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
* 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
Memphis, TN (38103)
Save ~$777/moGet 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
* Includes housing, food, transportation, healthcare, childcare, taxes & other essentials. Typical family household - individual costs will vary.
Little Rock, AR (72135)
Save ~$721/moGet 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
* Includes housing, food, transportation, healthcare, childcare, taxes & other essentials. Typical family household - individual costs will vary.
Albuquerque, NM (87104)
Save ~$475/moGet 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
* Includes housing, food, transportation, healthcare, childcare, taxes & other essentials. Typical family household - individual costs will vary.
Savannah, GA (31401)
Save ~$406/moGet 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
* Includes housing, food, transportation, healthcare, childcare, taxes & other essentials. Typical family household - individual costs will vary.
Tulsa, OK (74131)
Save ~$324/moGet 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
* Includes housing, food, transportation, healthcare, childcare, taxes & other essentials. Typical family household - individual costs will vary.
Lexington, KY (40502)
Save ~$315/moGet 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
* Includes housing, food, transportation, healthcare, childcare, taxes & other essentials. Typical family household - individual costs will vary.
Oklahoma City, OK (73102)
Save ~$259/moGet 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
* Includes housing, food, transportation, healthcare, childcare, taxes & other essentials. Typical family household - individual costs will vary.
Tucson, AZ (85701)
Save ~$160/moGet 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
* Includes housing, food, transportation, healthcare, childcare, taxes & other essentials. Typical family household - individual costs will vary.
Birmingham, AL (35203)
Save ~$103/moGet 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
* Includes housing, food, transportation, healthcare, childcare, taxes & other essentials. Typical family household - individual costs will vary.
Cincinnati, OH (45202)
Save ~$72/moGet 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
* 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
Explore More Best Of Lists
Discover more curated rankings of the best places to live and relocate.
View All Best Of Lists →