ReloMath

Nashville, TN vs Minneapolis, MN: Cost of Living

Compare the cost of living between Nashville, TN and Minneapolis, MN. See the equivalent salary and median rent powered by BLS Regional Price Parities.

Source-verified · June 2026BEA Regional Price Parities by MSA, 2022 (Table 4); HUD FY2024 Fair Market Rents (2-BR) Official source ↗
Source-verified · June 2026BEA Regional Price Parities by MSA, 2022 (Table 4); HUD FY2024 Fair Market Rents (2-BR) Official source ↗

Nashville, TN

TN

Overall RPP (US=100)
96.6
Housing RPP
105.8
Goods RPP
94.4
2-BR median rent
$1,619/mo

Tennessee has no state income tax on wages.

Minneapolis, MN

MN

Overall RPP (US=100)
102.9
Housing RPP
119.2
Goods RPP
102.7
2-BR median rent
$1,622/mo

Minnesota income tax 5.35%-9.85%. No city income tax.

Equivalent salary

Minneapolis, MN is more expensive than Nashville, TN by about 6.5% (RPP 96.6 to 102.9).

$60,000 in Nashville, TN

-> $63,913

in Minneapolis, MN

$100,000 in Nashville, TN

-> $106,522

in Minneapolis, MN

$150,000 in Nashville, TN

-> $159,783

in Minneapolis, MN

This tool provides estimates only. Equivalent-salary figures are derived from BLS Regional Price Parities (RPP) and HUD Fair Market Rents — they are averages, not guarantees. Actual cost of living varies by neighborhood, lifestyle, and individual circumstances. Not financial advice.

Frequently asked questions

Is Minneapolis, MN cheaper or more expensive than Nashville, TN?
Minneapolis, MN (RPP 102.9) is more expensive than Nashville, TN (RPP 96.6) by about 6.5%.
What salary do I need in Minneapolis, MN if I earn $100,000 in Nashville, TN?
You would need approximately $106,522 in Minneapolis, MN to maintain the same purchasing power as $100,000 in Nashville, TN. Formula: $100,000 x (102.9 / 96.6).