8,655

* Includes housing, food, transportation, healthcare, childcare, taxes & other essentials. Typical family household - individual costs will vary.

3

Albuquerque, NM (87104)

Save ~$475/mo

Get Nashville's warm, arts-forward city energy in a high-desert Southwest setting.

Albuquerque has the warm climate, the arts community, and the locally-owned neighborhood character that Nashville residents value - built on a multicultural foundation of Native American and Hispanic history that gives it genuine depth. Old Town and Nob Hill have the walkable, creative-community energy of Nashville's 12 South and Germantown, and the Sandia Mountains provide an outdoor backdrop Nashville can't match.

Monthly Total *

$8,025/mo

6% less than Nashville

Housing

$1,197/mo

Food

$989/mo

Transport

$1,318/mo

Median Home: $353,636 Median Income: $84,404/yr Annual Savings: $5,694

* Includes housing, food, transportation, healthcare, childcare, taxes & other essentials. Typical family household - individual costs will vary.

4

Savannah, GA (31401)

Save ~$406/mo

Get Nashville's Southern charm and food culture on the Georgia coast.

Savannah has Spanish moss, a James Beard-recognized food scene, a historic downtown that stops visitors in their tracks, and the kind of warm Southern community character that draws people to Nashville in the first place. The city has been growing with Gulfstream Aerospace and other employers, and the coastal location adds a dimension Nashville can't offer. Still cheaper and with serious momentum.

Monthly Total *

$8,094/mo

5% less than Nashville

Housing

$1,457/mo

Food

$1,057/mo

Transport

$1,455/mo

Median Home: $575,786 Median Income: $85,265/yr Annual Savings: $4,867

* Includes housing, food, transportation, healthcare, childcare, taxes & other essentials. Typical family household - individual costs will vary.

5

Tulsa, OK (74131)

Save ~$324/mo

Get Nashville's growing Sunbelt energy and community without the Tennessee prices.

Tulsa has staged one of the most impressive urban revivals in the country. The Gathering Place riverfront park is genuinely world-class, the Brady Arts and Blue Dome districts have real creative energy, and the Art Deco architecture gives the city a visual identity unlike anywhere else. The tech sector is growing fast, the quality of life per dollar is exceptional, and the energy feels similar to Nashville five years ago.

Monthly Total *

$8,176/mo

4% less than Nashville

Housing

$986/mo

Food

$937/mo

Transport

$1,648/mo

Median Home: $272,215 Median Income: $79,386/yr Annual Savings: $3,886

* Includes housing, food, transportation, healthcare, childcare, taxes & other essentials. Typical family household - individual costs will vary.

6

Lexington, KY (40502)

Save ~$315/mo

Get Nashville's college-town energy and Southern lifestyle without the Music City markup.

Lexington has the equestrian elegance, the University of Kentucky-driven energy, and the Southern community warmth that Nashville has, in a more compact and walkable package. Chevy Chase Village and downtown have excellent dining and nightlife, the Bluegrass countryside is spectacular, and the cost of living is lower than Nashville's while the quality of life is comparable.

Monthly Total *

$8,185/mo

4% less than Nashville

Housing

$1,211/mo

Food

$984/mo

Transport

$1,409/mo

Median Home: $542,810 Median Income: $95,958/yr Annual Savings: $3,775

* Includes housing, food, transportation, healthcare, childcare, taxes & other essentials. Typical family household - individual costs will vary.

7

Oklahoma City, OK (73102)

Save ~$259/mo

Get Nashville's Sunbelt growth and community energy without the Tennessee real estate prices.

Oklahoma City has been quietly building one of the best urban cores in the South-Central region. Bricktown, Midtown, and the Plaza District have the entertainment and dining density of Nashville's hot neighborhoods, and the city's oil and aerospace economy provides stable employment. The cost of living is lower and the growth momentum is real.

Monthly Total *

$8,241/mo

3% less than Nashville

Housing

$1,072/mo

Food

$1,019/mo

Transport

$1,458/mo

Median Home: $310,997 Median Income: $82,710/yr Annual Savings: $3,112

* Includes housing, food, transportation, healthcare, childcare, taxes & other essentials. Typical family household - individual costs will vary.

8

Tucson, AZ (85701)

Save ~$160/mo

Get Nashville's warm lifestyle and university-town energy in a sunny desert setting.

Tucson has the warm weather, the University of Arizona-driven creative energy, and the locally-owned food and arts scene that make Nashville appealing - in a Southwest desert setting with 350+ days of sunshine. The 4th Avenue and downtown arts districts have the same community-invested character as Nashville's East Nashville, and Saguaro National Park provides outdoor access that Tennessee's greenbelt can't match.

Monthly Total *

$8,340/mo

2% less than Nashville

Housing

$1,337/mo

Food

$973/mo

Transport

$1,418/mo

Median Home: $416,485 Median Income: $87,639/yr Annual Savings: $1,925

* Includes housing, food, transportation, healthcare, childcare, taxes & other essentials. Typical family household - individual costs will vary.

9

Birmingham, AL (35203)

Save ~$103/mo

Get Nashville's New South energy and food scene without the Music City premium.

Birmingham has engineered one of the most compelling urban revivals in the South. The Pepper Place farmers market, Railroad Park, and the Avondale and Woodlawn neighborhoods have the food-and-arts energy that Nashville's East Nashville is known for. The city's medical research sector at UAB has attracted a professional class, and the cost of living is meaningfully lower than Nashville's.

Monthly Total *

$8,397/mo

1% less than Nashville

Housing

$1,236/mo

Food

$1,087/mo

Transport

$1,438/mo

Median Home: $347,004 Median Income: $85,260/yr Annual Savings: $1,233

* Includes housing, food, transportation, healthcare, childcare, taxes & other essentials. Typical family household - individual costs will vary.

10

Cincinnati, OH (45202)

Save ~$72/mo

Get Nashville's walkable urban character and food culture further north.

Cincinnati's Over-the-Rhine has the restored urban character - historic architecture, craft breweries, serious restaurants - that Nashville's Germantown neighborhood delivers, in a Northern setting with Ohio River views. The city has a strong progressive culture, a growing tech and healthcare sector, and a cost of living that's slightly lower than Nashville's with comparable urban quality.

Monthly Total *

$8,428/mo

1% less than Nashville

Housing

$1,140/mo

Food

$997/mo

Transport

$1,374/mo

Median Home: $402,360 Median Income: $97,939/yr Annual Savings: $859

* Includes housing, food, transportation, healthcare, childcare, taxes & other essentials. Typical family household - individual costs will vary.

Is It Worth Leaving Nashville?

The numbers make a compelling case. If you can find the same quality of life in a city that costs less per month, that's real money back in your pocket every year. The right ZIP code isn't just about what you save, it's about finding a place that fits your lifestyle just as well. Use our free cost of living calculator to compare any two ZIP codes side by side.

Frequently Asked Questions

Memphis has the deepest music roots in America and a food scene anchored by world-class barbecue. New Orleans has a music culture with arguably more depth and originality than Nashville. Kansas City has jazz. Savannah, Charleston, and Birmingham all have serious food scenes with James Beard-recognized chefs. The South is full of cities with strong food and music culture that cost less than Nashville.
Our picks save you roughly $100 to $780 per month compared to Nashville 37201, which is $1,200 to $9,300 per year. Nashville has gotten expensive, so the gaps are smaller than with coastal cities. Memphis and Little Rock offer the biggest savings. Tulsa, Lexington, and Oklahoma City are close in cost but still cheaper. Every dollar counts when you're making a lifestyle decision.
Tulsa has been running active remote worker attraction programs and has seen significant growth. Birmingham has been growing its professional class through UAB and corporate investment. Charleston and Savannah are both seeing strong population growth. Oklahoma City has invested heavily in its urban core. Little Rock and Lexington are stable and growing. All have more room to grow - and more affordable homes - than Nashville currently does.

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